SZAP(SZ:000061)2025-11-04 11:24Company Overview - Shenzhen Agricultural Products Group Co., Ltd. was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, forming a large-scale wholesale market network across over 20 major cities in China [1] - The company operates 35 physical agricultural product logistics parks, with an average annual trading volume exceeding 33 million tons and an average annual transaction value exceeding 250 billion yuan [1] Business Operations - The company focuses on the entire agricultural product supply chain, including standardized base planting, cold chain processing, wholesale market construction, urban ingredient distribution, brand development, and import-export services [1] - It has established partnerships with approximately 440,000 acres of planting bases across multiple provinces, including Guangdong, Guangxi, and Sichuan [3] Strategic Initiatives - The company aims to create a modern agricultural product circulation ecosystem, emphasizing digital transformation and efficient collaboration across the supply chain [2] - It is actively developing high-quality planting bases guided by market demand, promoting product safety and quality through multiple testing standards [2] Revenue Structure - The revenue structure of the wholesale market management business includes rent, commissions, management fees, and parking fees, with pricing influenced by local economic conditions and market competition [2] Digital Transformation - The company is enhancing its digital operations through big data, IoT, and cloud computing, including the implementation of a unified payment system and various management systems to improve operational efficiency [4] - A price collection and publication platform has been launched to provide merchants with price dynamics and enhance industry transparency [4] Market Positioning - The company positions its wholesale markets as key sales hubs, considering factors such as strategic planning, logistics, urban development, and investment returns in its market investments [2] - It is exploring new retail formats that complement the wholesale market, enhancing supply chain efficiency and service capabilities [3]