Core Viewpoint - Guanghong Holdings reported a steady performance in the first half of 2025, with revenue of 1.147 billion yuan and a net profit of 73.52 million yuan, reflecting a year-on-year increase of 3.94% [1] Group 1: Financial Performance - In the first half of 2025, the company achieved operating income of 1.147 billion yuan and a net profit attributable to shareholders of 73.52 million yuan, marking a 3.94% increase year-on-year [1] - As of the end of the reporting period, total assets amounted to 6.653 billion yuan, with net assets attributable to shareholders at 3.176 billion yuan [1] Group 2: Cold Chain Logistics and Supply Chain Transformation - The company is transitioning from a traditional frozen product wholesaler to a comprehensive supply chain service provider, leveraging its cold chain logistics and frozen product trading center in South China [2] - Guanghong Foods' frozen product trading center supplies over half of Guangzhou's frozen meat reserves, holding a leading market share and serving as a crucial platform for regional livelihood [2] - The company has expanded its end-to-end delivery services, providing a full range of food ingredient deliveries to over 60,000 students in multiple schools in Xinyi City [2] - A standardized supply chain system covering 20 categories, including grains, meat, poultry, seafood, and vegetables, has been established [2] - The company has enhanced its supply chain stability and efficiency through information technology, achieving 21 new certifications, including HACCP and green supply chain management [2] Group 3: Agricultural Innovation and Livestock Expansion - The agricultural and animal husbandry business is a core pillar for the company, with significant breakthroughs in seed innovation and livestock capacity expansion in the first half of 2025 [4] - The "No. 3 White Chicken" has been officially approved as a new breed in South China, enhancing the company's competitive edge in the chick and meat chicken markets [4] - The He Yuan national chicken breeding base has commenced full production, improving hatch rates to 89.93% and reducing mortality rates to 0.29% [4] - The company has obtained permission to export live poultry to Hong Kong, opening new cross-border market opportunities [4] Group 4: Strategic Development and Future Outlook - The company is focusing on a dual-driven strategy of "cold chain + breeding" to build a large food industry chain covering the Guangdong-Hong Kong-Macao Greater Bay Area [7] - The cold chain delivery business will continue to expand into new markets such as campus meals, government procurement, and corporate catering [7] - The company is well-positioned to play a more significant role in food safety and livelihood security, benefiting from national agricultural strategies and technological advancements [7]

（文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问外界流传公司有进军航空轮胎领域设想，是否属 实？ 罗牛山（000735.SZ）8月26日在投资者互动平台表示，传闻不实。公司主要业务为生猪养殖及屠宰加工 业务、冷链业务和房地产业务，未涉及航空轮胎领域。 ...

引言：万亿市场的转型阵痛与机遇 2025年，中国冷链物流市场规模突破8000亿元，成为全球增速最快的市场之一。在消费升级与政策驱动下，行业正经历从规模扩张向高质量发 展的结构性转型。然而，基础设施薄弱、技术标准化缺失、成本高企等痛点依然突出。数商云作为B2B电商领域的数字化服务商，通过整合物 联网、区块链、大数据等前沿技术，构建起覆盖"采购-仓储-运输-配送"全链条的智能解决方案，为行业痛点提供系统性破局之道。 一、冷链物流行业的核心痛点解析 （一）基础设施结构性失衡 全国冷库总量虽达2.37亿立方米，但区域分布极不均衡。西部县域冷链设施覆盖率不足50%，云南计划2025年建成的40个冷链集配中心，仍面 临"最初一公里"断链难题。产地预冷设施短缺导致农产品采后损失率达20%-30%，而销地仓储的跨区域调运效率因设备标准化程度低而受限。 （二）技术标准化体系缺失 传统冷链运输中，温度监控、包装规范、追溯体系缺乏统一标准。某生鲜电商企业案例显示，其冷链运输损耗率曾高达8%，主要因运输过程 中温湿度波动超出安全阈值。区块链技术应用虽能实现全流程溯源，但行业渗透率不足30%，导致品质管控仍依赖人工记录。 （三）成本结 ...

Group 1 - The protection of black soil is emphasized as a major task to ensure national food security, with significant improvements in soil quality in Northeast China over the past decade [2] - The "Northeast Black Soil Protection and Utilization Pilot" project has been implemented since 2015, leading to notable achievements in black soil conservation [2] Group 2 - Tianjin is actively promoting the deep integration of technological and industrial innovation to provide new momentum for building a modern industrial system [3] Group 3 - In the first half of the year, traditional villages across the country attracted nearly 300 million tourists, highlighting the effectiveness of cultural empowerment in promoting unique development [4] Group 4 - The mechanical industry in China has maintained a growth trend in the first seven months of the year, with significant increases in various sectors, including general equipment manufacturing (up 8.3%), automotive manufacturing (up 10.9%), and electrical machinery (up 11.9%) [9]

Group 1 - The core viewpoint is that China's cold chain logistics sector is experiencing steady growth in demand and market size, supported by effective consumption promotion policies [1] - In the first half of the year, the total demand for food cold chain logistics reached 192 million tons, representing a year-on-year increase of 4.35% [1] - The total revenue of food cold chain logistics service companies in the first half of the year was 279.94 billion yuan, showing a year-on-year growth of 3.84% [1] Group 2 - The resilience of the cold chain logistics sector is attributed to increased government investment in cold chain infrastructure, with funding for cold storage projects amounting to 22.306 billion yuan in the first half of the year, a year-on-year increase of 7.67% [3] - The sales of new energy refrigerated trucks surged, with 10,548 units sold in the first half of the year, marking a significant year-on-year growth of 119.61% [3]

Group 1 - The article highlights the importance of protecting black soil to ensure national food security [1] - It discusses the acceleration of modern industrial system construction in Tianjin driven by innovation [2] - The mechanical industry maintained a growth trend in the first seven months of the year [7] Group 2 - The cold chain logistics sector showed steady progress in the first half of the year, driven by policy and market [8] - Various regions are implementing urban renewal initiatives to improve living environments [9] - Shandong is actively promoting ecological protection in the Yellow River basin [10]

央视新闻8月18日报道，在促消费政策持续发力下，我国冷链物流行业展现出强劲韧性。央视记者近日 探访河南郑州中牟县物流枢纽时，见证了冷链物流的繁忙景象——满载冻品食材的冷藏车排满厂区。其 中，河南华鼎冷链仓配科技有限公司凭借创新技术与管理模式，成为行业稳中有升的标杆案例，获得央 视重点报道。 高温催化需求，华鼎冷链科技吞吐量激增 行业数据印证逆势增长趋势 中国物流与采购联合会数据显示，上半年全国食品冷链物流需求总量达1.92亿吨，同比增长4.35%；相 关企业总收入2799.4亿元，增长3.84%。 中国物流与采购联合会冷链物流专业委员会副秘书长刘飞指出："行业呈现'稳需求、扩规模、调结 构'态势，尤其在生鲜农产品旺季，食品冷链展现出强劲逆势增长韧性。" "市场对品质的要求日益提升，正倒逼行业提供更专业的全程冷链服务"，王君表示。 技术筑牢"全程冷链"生命线 面对激增需求，华鼎冷链双管齐下：一方面扩大冻库规模提升仓储能力；另一方面引入信息化技术实现 运输全链条管控。 在其网络货运平台的数字大屏上，每辆在途冷藏车的实时位置、速度及车厢温度一目了然。"车内温度 数据实时回传系统且不可篡改，这是保障全程冷链的核心。" ...

Core Insights - The cold chain logistics market in China has shown steady growth in the first half of the year, with a total demand for food cold chain logistics reaching 192 million tons, representing a year-on-year increase of 4.35% [1] - The total revenue of food cold chain logistics service enterprises reached 279.94 billion yuan, marking a year-on-year growth of 3.84% [1] Group 1: Existing Cold Chain Logistics Enterprises - There are currently 30,000 cold chain logistics-related enterprises in China [2] - More than half of these enterprises have been established for 5-10 years, accounting for 51.68% [2] - In terms of registration, 901 related enterprises have been registered this year, with a total of 1,665 expected to be registered by the end of 2024 [2] Group 2: Capital Structure of Cold Chain Logistics Enterprises - A significant portion of cold chain logistics enterprises are lightweight, with 24.03% having registered capital of less than 1 million yuan [3] - Additionally, 19.41% of enterprises have registered capital between 1 million and 2 million yuan, while 17.08% have capital between 5 million and 10 million yuan [3] Group 3: Regional Distribution of Cold Chain Logistics Enterprises - Cold chain logistics enterprises are primarily concentrated in the East China region, which accounts for 30.22% of the total [4] - The North China and Central China regions follow, with 17.69% and 15.15% of enterprises, respectively [4]

Group 1 - The total demand for food cold chain logistics in the first half of the year reached 192 million tons, representing a year-on-year growth of 4.35% [1] - The total revenue of cold chain logistics service companies in the first half of the year was 279.94 billion yuan, an increase of 3.84% year-on-year [1] - Investment in cold storage projects amounted to 22.306 billion yuan in the first half of the year, showing a year-on-year increase of 7.67% [1] - As of the end of June, the total capacity of cold storage reached 26 million cubic meters, reflecting a year-on-year growth of 6.12% [1] - The cold chain logistics sector is experiencing steady growth, with increasing demand and an expanding market size [1] Group 2 - The sales of refrigerated vehicles in the first half of the year reached 29,474 units, marking a year-on-year increase of 18.19% [5] - Among these, the sales of new energy refrigerated vehicles reached 10,548 units, showing a remarkable year-on-year growth of 119.61% [5] - The rapid development of fresh e-commerce and chain restaurants has driven strong demand for cold chain distribution, leading to a significant increase in the sales of light refrigerated vehicles [3] - New energy refrigerated vehicles are becoming the main force in cold chain transportation, supported by government subsidies and relaxed road access policies [7] - The average cost of new energy refrigerated vehicles is 5% to 10% lower than that of traditional fuel vehicles, with higher mobility and stronger competitiveness in terms of green and low-carbon aspects [7]

Core Insights - The cold chain logistics industry in China is experiencing steady growth, with a total demand for food cold chain logistics projected to reach 192 million tons in the first half of 2025, representing a year-on-year increase of 4.35% [1] - The total revenue of food cold chain logistics service companies reached 279.94 billion yuan in the first half of the year, marking a year-on-year growth of 3.84% [4] - Investment in cold storage projects amounted to 22.306 billion yuan in the first half of 2025, reflecting a year-on-year increase of 7.67% [4] - The total capacity of cold storage facilities reached 26 million cubic meters by the end of June, showing a year-on-year growth of 6.12% [4] Industry Trends - The demand for cold chain delivery is robust, driven by the rapid development of fresh e-commerce and chain restaurants, leading to a significant increase in the sales of light refrigerated vehicles [4] - Sales of refrigerated vehicles reached 29,474 units in the first half of 2025, with a year-on-year increase of 18.19%. Among these, sales of new energy refrigerated vehicles surged to 10,548 units, up 119.61% year-on-year, achieving a penetration rate of 35.8%, an increase of 16.5 percentage points [7] Technological and Regulatory Developments - The high penetration rate of new energy refrigerated vehicles is supported by government subsidies and relaxed road access regulations, with average costs being 5% to 10% lower than traditional fuel vehicles [7] - Cold chain logistics is critical for maintaining the quality of perishable goods, as demonstrated by laboratory tests showing a significant difference in bacterial growth between refrigerated and non-refrigerated conditions [10][12] - Currently, China's food cold chain circulation rate stands at 55%, compared to 95% in developed countries, indicating a need for improvements in temperature control during transportation to ensure food safety [15] Challenges and Recommendations - Cold chain logistics has irreversible characteristics; any disruption in the cold chain can lead to exponential growth of bacteria and microorganisms, emphasizing the need for full-chain traceability and digital upgrades [16] - Experts recommend enhancing the cold chain's temperature control capabilities to ensure food safety from production to consumption [15]