Core Insights - The cold chain logistics industry in China is experiencing steady growth in demand and market expansion, driven by effective consumption-boosting policies [1][2] Group 1: Market Demand and Growth - In the first half of the year, the total demand for food cold chain logistics reached 192 million tons, a year-on-year increase of 4.35% [2] - The total revenue of food cold chain logistics service companies was 279.94 billion yuan, reflecting a year-on-year growth of 3.84% [2] - The overall trend in the cold chain logistics sector is characterized by stable demand, scale expansion, and structural adjustment, particularly with the peak season for fresh agricultural products [2] Group 2: Cold Storage Investment and Capacity - Investment in cold storage projects increased by 7.67% year-on-year, amounting to 22.306 billion yuan in the first half of the year [3][4] - As of the end of June, the total capacity of cold storage reached 26 million cubic meters, marking a year-on-year increase of 6.12% [4] - The cold storage rental market shows significant regional concentration, with East, Central, and South China accounting for nearly 80% of the national rental market share [4] Group 3: Cold Chain Transportation - The sales of refrigerated trucks reached 29,474 units in the first half of the year, representing an 18.19% year-on-year increase [6] - Sales of new energy refrigerated trucks surged by 119.61% year-on-year, with a penetration rate of 35.8%, up 16.5 percentage points [6][7] - The implementation of purchase subsidies for new energy refrigerated trucks has significantly stimulated market demand, with orders doubling compared to the previous year [6][7] Group 4: Technological Advancements - Companies are enhancing cold chain logistics by expanding cold storage facilities and integrating information technology for better management of the entire cold chain process [1] - Real-time monitoring of refrigerated truck conditions, including location, speed, and temperature, is being implemented to ensure compliance with cold chain standards [1]