An agreement with Cold Chain Rubik's Cube and YunnanXincongyu Ecological - Group News

Apaccold signed a strategic cooperation agreement with Cold Chain Rubik's Cube (Shanghai) Technology Co., Ltd. and Yunnan Xincongyu Ecological Agriculture TechnologyCo., Ltd to build an agro-ecological intelligent cold chain logistics cold chain storage cold chain equipment system

On January 7, 2022, ApacCold (Shenzhen) International Supply Chain Co., Ltd.(hereinafter referred to as "ApacCold International") together with Cold Chain Cube (Shanghai) Technology Co., Ltd. (hereinafter referred to as "Cold Chain Cube Technology"),and Yunnan Xincongyu Ecological Agriculture Technology Co., Ltd. (hereinafter referred to as "Xincongyu Ecological Agriculture") signed a three-party consortium strategic cooperation agreement on the fourth floor of the ApacCold Xuzhou Business Center, and the three parties will actively respond to the relevant policies of the Ministry of Agriculture and Rural Affairs, the National Development and Reform Commission and the Ministry of Transport. Focus on the application of new facilities and equipment for cold chain logistics, reduce the loss of agricultural products in all aspects of seeding, harvesting, storage, transportation and marketing, and form a long-term cooperation mechanism.

Mr.Dickson, President of ApacCold International, Qiu Huifeng, Managing Director of Cold Chain Cube Technology, and Yang Yuanwen, Executive Director of Xincongyu Ecological Agriculture, attended the signing ceremony.

The signing of the strategic cooperation agreement of the above three-party consortium shows that cold chain Rubik's Cube Technology has laid a solid foundation for the application scenarios of cold storage equipment relying on yunnan Xincongyu ecological agricultural products advantage production area, important distribution center and main sales area, and realized strong and strong cooperation and deep integration.

Mr.Dickson, President of ApacCold International, expressed full confidence in this cooperation and said that the three parties signed an agreement to form in-depth synergy in the business fields of the three parties through the establishment and development of long-term strategic partnerships, give full play to the benefits of scientific research technology and industry market fit, complement each other's advantages, and create greater commercial value and produce a wide range of social effects.

Yang Yuanwen, executive director of Xincongyu Ecological Agriculture, pointed out in his speech that the tripartite cooperation will implement the project supporting work plan with high quality, ensure the comprehensive promotion of the project, and the three parties will work together and share resources, continue to consolidate the foundation of cooperation, and make unremitting efforts to build a symbiotic, shared and win-win ecological industry chain.

On December 12, 2021, the General Office of the State Council issued the "14th Five-Year Plan for The Development of Cold Chain Logistics", marking the landing of the top-level design of the "14th Five-Year Plan" Cold Chain Logistics Development Plan. At the same time, it is announced that the development of the cold chain logistics industry has officially entered the fast lane, which is expected to open up a trillion yuan market space. The friendly cooperation between the three parties will always adhere to the principle of mutual benefit and win-win results, and work together to create an agro-ecological intelligent cold chain logistics cold chain equipment system.

Cold Chain Cube (Shanghai) Technology Co., Ltd. is a subsidiary of CRRC City Transportation Co., Ltd., a technology-based company focusing on the research and development, production, sales and operation of new types of cold storage containers. With CRRC technology, brand and resources as the link, through resource sharing, opportunity sharing, benefit sharing, with innovative business models to provide customers with green and intelligent overall solutions. The company is positioned in the research and development of cold chain equipment, sales and provides industry-oriented application services for the market, and based on core products and key technologies, the use of digital, intelligent, Internet of Things big data new technology integration, the establishment of platform capabilities, the formation of one-stop supply chain solution service capabilities. At the same time, it will build and operate the CRRC Advanced Cold Chain Equipment Research and Innovation Center to promote industrial upgrading.

Yunnan Xincongyu Ecological Agriculture Technology Co., Ltd. is a subsidiary of Jinchang Jincongyu Agricultural Technology Co., Ltd. of Dunhuang Seed Industry Group in Gansu Province, (hereinafter referred to as "Jincongyu Company") was established in 2019. Gansu Dunhuang Seed Industry Group Jinchang Jincongyu Agricultural Technology Co., Ltd. registered capital of 50 million yuan. In 2019, it became a holding subsidiary of Gansu Dunhuang Seed Industry Group Co., Ltd., a domestic A-share listed company. Jin Congyu Company is a modern agricultural enterprise integrating "green planting, processing and packaging, cold chain storage and transportation, sales and trade".

ApacCold (Shenzhen) International Supply Chain Co., Ltd. is headquartered in Hong Kong, China. It mainly focuses on multi-stratospheric supply chain related businesses, including asset management, investment consulting, operation management, strategic mergers and acquisitions and other service businesses. Using the most advanced cold chain technology, ApacCold focuses on providing customers with a full range of temperature controlled warehousing and cold chain transportation network services, and its business covers the entire Asia-Pacific region.