Special Report on Finding New Third-Board Selected Layers (24)-Yihe Agricultural Products (430225): Cross-border e-commerce leader in fresh fruits and vegetables covered by the whole agricultural product chain
1. A cross-border e-commerce leader in fruits and vegetables to build a cross-border fresh trade service platform.
The company’s main business is the domestic bulk agricultural product chain operation and fresh food cross-border trade and supply chain services. It is committed to allowing Chinese consumers to obtain high-quality, safe, delicious fruit and meat products, seafood and other products at home and abroad.
Revenue and profit in 2018 ranked first in the NEEQ fruit and vegetable processing industry.
2. The market scale of the fresh food industry has steadily expanded and consumption has been upgraded. Foreign trade policies have benefited the company’s fresh food cross-border trade.
According to customs statistics, the size of the imported fresh food market in 2018 reached 31.1 billion U.S. dollars, an annual increase of 28.
According to research analysis, in the future, nearly 30% -40% of fresh food and packaged food in supermarkets in developing countries will be replaced by imported food, and the consumption of imported food will become increasingly popular.
In terms of foreign trade policies, the State Council has repeatedly lowered import tariffs and substitutions.
北京夜生活网 3. The first-mover advantage is obvious, and the qualifications are complete to meet the diversified needs.
In terms of cross-border trade services of imported fruits and other fresh foods, the company has obvious first-mover advantages, which are mainly reflected as follows: 1) The company is currently the only company in Shanghai free trade zone that has obtained imported fruits, meat, aquatic products and food.Full-category record-keeping cold storage, allowing companies to import fresh whole-category businesses in compulsory free trade zones; 2) The company is a minority of free trade zones that have filed through importers of imported meat products, connected to the meat food replacement system, and obtained relevant food business licenses, The company is permitted to engage in the import, sale and circulation of meat products; 3) The company is the first batch of enterprises to obtain the classification and supervision qualification of goods status in special supervision areas, which can meet the diversified needs of platform customers.
Risk reminders: management risks brought by the expansion of the company’s scale; agricultural product procurement risks caused by major natural disasters; cash flow risks;