Core Insights - The cold chain logistics industry in China is experiencing steady growth, with a total demand of 192 million tons in the first half of the year, representing a year-on-year increase of 4.35% [6] - The total revenue of food cold chain logistics service companies reached 279.94 billion yuan, marking a year-on-year growth of 3.84% [6] Demand and Market Trends - The cold chain logistics sector is benefiting from effective consumption-boosting policies, leading to a stable increase in demand and an expanding market scale [2] - In July, the throughput of cold chain goods in Zhengzhou reached 2.9 million standard boxes, nearly doubling compared to the previous year [2] Infrastructure and Investment - Investment in cold storage projects increased by 7.67% year-on-year, with a total investment of 22.306 billion yuan in the first half of the year [11] - The total capacity of cold storage reached 260 million cubic meters, reflecting a year-on-year growth of 6.12% [11] Technological Advancements - Cold chain logistics companies are enhancing their operations by expanding cold storage facilities and implementing information technology for better management of the entire cold chain process [4] Vehicle Trends - The sales of refrigerated vehicles increased by 18.19% year-on-year, with a total of 29,474 units sold in the first half of the year [14] - Sales of new energy refrigerated vehicles surged by 119.61%, with 10,548 units sold, resulting in a penetration rate of 35.8%, an increase of 16.5 percentage points year-on-year [14][21]