市场规模不断扩大，增长势头良好，韧性进一步加强 冷链物流支撑消费升级(经济聚焦) 当前正是海鲜肥美的时节。这些备受消费者青睐的时令美味，通过车间打包、冷库预冷锁鲜、冷藏车运 输等多重冷链物流环节，从产地码头、养殖基地争分夺秒奔赴消费者的餐桌。 高效运行的冷链物流网络保障着消费者对鲜美的追求，其背后离不开冷库和冷藏车等设备的支撑。冷链 物流市场规模扩张，也推动着冷库投资建设增多和冷藏车销量增长。 ——编 者 冷链物流业务总需求稳增 上半年食品冷链物流业务总需求量为1.92亿吨 凌晨4点，渤海湾的风带着凉意。在山东省东营市垦利区永安镇惠泽农业科技有限公司的蟹塘水面上， 头戴探照灯的蟹农正驾船熟练地收笼，青壳白肚、金爪黄毛的黄河口大闸蟹在网笼中挥动钳爪。最快不 到12小时，这些鲜活的大闸蟹将通过现代化冷链物流送达各地。 打包车间里，工人们正按流程对大闸蟹进行分拣。"为确保新鲜度，我们新建了一站式冷链物流配送 仓。发货前，会将大闸蟹送入冷藏库进行6至8小时的预冷处理。"惠泽农业科技有限公司总经理王英泽 介绍，预冷处理能最大程度锁鲜，降低运输损耗。 在该公司的冷链物流配送仓，中国邮政、顺丰、京东等企业的快递车辆进出频繁 ...

当前正是海鲜肥美的时节。这些备受消费者青睐的时令美味，通过车间打包、冷库预冷锁鲜、冷藏车运 输等多重冷链物流环节，从产地码头、养殖基地争分夺秒奔赴消费者的餐桌。 高效运行的冷链物流网络保障着消费者对鲜美的追求，其背后离不开冷库和冷藏车等设备的支撑。冷链 物流市场规模扩张，也推动着冷库投资建设增多和冷藏车销量增长。 冷链物流业务总需求稳增 上半年食品冷链物流业务总需求量为1.92亿吨 凌晨4点，渤海湾的风带着凉意。在山东省东营市垦利区永安镇惠泽农业科技有限公司的蟹塘水面上， 头戴探照灯的蟹农正驾船熟练地收笼，青壳白肚、金爪黄毛的黄河口大闸蟹在网笼中挥动钳爪。最快不 到12小时，这些鲜活的大闸蟹将通过现代化冷链物流送达各地。 打包车间里，工人们正按流程对大闸蟹进行分拣。"为确保新鲜度，我们新建了一站式冷链物流配送 仓。发货前，会将大闸蟹送入冷藏库进行6至8小时的预冷处理。"惠泽农业科技有限公司总经理王英泽 介绍，预冷处理能最大程度锁鲜，降低运输损耗。 在该公司的冷链物流配送仓，中国邮政、顺丰、京东等企业的快递车辆进出频繁。"在销售旺季，大闸 蟹单日发货量最高可达近2万单，重量4万至5万斤。"王英泽说。 冷链运输车 ...

Core Insights - The "X Chain Plan" initiated by Shunxin Hui has made significant progress with the delivery of 100 new energy refrigerated trucks developed in collaboration with JAC Motors and CATL [1][4] - The new trucks are equipped with CATL's latest Tianxing batteries, offering high capacity and long range, reducing energy consumption by approximately 50% compared to traditional fuel-powered refrigerated trucks, and are expected to achieve a carbon reduction of about 3,000 tons annually [1][4] Group 1: Project Overview - The "X Chain Plan" aims to connect various ecosystem partners including vehicle manufacturers, energy service providers, financial service providers, and carriers to accelerate the electrification of cold chain logistics [4] - The delivery of these vehicles marks the first systematic implementation of the plan, showcasing collaborative achievements in technology, products, and operations among ecosystem partners [4] Group 2: Vehicle Specifications and Benefits - The new refrigerated trucks are based on JAC's Shunling ES6 and ES9 light trucks, featuring CATL's 120kWh and 140kWh batteries, with ranges of 300 km and 350 km respectively, addressing drivers' range anxiety [7] - The vehicles are designed with dual evaporator configurations for independent temperature control across multiple zones, effectively managing temperature fluctuations in food delivery [7] - They support fast charging capabilities, allowing for an 18-minute charge from 20% to 80%, enhancing operational efficiency [7] Group 3: Collaborative Efforts and Support - JAC Motors provides superior warranty and after-sales services, including 24/7 online support and rapid response times, along with professional training for drivers to improve fleet management [7][8] - CATL emphasizes the importance of energy transition and aims to overcome technical challenges in the cold chain sector through continuous innovation and collaboration [8] Group 4: Future Developments and Sustainability Goals - The "X Chain Plan" is focused on integrating resources such as vehicles, electricity, networks, services, and insurance to create a comprehensive solution for cold chain logistics [11] - The recent delivery of 100 trucks signifies a breakthrough in applying new energy refrigerated vehicles from urban to intercity logistics, marking a key phase in the collaborative ecosystem for achieving "zero-carbon cold chain" [11]

Core Insights - The cold chain logistics industry in China has shown steady growth in the first half of the year, driven by effective consumption-boosting policies and increasing demand [1] - Total demand for food cold chain logistics reached 192 million tons, a year-on-year increase of 4.35%, while total revenue for cold chain logistics service companies was 279.94 billion yuan, up 3.84% [1] - The industry is characterized by stable demand, expanding scale, and structural adjustments, particularly with the rise in fresh agricultural products during the consumption peak [1] Market Dynamics - The rapid development of fresh e-commerce and chain restaurants has led to strong demand for urban delivery, resulting in a significant increase in the sales of light refrigerated vehicles [1] - The sales of refrigerated vehicles reached 29,474 units, marking an 18.19% year-on-year growth, with new energy refrigerated vehicle sales soaring by 119.61% to 10,548 units [1] - The penetration rate of new energy refrigerated vehicles reached 35.8%, an increase of 16.5 percentage points year-on-year, supported by government subsidies and relaxed road access policies [1] Cost Efficiency - New energy refrigerated vehicles have an average cost that is 5% to 10% lower than traditional fuel vehicles, contributing to their growing adoption in the market [1]

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 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]

Core Insights - The cold chain logistics industry in China is experiencing steady growth, driven by effective consumption-boosting policies and increasing demand for food cold chain logistics services [1][2] - In the first half of the year, the total demand for food cold chain logistics reached 192 million tons, a year-on-year increase of 4.35%, while total revenue for food cold chain logistics service companies was 279.94 billion yuan, up 3.84% [1] - The rise in demand is particularly notable in the context of high temperatures, which has accelerated the turnover of refrigerated goods and maintained strong consumption of fresh agricultural products [1][2] Industry Trends - The demand for urban delivery is robust, fueled by the rapid development of fresh e-commerce and chain restaurants, leading to a significant increase in the sales of light refrigerated vehicles [2] - In the first half of the year, refrigerated vehicle sales reached 29,474 units, marking an 18.19% year-on-year growth, with sales of new energy refrigerated vehicles soaring by 119.61% to 10,548 units [2] - The penetration rate of new energy refrigerated vehicles reached 35.8%, an increase of 16.5 percentage points year-on-year, supported by government subsidies and relaxed road access policies [2] Future Outlook - The development of cold chain logistics is expected to be driven by the rise of new energy refrigerated vehicles, which align with green logistics principles and contribute to carbon emission reduction [3] - Continuous market demand growth is anticipated to push cold chain logistics towards greater intelligence and precision, integrating technologies such as big data and the Internet of Things for real-time monitoring of vehicle location and temperature [3] - The expansion of fresh e-commerce and cross-border cold chain services is likely to further enlarge the cold chain logistics market, enhancing service quality and efficiency for consumers [3]

Group 1: Satellite Launches - China successfully launched the experimental satellite Tianyan 28 B02 using the Long March 4B rocket on August 17, 2023, for space environment detection and related technology tests [1] - On the same day, China launched the low Earth orbit satellite internet group 09 using the Long March 6 modified rocket, which also successfully entered its designated orbit [2] Group 2: Aviation Industry - The second aircraft of the AG600 amphibious plane, developed independently by China, successfully completed its first production test flight, indicating it meets design requirements and is ready for delivery [5] Group 3: Cold Chain Logistics - In the first half of 2023, China's total demand for food cold chain logistics reached 192 million tons, a year-on-year increase of 4.35%, with total revenue for cold chain service enterprises amounting to 279.94 billion yuan, up 3.84% [6] - The sales of new energy refrigerated trucks surged by 119.61% year-on-year, contributing to the overall growth of refrigerated truck sales, which reached 29,474 units, a growth of 18.19% [9] Group 4: Transportation Milestones - The Harbin-Qiqihar high-speed railway celebrated its 10th anniversary, having safely operated 81.89 million kilometers and transported over 100 million passengers [10] - The new passenger inspection area at the Hengqin Port marked its fifth anniversary, with over 75.64 million passengers and more than 8.95 million vehicles processed, reflecting annual growth rates of 55.6% and 43.3% respectively [13] - The "Little Three Links" passenger route between Xiamen and Kinmen achieved a record high of 7,000 passengers in a single day since resuming operations in 2023, driven by increased tourism demand [14]

Core Insights - The cold chain logistics industry in China is experiencing steady growth in demand and market expansion, driven by effective consumption-boosting policies [1][2] Group 1: Market Demand and Growth - In the first half of the year, the total demand for food cold chain logistics reached 192 million tons, a year-on-year increase of 4.35% [2] - The total revenue of food cold chain logistics service companies was 279.94 billion yuan, reflecting a year-on-year growth of 3.84% [2] - The overall trend in the cold chain logistics sector is characterized by stable demand, scale expansion, and structural adjustment, particularly with the peak season for fresh agricultural products [2] Group 2: Cold Storage Investment and Capacity - Investment in cold storage projects increased by 7.67% year-on-year, amounting to 22.306 billion yuan in the first half of the year [3][4] - As of the end of June, the total capacity of cold storage reached 26 million cubic meters, marking a year-on-year increase of 6.12% [4] - The cold storage rental market shows significant regional concentration, with East, Central, and South China accounting for nearly 80% of the national rental market share [4] Group 3: Cold Chain Transportation - The sales of refrigerated trucks reached 29,474 units in the first half of the year, representing an 18.19% year-on-year increase [6] - Sales of new energy refrigerated trucks surged by 119.61% year-on-year, with a penetration rate of 35.8%, up 16.5 percentage points [6][7] - The implementation of purchase subsidies for new energy refrigerated trucks has significantly stimulated market demand, with orders doubling compared to the previous year [6][7] Group 4: Technological Advancements - Companies are enhancing cold chain logistics by expanding cold storage facilities and integrating information technology for better management of the entire cold chain process [1] - Real-time monitoring of refrigerated truck conditions, including location, speed, and temperature, is being implemented to ensure compliance with cold chain standards [1]