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]

而且，中国冷链客户太过分散。在中国这广阔的地域里创立覆盖全国且服务优质的冷链公司已难实现。 眼看国内冷链行业竞争日趋白热化，九曳将目光投向海外。他想将国内的经验复制到海外去，重启自己 的创业之路。 中东和北非冷链平均渗透率不足50% 九曳将出海首站锁定在中东。经过半年的市场调研，他发现中东的冷链物流市场大有可为。 而这一年，也正是中国冷链物流快速发展的节点。 彼时，淘宝、京东等电商在经历同质化竞争后，正将目光转向线上尚未充分开发、但复购率很高的生鲜 果蔬和速冻食品，对冷链服务的需求也越来越高。 九曳捕捉到生鲜电商这一机会，创立了九曳供应链，通过自研信息系统和云仓模式，解决了当时中国生 鲜电商最后一公里配送的难题。 从2015年到2019年，九曳供应链完成了总金额近8亿元的八轮融资，一度成为冷链物流行业的头部公 司。然而，2020年因疫情原因遭遇了经营危机，导致九曳不得不出让控制权，最终在2021年与部分合伙 人陆续离开公司。 那时，中国冷链物流业正处于快速扩张阶段，但因企业数量激增、冷库数量暴涨、新能源冷藏车降低行 业成本等原因，冷链市场产能严重过剩。 2014年，九曳从阿里巴巴离职，此时，距离阿里巴巴上市还 ...

Core Insights - The article highlights the rapid logistics and cold chain capabilities of Tianjin Port, which efficiently delivers imported frozen meat and fresh produce from South America to the Beijing-Tianjin-Hebei region within 24 hours [1][4]. Group 1: Cold Chain Infrastructure - Tianjin Port has established a significant cold storage capacity, with a cold storage facility capable of holding 50,000 tons and currently storing approximately 48,000 tons, achieving over 90% capacity utilization [2]. - The cold storage is divided into refrigerated and frozen sections, with temperatures maintained between 0-1 degrees Celsius for refrigeration and below -18 degrees Celsius for freezing, catering to various fresh produce storage needs [2]. Group 2: Product Variety and Volume - The cold chain at Tianjin Port handles a diverse range of products, including hundreds of types of cold chain products, with an annual throughput of several million tons, accounting for about 30% of the national meat import volume [3]. - The facility stores a variety of global fruits and meats, including cherries from Chile, durians from Thailand, and beef from Brazil, showcasing the extensive product range available [3]. Group 3: Strategic Advantages - Tianjin Port's strategic location as the largest comprehensive port in northern China provides a robust transportation network with 147 container shipping routes connecting globally and 120 inland marketing centers covering 14 provinces [3]. - The cold chain logistics industry is expanding, with various companies establishing operations in the East Jiang Port area, enhancing the integration of port, industry, and city development [3]. Group 4: Operational Efficiency - The port has implemented an information-sharing mechanism among customs, port, and logistics companies, reducing the handling time for a container of cherries to under 20 minutes and ensuring delivery to major markets within 5 hours [4]. Group 5: Future Developments - Tianjin Port is advancing its cold chain logistics by adopting automated storage systems, unmanned forklifts, and smart sorting systems to enhance storage capacity and operational efficiency [5]. - The port is also exploring cold chain logistics financial services to support upstream and downstream enterprises, aiming to expand the market for high-end dairy products and biopharmaceuticals [5].

Core Insights - The cold chain logistics industry in Shanghai is experiencing significant growth driven by consumption upgrades and the explosion of fresh e-commerce [1] - Shanghai serves as an international hub, gathering leading cold chain companies that are reshaping industry standards through intelligent management and customized solutions [1] Company Summaries - **Yingmai Logistics**: A national 4A logistics enterprise, Yingmai utilizes ±0.5℃ precise temperature control technology to establish industry barriers. Its blockchain traceability system achieves a 98% judicial evidence acceptance rate, covering 18 high-end sectors and providing emergency services for over 300 multinational companies [3] - **SF Cold Chain**: With the largest cold storage cluster in the country and over 10,000 refrigerated vehicles, SF Cold Chain maintains a leading position in ultra-low temperature vaccine transportation, achieving a 99.2% next-day delivery rate for fresh products across provinces [4] - **JD Cold Chain**: Innovating e-commerce cold chain logistics, JD Cold Chain integrates storage, transportation, and distribution networks, reducing sorting error rates to 0.01% with AI dynamic routing [5] - **Rongqing Logistics**: A multi-business service giant with a million square meters of high-end storage, Rongqing leads in chemical and pharmaceutical cold chain market share, improving customs clearance efficiency by 40% [6] - **Zhengming Modern Logistics**: Operates over 80 intelligent cold storage facilities nationwide, with a temperature-controlled warehouse network of 1.3 million square meters, and has contributed to the formulation of five national standards [7] - **Sinotrans Cold Chain**: A key player in cross-border cold chain logistics, utilizing deep cold storage to streamline import cold chain customs clearance to 6 hours, with over 30% of its business in high-end products [8] - **Wanwake Cold Chain**: A leader in green and low-carbon logistics, operating 20 photovoltaic cold storage parks, achieving a carbon reduction equivalent to 12,000 trees [9] - **Xinxiahui**: A joint venture focusing on restaurant supply chains, employing advanced dynamic temperature control technology to minimize delivery loss rates to below 0.3% [9] - **ZTO Cold Chain**: A pioneer in penetrating lower-tier markets, with a network of 5,000 nodes and a blockchain traceability system ensuring freshness delivery within 48 hours [9] - **Shuanghui Logistics**: A model of industrial synergy, leveraging its parent company's advantages to build a 200,000-ton automated cold storage facility, achieving a meat cold chain loss rate of only 0.03% [10] Industry Trends - The cold chain logistics sector is being redefined by technological advancements, with companies focusing on smart energy management and ultra-low temperature transportation for biopharmaceuticals [12] - As ESG standards are implemented and global supply chains upgrade, leading companies are expected to drive cold chain logistics from a cost center to an industry value engine [12]

Core Viewpoint - The establishment of the "1 support point, 3 hubs, 2 bases, and 1 center" modern circulation network in Changsha marks a significant advancement in the region's logistics capabilities, enhancing its economic competitiveness and supporting high-quality development in Hunan and the central region of China [1][4]. Group 1: Logistics Hubs - Changsha has successfully established three national logistics hubs: the Changsha Land Port Logistics Hub, the Changsha Production Service Logistics Hub, and the Changsha Air Port Logistics Hub, which were recognized as "national-level" in 2019, 2023, and 2025 respectively [2]. - The Changsha Land Port Logistics Hub, centered around the Jinxia Modern Logistics Park, integrates rail, water, and road transport, attracting major cross-border e-commerce companies [2]. - The Changsha Air Port Logistics Hub serves as a core node for air freight in Central China, creating a comprehensive international logistics hub that supports industrial development [2]. Group 2: Cold Chain and Warehouse Bases - The Changsha National Backbone Cold Chain Logistics Base is set to achieve a total cold storage capacity of 2 million cubic meters, facilitating an annual turnover of 20 million tons of fresh agricultural products, thus boosting agricultural trade and economic growth [2]. - The suburban warehouse base employs a strategic layout to enhance the city's emergency material transport capabilities and logistics system resilience [2]. Group 3: International Logistics and Trade - As of January 2025, Changsha will be one of the 14 central collection centers for the China-Europe Railway Express, maintaining a scale of over 1,000 trains for four consecutive years and ranking among the top in the country [3]. - The China-Europe Railway Express from Changsha has developed premium routes and specialized trains for manufacturing, effectively reducing overall logistics costs in Hunan province [3]. Group 4: Economic Impact - The modern circulation network is a crucial engine for enhancing Changsha's regional economic competitiveness and supports the implementation of the national "dual circulation" strategy [4]. - In the first five months of 2025, Changsha achieved a total retail sales of consumer goods amounting to 227.134 billion yuan, with a year-on-year growth of 4.8% [4]. - The city's total import and export volume reached 109.095 billion yuan, accounting for 52% of the province's foreign trade, with exports growing by 7.2% [4].

Group 1: E-commerce Logistics Demand - The Chinese e-commerce logistics index has reached a new high for the year, driven by strong seasonal demand for fresh produce and cold drinks during summer [1] - The logistics demand for seasonal products, particularly fresh cherries, has surged, necessitating robust cold chain logistics to maintain quality during long-distance transportation [1] Group 2: Cherry Transportation Process - In Dalian's Guojia Village, cherries are harvested and immediately placed into special vehicles for transport [4] - Cherries are carefully selected, packed with ice packs, and separated by absorbent paper to ensure freshness during the packing process [6] - After pre-cooling, cherries are transported to a transfer station where they are sorted and dispatched using different transportation methods based on distance [7] Group 3: Air Transportation of Cherries - Most cherries are transported by air to regions such as Beijing-Tianjin-Hebei and the Yangtze River Delta, with dedicated cargo planes ready for shipment [8] - The logistics system allows cherries to be delivered to consumers within 24 hours of harvest, ensuring freshness [10] Group 4: Salmon Cold Chain Logistics - Cold chain logistics is also crucial for transporting fresh products like salmon, which is surprisingly cultivated in Xinjiang, an inland region [12] - The high-quality cold water resources in Xinjiang are ideal for salmon farming, with the peak harvest season occurring from July to September [14] - Advanced processing and packaging equipment is used to prepare salmon, followed by rapid freezing in a liquid nitrogen facility to maintain quality [16] Group 5: Quality Assurance in Cold Chain - After processing, salmon undergoes a series of quality checks and is transported using specialized cold chain vehicles equipped with monitoring systems to ensure temperature control [18] - Continuous upgrades in cold chain technology are expanding the market for Xinjiang's high-quality salmon, making it a popular choice among consumers [20]

Group 1 - The article highlights the successful harvest of lychee in Guangdong, with farmers benefiting from cold chain logistics that allow for longer preservation and transportation of the fruit [1] - A cold chain logistics park is under construction in Leizhou, supported by financing from the China Development Bank, aimed at enhancing the distribution of local agricultural products [1][2] - The first phase of the cold chain logistics park will cover an area of nearly 120,000 square meters, featuring various temperature-controlled facilities to meet the preservation needs of different food categories [1][2] Group 2 - Since the fourth quarter of last year, the China Development Bank's Guangdong branch has issued 200 million yuan in loans to support the cold chain project, which is expected to boost local industries and facilitate the national market access for agricultural products [2] - The logistics sector is crucial for connecting production and consumption, with the bank focusing on reducing logistics costs and promoting high-quality development in modern logistics [2][8] - In the first half of this year, the bank issued 12 billion yuan in loans for logistics infrastructure, marking a 67% increase year-on-year [2] Group 3 - The China (Meishan) International Cold Chain Supply Chain Project in Ningbo is being developed to enhance cold chain logistics capabilities, featuring modern warehouses with temperature ranges from -60°C to 20°C [3][4] - The project aims to provide comprehensive services including cold storage, customs inspection, and supply chain digital monitoring, with the first phase already operational [4] - The project is expected to facilitate the import of high-quality fresh produce into the domestic market, significantly improving inspection efficiency [4] Group 4 - The Huaihua International Land Port is emerging as a new trade channel for foreign trade, with over 2,000 trains dispatched since May, enhancing logistics efficiency for inland regions [5] - The China Development Bank is providing financing support for the construction of a multi-modal transport center and related infrastructure upgrades at the land port [5][6] - The ongoing projects are set to improve the hub's capacity and support the establishment of a national cold chain logistics base [6] Group 5 - The Tianjin South Port Hazardous Chemicals Smart Logistics Service Center has been completed, addressing previous challenges in hazardous materials transport and providing comprehensive services for drivers [7] - The project received 130 million yuan in loans from the China Development Bank, aimed at enhancing the logistics capabilities for hazardous materials in the Beijing-Tianjin-Hebei region [7] - The center is expected to improve the supply chain service capabilities for chemical products in the region [7][8]

Group 1 - Yuhu Cold Chain, a leading player in cold chain logistics and food supply chain in China, showcased its projects at the 3rd Tianjin International Shipping Industry Expo, attracting over 8,000 professional visitors [2] - The expo theme "Connecting the World, Shaping the Future" featured over 400 industry leaders discussing cold chain industry upgrades, with Yuhu Cold Chain receiving more than 2,000 visitors on the first day [2] - Yuhu Cold Chain has made significant investments in cold chain infrastructure, totaling nearly 30 billion yuan, covering key consumer markets with a total building area of over 2.6 million square meters and a storage capacity of 150,000 tons [4] Group 2 - The Yuhu Cold Chain (Tianjin) Trading Center project, with a total investment of 5 billion yuan, has officially commenced construction and will serve as a hub for cold chain food distribution in North, Northwest, and Northeast China [6] - Tianjin has been actively developing its cold chain industry, positioning itself as the "city refrigerator" of the Beijing-Tianjin-Hebei region, with Yuhu Cold Chain's project being the first in Northern China [6] - Yuhu Cold Chain integrates international experience with local needs in its investment planning, promoting cross-regional resource circulation through cold chain supply chains [4]

Core Insights - The development of cold chain logistics in China is being redefined by new infrastructure initiatives, particularly by Shenzhen International, which is a leading logistics operator in the Guangdong-Hong Kong-Macao Greater Bay Area [1] - Shenzhen International is aligning its strategies with national logistics planning, focusing on building a robust cold chain infrastructure through new constructions, acquisitions, and operational improvements [1] Group 1: Infrastructure Development - Shenzhen International has implemented a "water-land-air-rail + intelligent cold chain" strategy since 2019, investing in multiple cold chain logistics parks in key cities such as Shenzhen, Shanghai, Nanjing, Tianjin, Shijiazhuang, and Chengdu [1] - The cold storage facilities in the Shenzhen Li Guang project cover an area of approximately 50,000 square meters, including a frozen warehouse with 29,261 slots and a refrigerated warehouse with 4,376 slots [3] - The Nanjing Jiangning project features a cold storage area of about 29,000 square meters and a dry warehouse of 3,100 square meters, equipped with over 30,000 pallet positions [5] - The Shijiazhuang Zhengding project has a total construction area exceeding 100,000 square meters, with a pharmaceutical and food cold storage area of about 70,000 square meters [7] Group 2: Operational Strategy - Shenzhen International employs a "self-operated + cooperative" dual-track model to enhance its cold chain operational capabilities [9] - The company has established a cold chain operation team in projects like Shijiazhuang Zhengding and Chengdu Qingbaijiang, while also forming a joint venture with Wanwei Logistics to enhance service offerings [11] Group 3: Technological Integration and ESG - Shenzhen International integrates ESG principles into its operations, responding to national policies on cold chain logistics intelligence [12] - The Shenzhen Li Guang project features a smart management system that allows for precise temperature control within ±0.5°C and real-time monitoring of temperature and humidity [14] - The Nanjing Jiangning project utilizes photovoltaic systems to reduce carbon emissions by over 1,000 tons annually and includes charging stations for new energy vehicles [14] Group 4: Policy Support and Market Opportunities - The national development and reform commission has introduced policies to support cold chain logistics as a key area of focus, with nearly 500 billion yuan allocated for major projects since 2025 [15] - The establishment of national backbone cold chain logistics bases is progressing, with the goal of creating 100 such bases as part of the "14th Five-Year Plan" [16] - Shenzhen International is positioned to seize historical development opportunities in the cold chain logistics sector due to favorable policy support [16]

Core Viewpoint - The Agricultural Development Bank of China has provided a total loan of 1.6 billion yuan to support the construction of a cold chain logistics distribution center in Salt Ting County, which is crucial for enhancing the preservation, storage, and transportation of agricultural products in the region [1][2]. Group 1: Project Overview - The Agricultural Development Bank of China has recently disbursed an additional loan of 100 million yuan for the cold chain logistics project, bringing the total funding to 1.6 billion yuan [1]. - The project aims to address the high transportation loss rate of fresh agricultural products, which can reach up to 25%, by improving cold chain logistics infrastructure [1]. - The local government initiated the cold chain logistics center project to solve the "first kilometer" issue in agricultural product distribution [1]. Group 2: Expected Outcomes - Upon completion, the project is expected to extend the preservation period of agricultural products by over 30%, reduce loss rates to below 15%, and increase the added value of products by over 20% [2]. - The improved cold chain facilities will facilitate seasonal balanced sales of agricultural products, thereby increasing local farmers' income and promoting the standardization, branding, and marketization of agricultural products [2]. - The Agricultural Development Bank of China plans to continue enhancing credit support for the agricultural product circulation sector to further promote cold chain logistics development [2].