Core Insights - The transformation of an idle school building into a modern cold storage facility in Baishiyuan Village is a successful case of revitalizing dormant assets to boost local agricultural production and economic development [1][2] - The village has developed a cold chain storage system that enhances the preservation of local agricultural products, significantly increasing their marketability and freshness [1][2] Group 1: Cold Chain Development - The cold storage facility was established to address the insufficient preservation capabilities for local agricultural products, particularly peanut seedlings and pea seedlings [1] - The first cold storage unit, built in 2021, includes a 1,100 cubic meter pre-cooling warehouse and a high-temperature cold storage, meeting production needs and enabling temperature-controlled hydroponics [1] - By 2025, the peanut seedling industry in the village is projected to exceed a production value of 4 million yuan, creating over 50 local jobs and generating stable income for the village collective [1] Group 2: Expansion and Diversification - The village has constructed a 520 cubic meter high-standard cold storage for tea, which can store over 40 tons of tea, effectively doubling the profits for local tea factories [2] - A total of four cold storage facilities have been established, with three already rented out, contributing to the revitalization of other idle factory buildings [2] - The village has diversified its agricultural offerings beyond peanut seedlings to include pea seedlings and has implemented a new cooperative model that ensures direct benefits for villagers [2] Group 3: Economic Impact - The cold chain facilities have become the "heart" of the rural industrial development, integrating storage, production, e-commerce sales, and food processing into a cohesive supply chain [2] - The village collective's annual income has increased by over 100,000 yuan, while local residents have seen daily income rise by over 100 yuan through nearby employment opportunities [2]

Company Overview - The company, Shenzhen Yue Ten Smart Co., Ltd., focuses on the digitalization of cold chain agricultural product sales, supported by its self-developed digital platform [3][4] - It ranks among the top ten in China's digital cold chain agricultural product sales market based on projected revenue for 2024 [3] - The business model consists of two core data-driven segments: cold chain agricultural product sales and comprehensive cold chain digital solutions [3] Business Model - The company recognized the structural shift towards digital transformation in agricultural product distribution and cold chain operations early on [4] - Since its establishment in 2019, it has developed the Yue Ten Smart Cold Chain Cloud Platform, evolving from providing digital information systems to a comprehensive cold chain solution [4] - As of January 19, 2026, over 750 domestic cold chain operators have implemented the company's solutions, covering approximately 30 provinces and regions in China [4] Sales and Customer Engagement - The company has sold cold chain agricultural products to over 1,000 customers, leveraging accumulated data for precise demand forecasting and inventory management [6] - The customer repurchase rate for the cold chain agricultural product sales business reached 51.0% in 2024 [7] Financial Performance - Revenue for the fiscal years ending December 31, 2023, 2024, and the nine months ending September 30, 2025, is approximately RMB 1.25 billion, RMB 2.98 billion, and RMB 3.99 billion respectively [8] - Gross margins for the same periods are 1.8%, 2.7%, and 3.0% [9] - Total losses and comprehensive expenses for the fiscal years are approximately RMB 28.27 million, RMB 219.03 million, and RMB 1.76 billion respectively [10] Industry Overview - The total revenue of China's agricultural cold chain market is projected to grow from RMB 360.2 billion in 2020 to RMB 511.1 billion in 2024, with a compound annual growth rate (CAGR) of 9.1% [12] - The cold chain agricultural product sales market is expected to increase from RMB 2.49 trillion in 2020 to RMB 3.48 trillion in 2024, with a CAGR of 8.7% [12] - The digital cold chain agricultural product sales market is anticipated to expand from RMB 274 billion in 2020 to RMB 522 billion in 2024, reflecting a CAGR of 17.5% [15]