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On February 17, at the Nanjing Service Industry Expansion and Opening-up of Ninggang Economic and Trade Cooperation Exchange Conference on “Ningju Xiangjiang to Create a Future” and “Ninghu Group” Economic and Trade Cooperation Exchange Conference, Yuhu Group (Hong Kong) Investment Holdings Co., Ltd. (hereinafter referred to as “Yuhu Group”) and Nanjing Economic The opening area has been officially signed and will build the first first-level hub in the East China region in Nanjing Economic and Technological Development Zone with a total investment of 5 billion yuan.
Yuhu Group is the leader in the digital comprehensive service industry that connects the entire domestic and foreign trade chain of the cold chain logistics industry. In the future, it will deploy 10 first-level hubs and 30 second-level hubs in China, with a cold chain project group of more than 2 million square meters and a cold storage capacity. It has over 700,000 tons, serving nearly 800 million people across the country.This time, Yuhu Group will build a comprehensive industrial park in Nanjing Economic and Technological Development Zone including cold chain logistics, full-chain transactions, processing services, trade settlement, display and sales, smart parks, office supporting facilities and other sectors. It is expected that the annual average transaction volume of the first phase project will reach 20 billion yuan after the end of the incubation period of the first phase project. After the second phase project reaches full production, the full transaction volume is expected to reach 40 billion yuan.
It is understood that since the Chairman of the Board of Directors of Yuhu Group and his delegation were invited to Ningxia for the first time at the end of September 2024, the Nanjing Municipal Bureau of Commerce took the lead in setting up a special team to accurately match the needs of enterprises, assist enterprises in inspecting and selecting multiple parks, and selecting sites around the project , land use guarantee, policy support, industrial coordination and other key links, tailor-made project promotion plans. In just 4 months, we completed multiple rounds of negotiations with enterprises with Nanjing Economic and Technological Development Zone and reached the core terms of the investment agreement, and officially signed the contract on February 17, 2025.
Yuhu Cold Chain’s entry into Nanjing will further improve the competitiveness of Nanjing’s cold chain industry. Yuhu Cold Chain highlights the layout of high-standard, digital and intelligent cold chain trading centers, providing customers with full-chain and full-chain comprehensive services, creating cold chain food circulation such as high-quality meat and seafood as its core business, international trade and domestic Combining circulation and building a cold chain food supply chain system integrating digital services, and building a world-leading comprehensive modern international cold chain integrating frozen food storage, display, trading, auction, processing, distribution, logistics, tourism and strategic reserves Food hub center and urban security base can achieve the development of multiple industries in the trade, service and logistics industries, and the prosperity of multiple industries.
After the Yuhu Cold Chain Project is completed, it will become a cold chain food comprehensive trading park facing our city, radiating to the Nanjing metropolitan area, and serving East China. Yuhu cold chain is located in Nanjing Economic and Technological Development Zone , forming a competitive complement to the city’s Zhongcai and Tianhuan markets, supplementing the gap in large-scale agricultural product cold chain logistics facilities in the northern part of our city, and strengthening the emergency storage and allocation of daily necessities in the northern part of our city. , transportation capacity.
This project is an important measure for the park to promote the transformation of Nanjing Longtan Port Industry-City Integration Demonstration Zone from “channel economy” to “port economy” and from “flow entrance” to “trade entrance”. It is also an important measure for Nanjing Economic Development Zone to earnestly implement the industrial-strong city , the deployment requirements for the manufacturing industry-strong zone will be made, and a major breakthrough will be made in promoting the rapid access of Longtan Port-industry-city integration demonstration zone to international logistics and global trade networks.
In the next step, the two parties will work together to connect logistics, business flow, information flow and capital flow to build a cross-border cold chain food supply chain system with stable supply, safe and traceable supply. Nanjing Economic and Technological Development Zone will give full play to its port advantages, actively develop emerging service formats such as cross-border e-commerce and commodity trade, and realize the coordinated development of manufacturing and service industries.
