Strategic Cooperation Agreement between Reitar and COFCO Group’s Hua Shan International Engineering
- February 6, 2024
On Last Monday (1/29), Reitar Logtech Group and Hua Shan International Engineering Co., Ltd (COFCO Hua Shan), a subsidiary of COFCO Group, signed a strategic cooperation agreement.
Reitar brings extensive knowledge in logistics operations and supply chain management, while COFCO Hua Shan specializes in refrigeration equipment sales and inspection. In this collaboration, both companies will fully leverage their strengths to develop and construct intelligent cold chain logistics projects jointly.
Benefiting from COFCO Hua Shan’s expertise in refrigeration equipment, Reitar’s smart logistics ecosystem will be further enhanced in terms of technology and operational efficiency.
The group is committed to driving end-to-end asset management through intelligent technology and innovative applications. This collaboration with COFCO Hua Shan will bring the group additional resources and cooperation opportunities, further enhancing its core competitiveness and market position.
Other News
- All Post
- Greater Bay Alliance
The long-awaited Shenzhen-Zhongshan Bridge has finally passed its completion inspection on June 16th. This infrastructure marvel, comprising an underwater tunnel through the Pearl Riverbed and a cross-sea highway bridge, will connect the two cities and slash their travel time to just 30 minutes.
The 15th LET - a CeMAT Asia Event was officially unveiled recently, held for three consecutive days (May 29-31) at the Guangzhou China Import & Export Fair Complex.
Asset partners comprise capital investors and real estate providers with financial resources and physical logistics properties such as warehouses, logistics centers, and distribution centers. Both parties are driven by achieving long-term stable returns and asset appreciation, but they may need more experience in operating logistics assets.
With the increasing demand for online shopping, the logistics industry faces significant challenges and opportunities. To meet the growing needs, logistics operators must invest substantial funds in acquiring new logistics equipment, such as automation, intelligence, and digitization, to enhance operational efficiency and service levels. However, such investments can be a significant burden for many logistics operators.