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SHANGHAI, Nov. 10, 2022 /PRNewswire=KYODO JBN/ --

A news report from Xinhuanet:

The Yuntianhua Group, one of China's top 500 enterprises based in Yunnan

province, made its debut at the 5th China International Import Expo(CIIE) on

Nov. 5 in Shanghai. On the basis of last year's achievements, the Yuntianhua

Group further expanded the scale of the transaction, and the on-site contract

amount reached 1.398 billion USD, becoming the largest contracted enterprise of

the Yunnan trading mission to CIIE for five consecutive years.

From 2018 to 2022, the cumulative total signing amount of Yuntianhua Group at

CIIE reached USD 6.3 billion. By building a global supply chain platform,

Yuntianhua better coordinates the domestic and international markets and two

kinds of resources, innovates new international trade modes and models, and

continuously improves the level of opening up to the world. As a result, the

transaction amount at CIIE of Yuntianhua has been expanding rapidly.

Yuntianhua Group has been cultivating in the grain business for several years.

Compared with the fourth Fair, the total amount of agricultural products

imported by Yuntianhua Group signed this year increased by 22%.

For instance, the signing amount between Yuntianhua and Cargill, one of four

major grain merchants worldwide which participated in the CIIE for five

consecutive years, has been increased year by year, from 120 million USD in

2018 to 250 million USD in 2022, archived a growth rate of 108%.

Taking the Fair as a stage, the Yuntianhua Group is presenting the image of a

modern state-owned enterprise with sustainable development to the world. At

this year's Fair, Yuntianhua Group's energy chemical supply chain has continued

to innovate and develop, withstood the impact of epidemics and uncertainties of

the world economy, effectively guaranteed the stable supply of raw materials

for bulk production, and improved the security, stability, and flexibility of

the Group's global supply chain.

Meanwhile, the logistics network of Yuntianhua Group has achieved a

breakthrough. With the opening of a new shipping route from Haiphong port of

Vietnam to China, and the connecting of container rail transportation between

central Asia and Yunnan, the sales radius of commodities of Yuntianhua has been

expanded to Kunming, the hinterland of Yunnan. It also broadens the variety of

raw material procurement and effectively reduces raw material procurement costs.

Source: Xinhuanet

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=433554

   Caption: Signing ceremony of Yunnan Trade Mission at the 5th China International Import

Expo on 5th November 2022 in Shanghai, by Chen Fei