On February 17th, at the "Nanjing Service Industry Expansion and Opening Up and Ningbo-Hong Kong Economic and Trade Cooperation Exchange Meeting", Yuhu Group (Hong Kong) Investment Holdings Limited (hereinafter referred to as the "Yuhu Group") officially signed a contract with the Nanjing Economic and Technological Development Area (JEDA).It will build the first first-class hub in East China region in Nanjing Jingkai District with a total investment of 5 billion RMB.
Yuhu Group is a leading digital integrated service provider in the cold chain logistics industry linking the whole chain of domestic and foreign trade. In the future, Yuhu Group will lay out 10 first-level hubs and 30 second-level hubs in China, with a cold chain project cluster of more than 2 million square meters, a cold storage capacity of more than 700,000 tons, and a service radiated to a national population of nearly 800 million people. This time, Yuhu Group will build a comprehensive industrial park in Nanjing Jingkai District, including cold chain logistics, whole chain trading, processing services, trade settlement, exhibition and marketing, intelligent park, office support and other sectors.It is expected that after the incubation period of the first phase of the project is over, the average annual trading volume can reach 20 billion yuan, and after the second phase of the project reaches full production, it is expected that the full-load trading volume will reach 40 billion yuan.
It is understood that since the end of September 2024, when the Chairman of the Board of Directors of Yuhu Group was invited for the first time to negotiate in Ningbo, the Nanjing Municipal Bureau of Commerce has taken the lead in setting up a special team to accurately meet the needs of the enterprise, assisting the enterprise in examining and comparing a number of boards and parks, and tailoring the project promotion program around the key aspects of the project site selection, land security, policy support, and industrial synergies. It took only 4 months to complete several rounds of consultation with Nanjing Economic Development Zone and the enterprise and reach the core terms of the investment agreement, which was formally signed on February 17, 2025.
Yuhu Cold Chain's presence in Nanjing will further enhance the competitiveness of Nanjing's cold chain industry. Yuhu Cold Chain highlights the layout of a high-standard, digital cold chain trading center to provide customers with all-chain, all-link integrated services, to build a cold chain food supply chain system with high-quality meat and seafood and other cold chain food distribution as the core business, combining international trade and domestic circulation, and building digital service integration.To build the world's leading integrated modern international cold chain food hub center and city security base integrating frozen food storage, exhibition, trading, auction, processing, distribution, logistics, tourism and strategic reserve.Realize the trade industry, service industry, logistics industry, multi-industry and multi-industry co-prosperity.
After the completion of Yuhu Cold Chain project, it will become a comprehensive trading park of cold chain food for our city, radiating Nanjing metropolitan area and serving East China. Jade Lake Cold Chain landed in Nanjing Jingkai District, and the city's Zongcai, Tianhuan market to form a competitive complementary, supplementing the city's northern region of large-scale cold chain logistics facilities for agricultural products blank, and strengthen the city's northern group of necessities of life emergency warehousing, distribution, and transportation capacity.
This project is an important initiative for the park to promote the transformation of Nanjing Longtan Port Industry-City Integration Demonstration Zone from "channel economy" to "port economy" and from "traffic entrance" to "trade entrance". The project is an important initiative to promote the transformation of Nanjing Longtan Port Industry-City Integration Demonstration Zone from "channel economy" to "port economy", and from "traffic entrance" to "trade entrance", and it is also a major breakthrough for Nanjing Economic Development Zone to earnestly implement the deployment requirements of industry-strengthened city and manufacturing industry-strengthened district, and to promote the Longtan Harbor Industry-City Integration Demonstration Zone to quickly access the international logistics and global trade network.
Next, the two sides will work together to open up the logistics, business, information and capital flows, and build a cross-border cold chain food supply chain system with stable supply and safety traceability.Nanjing Economic Development Zone will give full play to the advantages of the port, and actively develop cross-border e-commerce, bulk commodity trade and other emerging service industries to realize the linked development of manufacturing and service industries.
