Core Insights - Guangxi Fantang Technology Co., Ltd. has launched the upgraded Fantang E-commerce Platform 2.0, enhancing supply chain efficiency in the sugar industry and innovating the domestic sugar circulation system [1][2] - The platform aims to meet diverse customer needs through various purchasing and sales models, contributing to the construction of a unified national sugar market [1] Group 1: Platform Features - The Fantang E-commerce Platform 2.0 includes five online purchasing and sales models: spot listing, spot auction, category price difference, capacity pre-sale, and Fantang basis zone, addressing the diverse needs of industry participants [1][2] - The platform has expanded its product categories from Guangxi white sugar to include Yunnan sugar, Zhanjiang sugar, beet sugar, and various by-products, enhancing its integrated service capabilities [2] Group 2: Supply Chain Management - The new platform addresses long-standing issues in Guangxi white sugar warehousing, such as high circulation risks and unclear rights for social handling and delivery, by offering comprehensive warehousing and financial services [2] - Services include procurement on behalf of clients, deferred settlement, storage and custody of goods, warehouse receipt handling, quality analysis, and financing services, aiming to standardize warehousing management and improve supply chain efficiency [2] Group 3: Market Trends - The domestic sugar market has undergone significant changes, with increased interconnectivity between domestic and international markets, leading to heightened price volatility and greater demands for risk management capabilities [3] - The Fantang E-commerce Platform is positioned as a crucial link between industry participants, continuously innovating its service system to adapt to evolving market demands and enhance industry development [3]