Core Insights - The first quarter supply chain data for food ingredients released by the China Federation of Logistics and Purchasing indicates a positive outlook for the food ingredient industry, with a market size of 2.74 trillion yuan and a year-on-year growth rate of 2.98% [1] - The food circulation scale reached 1.76 trillion yuan, with a year-on-year growth rate of 3.17%, reflecting the resilience and vitality of the food market supported by economic recovery and policy benefits [1] Consumption Trends - The year-on-year growth rate of 2.98% in food ingredient consumption, while modest, is significant in the current complex economic environment, indicating strong consumer demand that is expected to further increase as the economy recovers [3] - Emerging consumption sectors such as prepared dishes and fresh food e-commerce are experiencing notable growth, driven by convenience and diverse offerings that cater to the fast-paced lifestyle of urban consumers [3] Supply Chain Efficiency - The food circulation scale's year-on-year growth rate of 3.17% highlights the efficient operation of the food supply chain, aided by advancements in logistics technology and infrastructure [3] - The rapid development of cold chain logistics is crucial, ensuring the quality and safety of perishable food items during transportation, supported by an increase in cold chain vehicles and storage facilities [3] Challenges and Sustainability - Despite positive developments, the food supply chain faces challenges, particularly concerning food safety, which requires companies to enhance quality control and establish robust food safety traceability systems [4] - The trend towards green development in the food supply chain is becoming essential, necessitating environmentally friendly practices in packaging, transportation, and storage to achieve sustainable growth [4] Industry Outlook - The solid start of the food supply chain in the first quarter lays a good foundation for industry development, but continuous efforts are needed to optimize supply chain management and improve product quality and service levels [4]

Core Insights - The 15th IGPE China International Grain and Oil Industry Expo and the 8th Grain and Oil Industry Marketing and Development Conference recently opened in Nanjing, where "Sukang Baby Rice" won the "Technology Innovation" Gold Award, and Sukang Rice Industry was awarded the "Outstanding Distributor" Gold Award, reflecting the recognition of "Sukang Rice" product quality and business philosophy [1] Group 1: Quality Control and Assurance - Sukang Rice Industry is recognized as the only "chain leader" enterprise in Jiangsu for high-quality rice, adhering to a strict raw material management philosophy that ensures consistency and stability in rice growth through meticulous control at every stage from seedling to harvest [2] - The company implements advanced preservation and storage techniques, including intelligent grain storage and modern methods like mechanical ventilation and temperature control, to maintain the nutritional value and taste quality of rice [2] - A comprehensive quality inspection system is established, ensuring that all rice products meet national standards and high-quality requirements, providing reliable product guarantees and comprehensive support services to consumers [2] Group 2: Research and Development - Jiangsu Nongken has a specialized research team focused on rice variety development and improvement, producing high-quality varieties such as "Hua Jing" series "Xiang Yuan 99" and "Nan Jing 108" that cater to local conditions [3] - The company collaborates with institutions like Jiangnan University to leverage big data and quality information for selecting premium raw materials and producing functional and customized rice products, aligning with consumer demands for better nutrition [3] - Sukang Rice has received multiple awards for taste and has been included in the "China Good Grain and Oil Products" directory, reflecting its commitment to product innovation and market expansion [3] Group 3: Sustainable and Safe Practices - The rice fields in Jiangsu are located in nutrient-rich areas with abundant water sources, providing ideal conditions for rice cultivation [4] - The company follows a "six unifications" management approach to ensure traceability and accountability in food safety, establishing a modern food safety traceability system [4] - Sukang Rice Industry promotes a "green quality safety" philosophy, enhancing its brand influence through standardized production practices and sustainable farming methods [4]