On 1 June, Tianjin Vice Mayor Wang Xiufeng met with Huang Xiangmo, Chairman of Yuhu Group (Hong Kong), and his delegation for in-depth discussions on the construction of the Yuhu Cold Chain (Tianjin) Trading Centre, platform integration, supply chain finance innovation, and cross-border trade upgrading.

▲ Tianjin Vice Mayor Wang Xiufeng (right) in discussion with Huang Xiangmo, Chairman of Yuhu Group

Wang Xiufeng extended a warm welcome to the visiting delegation. He noted that as the largest port for meat imports in northern China, Tianjin saw its port-based frozen goods import volume and value both rank second nationally in 2025, placing the city’s cold chain industry at the national forefront. As a leading enterprise in the cold chain sector, Yuhu Cold Chain directly strengthens the competitiveness of Tianjin Port. Going forward, Tianjin Municipality will prioritise service and support for leading enterprises such as Yuhu Cold Chain, stepping up efforts on customs clearance efficiency, shipping route allocation, road freight, and surrounding road infrastructure to help the company improve end-to-end operational efficiency across all its business lines. On supply chain finance innovation, Wang Xiufeng noted that Tianjin is actively advancing the development of a logistics data platform and deepening its cooperation with China Unidata across port and shipping digitalisation, multimodal transport coordination, and data resource circulation, to build an authoritative and trusted information platform providing third-party data verification for financial institutions and reinforcing their confidence in extending financial support. This platform can be integrated with Yuhu Cold Chain’s existing trading systems to improve financing accessibility for downstream clients. He stressed that the company should continue to communicate its development needs so that government departments can actively coordinate to build a joint support mechanism and jointly optimise government service delivery.

Huang Xiangmo expressed thanks to the Tianjin municipal and Dongli District governments for their long-standing support at both levels, and introduced Yuhu Cold Chain’s national network and its Online-Merge-Offline (OMO) business model. He noted that since launching the Yuhu Cold Chain Greater China Strategy in 2020, the Group has established a presence in core hub cities including Guangzhou, Chengdu, Wuhan, Nanjing, and Tianjin, with 10 digital and intelligent cold chain trading centres now operational or under construction, forming a trading network that is essentially national in coverage. The Tianjin project is the Group’s largest cold chain project to date by investment and land area. Since breaking ground in March last year, it has progressed efficiently and is significantly ahead of the original schedule. As Yuhu Cold Chain’s first digital and intelligent trading centre in the northern region, the Tianjin project will leverage its world-class Class A smart cold chain complex and an integrated online-offline trading model to bring together premium global food ingredient resources and leading domestic channel partners. Through digital and intelligent operations and an end-to-end temperature-controlled, traceable trading fulfilment platform, it will offer clients a comprehensive one-stop service suite — covering domestic and international procurement, cold chain warehousing and distribution solutions, supply chain finance, and cross-border settlement — attracting upstream and downstream industry players to cluster and grow, and helping Tianjin establish itself as a core hub for the northern cold chain food supply chain.

The meeting was attended by Yang Po, Deputy Secretary-General of Tianjin Municipal Government; Wang Zhinan, Director of the Tianjin Municipal Transportation Commission; Liu Tao, Deputy Director of the Tianjin Municipal Development and Reform Commission; Li Jian, Deputy Director of the Tianjin Municipal Bureau of Commerce; Zhou Chunguang, Director of the Tianjin Port and Shipping Affairs Bureau; Jia Di, Party Secretary of Dongli District; as well as Guo Limin, Chairman of Yuhu Cold Chain, and senior executive Wang Jun.