Company Overview - Shenzhen Agricultural Products Group Co., Ltd. was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, operating 35 physical agricultural product logistics parks across over 20 major cities in China [1] - The company has an average annual trading volume of over 33 million tons and an average annual trading value exceeding CNY 250 billion in the past three years [1] Business Scope - The company covers the entire agricultural product circulation industry chain, including standardized base planting, cold chain processing, wholesale market construction and operation, urban ingredient distribution, brand development, and import-export trade [1][2] - Focus on creating large-scale, standardized, digital, and order-based planting bases guided by market demand [2] Strategic Goals - The company aims to build a modern agricultural product circulation ecosystem that integrates resources from the base to the consumer end, enhancing service capabilities across the entire supply chain [2] Digital Transformation - The company is promoting digital transformation through the development of a payment transaction system to improve market operation efficiency and merchant transaction efficiency [2] Market Development - The company is actively expanding its urban ingredient distribution business, covering hospitals, schools, and large enterprises, with 21 branches established in major cities [5] - The company is also exploring import opportunities for high-quality agricultural products from countries like Malaysia and Venezuela [2] Competitive Advantages - The company has extensive experience in operating agricultural product wholesale markets and a strong management team, allowing it to provide comprehensive one-stop services across the supply chain [4][5] - The company is leveraging its established market network to enhance operational efficiency and market vitality through strategic partnerships and resource integration [6] Project Development - Ongoing projects include the Southwest Haijixing Smart Industrial Park in Chengdu (553.23 acres), Shanghai Haijixing Huinan Project (437.99 acres), and the Guangdong-Hong Kong-Macao Greater Bay Area Food Import and Export Center [5] - The construction period for agricultural wholesale markets typically ranges from 1 to 3 years, depending on project scale and complexity [5] Loss Mitigation Strategies - The company is implementing differentiated operational improvement plans for underperforming markets, focusing on enhancing efficiency and reducing losses [6]