Core Insights - The fresh produce industry faces significant cash flow pressures, particularly for small and medium-sized enterprises (SMEs), due to long payment cycles averaging 90-180 days and the complexities of the supply chain [1][3] - Cold chain supply chain finance platforms are emerging to alleviate these pressures by leveraging logistics data to create a trustworthy financial service ecosystem [3][9] Group 1: Challenges in the Fresh Produce Industry - SMEs in the fresh produce sector experience cash flow constraints due to the short shelf life of products and the need for continuous investment in procurement, storage, and transportation [1] - Traditional financial institutions are hesitant to lend to these businesses due to a lack of reliable data for risk assessment [1] Group 2: Innovations in Cold Chain Finance - Cold chain finance platforms utilize real-time data from logistics to provide risk assessment for financial institutions and innovative financing tools for SMEs, such as warehouse receipt pledges and freight factoring [3][4] - SMEs can use goods stored in cold chain warehouses as collateral, with financing up to 70% of the collateral value based on real-time monitoring data [3][4] Group 3: Technological Advancements - The core competitiveness of cold chain finance lies in the authenticity and real-time nature of data, achieved through IoT, blockchain, AI, and digital twin technologies [4][6] - For instance, the integration of IoT sensors and blockchain ensures data integrity and enables real-time monitoring of temperature and humidity, significantly reducing financing risks [4][6] Group 4: Market Position and Growth - The leading cold chain finance platform, Yue Shi, connects over 4,000 cold chain parks globally and has a cold storage capacity of 57 million tons, serving over 370,000 end customers [6][7] - The platform has developed a "Cold Chain Data Loan" product in collaboration with banks, offering low-interest loans based on logistics data and transaction flows [7][9] Group 5: Future Outlook - Cold chain finance platforms are positioned as key solutions to the financing challenges faced by SMEs in the fresh produce sector, enhancing industry efficiency and creating a robust ecosystem of technology, capital, and services [9]