Changsha Mawangdui Agricultural Products Co., Ltd.

Brief Introduction to Changsha Mawangdui Agricultural Products Co., Ltd. Changsha Mawangdui Agricultural Products Co., Ltd. (hereinafter referred to as the Company) is a key leading enterprise in agricultural industrialization, one of the first batch of public welfare demonstration markets in China, one of China's top 100 commodity markets, a designated fresh agricultural product center wholesale market of the Ministry of Agriculture, and a key "Vegetable Basket" project at the provincial, municipal, and county levels. The Company was established in 1999, controlled by Shenzhen Agricultural Products Group Co., Ltd. (holding 50.98%), with Hunan Tongchao Holding Co., Ltd. (holding 39.22%) and Changsha Boda Asset Management Co., Ltd. (holding 9.8%) as minority shareholders. The Company has a registered capital of 200 million yuan and total assets exceeding 1.5 billion yuan. Its main business includes operating wholesale markets for agricultural products such as vegetables and fruits, seafood and aquatic products, meat and poultry eggs, dried goods and grain and oil; construction of agricultural product wholesale markets and development, leasing, and management of logistics distribution centers and supporting properties; agricultural product logistics and distribution services; purchase and sales of agricultural products and food (including internet sales); enterprise management services; supply chain management and services; farmers' market management; agricultural enterprise trusteeship services, etc. The Company adheres to the corporate culture of integrity, frankness, unity, and striving, keeps pace with the times, and pioneers and innovates. With modern management, information technology construction, and membership services, it practices standardization of agricultural product supply chains, promotes industrial chain finance and aggregated payments, realizes the transformation of intelligent trading models in agricultural wholesale markets, greatly improves the efficiency of agricultural product circulation, further enhances the "safety and quality on the tip of the tongue" for the people, and serves as an enabler of technology and value in the agricultural product circulation industry. The Company has successively won honors such as the National Youth Civilization Award, the National Pioneer Worker Award, the Top Ten Markets in the National Agricultural Product Wholesale Market Industry, the Main Channel Market of Agricultural Product Wholesale Markets, and the Star of China's Agricultural Product Supply Chain. The market has received praise from multiple parties in aspects such as ensuring supply and stabilizing prices, price monitoring, and food safety, and has repeatedly been awarded the title of Advanced Unit by ministries, commissions, and bureaus such as the Ministry of Agriculture and Rural Affairs, the Ministry of Commerce, and the National Development and Reform Commission. The Company governs Changsha Huangxing Hai吉星 International Agricultural Products Logistics Park (hereinafter referred to as Changsha Hai吉星), Changsha Mawangdui Seafood and Aquatic Products Wholesale Market (hereinafter referred to as Mawangdui Seafood Market), and Hunan Hai吉星 Supply Chain Co., Ltd. In 2024, the agricultural product trading volume of the two major markets was 7.22 million tons, with a transaction value of 99 billion yuan. Changsha Hai吉星 is built in two phases, covering an area of nearly 900 mu, with a total investment of over 3 billion yuan. Among them, Phase I covers an area of 446 mu, with a building area of more than 180,000 square meters, and a total of 18 building entities. It was completed and put into operation in April 2016, undertaking the overall relocation of the Mawangdui vegetable market, focusing on making primary vegetable wholesale bigger and stronger, and is equipped with trading areas for dried goods, frozen products, grain and oil, meat products, and fruits, as well as an urban distribution center, stall distribution area, business center, and apartment living area. On the basis of improving the full category and full chain of vegetables, Phase I supports the development of comprehensive agricultural product trading, fresh food e-commerce, and comprehensive supporting businesses, and has established the FQT Changsha Sub-center, a third-party food safety testing institution, to comprehensively improve the quality of agricultural products and food safety guarantee. In 2024, the agricultural product trading volume of Changsha Hai吉星 was 6.53 million tons, with a transaction value of 57.1 billion yuan. Among them, the average daily trading volume of vegetables exceeded 10,000 tons, undertaking more than 90% of Changsha City's vegetable supply task and ensuring 80% of the province's vegetable supply. There are more than 300 vegetable categories, with sources covering more than 20 provinces across the country and some Southeast Asian countries. The downstream basically covers the whole province of Hunan and some cities in Hubei, Guangdong and Guangxi, Jiangxi, Guizhou, etc. It has now become the largest vegetable hub center in the country, ranking among the top ten markets in the country in terms of trading volume and transaction value. It is a vegetable distribution center, price formation center, and information release center serving Changsha, regulating the whole province, and radiating across the country, and has become the "weather vane" of vegetable prices in Central and South China.