China Cold Chain Logistics Industry Report, 2014-2017 Jan. 2015 STUDY GOAL AND OBJECTIVES METHODOLOGY This report provides the industry executives with strategically significant Both primary and secondary research methodologies were used competitor information, analysis, insight and projection on the in preparing this study. Initially, a comprehensive and exhaustive competitive pattern and key companies in the industry, crucial to the search of the literature on this industry was conducted. These development and implementation of effective business, marketing and sources included related books and journals, trade literature, R&D programs. marketing literature, other product/promotional literature, annual reports, security analyst reports, and other publications. REPORT OBJECTIVES Subsequently, telephone interviews or email correspondence To T establish t bli h a comprehensive, h i ffactual, t l annually ll updated d t d and d costt was conducted with marketing executives etc. Other sources effective information base on market size, competition patterns, included related magazines, academics, and consulting market segments, goals and strategies of the leading players in the companies. market, reviews and forecasts. To assist potential market entrants in evaluating prospective acquisition and joint venture candidates. To complement the organizations’ internal competitor information INFORMATION SOURCES The primary information sources include Company Reports, and National Bureau of Statistics of China etc. gathering efforts with strategic analysis, data interpretation and insight. To suggest for concerned investors in line with the current development of this industry as well as the development tendency. tendency To help company to succeed in a competitive market, and Copyright 2012 ResearchInChina understand the size and growth rate of any opportunity. Room 502, Block 3, Tower C, Changyuan Tiandi Building, No. 18, Suzhou Street, Haidian District, Beijing, China 100080 Phone: +86 10 82600828 ● Fax: +86 10 82601570 ● www.researchinchina.com ● report@researchinchina.com Abstract Since Cold Chain Logistics Development Plan of Agricultural Products was introduced in 2010, China cold chain logistics industry has entered an unprecedented rapid development stage. In October 2014, the State Council issued Medium and Long Long-term term Development Plan of Logistics Industry (2014-2020) to boost the cold chain logistics industry toward large scale, standardization and modernization. China cold chain logistics industry is divided into two sectors: refrigeration and transportation. In the refrigeration field, Refrigerator Branch of China Warehousing Association released that China’s cold storage capacity increased by 9.68% year on year to 83.45 million cubic meters in 2013, fulfilling the goals stipulated by Cold Chain Logistics Development Plan of Agricultural Products ahead of schedule. In 2014, China’s cold storage building developed steadily with the cold storage capacity of 88.42 million cubic meters. In the competitive cold chain logistics industry, cold chain distribution and storage g centers p provide refrigeration g services for local agricultural g markets; cold chain enterprises build cold storage according to their market layout, for example, Yurun will set up 15 agricultural product cold chain parks in 2015 in accordance with its "333" plan; the professional cold storage operator Swire intends to accomplish 13 large modern cold storage facilities so as to create a nationwide cold chain network by the end of 2020. Source: China Cold Chain Logistics Industry Report Report, 2014-2017 2014 2017, ResearchInChina Copyright 2012ResearchInChina Room 502, Block 3, Tower C, Changyuan Tiandi Building, No. 18, Suzhou Street, Haidian District, Beijing, China 100080 Phone: +86 10 82600828 ● Fax: +86 10 82601570 ● www.researchinchina.com ● report@researchinchina.com As for cold chain transport, the issuance of "Twelfth Five-Year" Cold Chain Plan promoted the size of Chinese refrigerated truck market substantially. China’s output of refrigerated and insulated vehicles jumped 13.8% year on year to 7,063 in 2012 and soared 88.5% year on year to 13,315 in 2013. The growth was attributed to two reasons. First, the cold chain distribution scale expanded constantly, some areas even adopted compulsory cold chain distribution measures. Second, China upgraded emissions standards (from the national emissions standards Ⅲ to the national emissions standards Ⅳ) for heavy-duty trucks, so manufacturers raised the number of registered certificates for the vehicle models complying with the national emissions standards Ⅲ in advance to reduce production costs. 47 qualified companies have participated in the competition for refrigerated trucks. Among the top players including CIMC (Shandong), Zhengzhou Hongyu, Henan Bingxiong, Henan Frestec, Zhenjiang Speed Auto and KF Mobile, CIMC (Shandong) occupies the Shandong market, and seizes market share in Guangdong, Zhejiang, Hubei and other places; Henan Bingxiong performs outstandingly in Northeast China, Shanxi and Inner Mongolia; Zhenjiang Speed Auto and KF Mobile focus on East China and dominate the East refrigerated truck market. Zhengzhou Hongyu not only takes a favorable position via giants such as Shuanghui, Yurun, Topin, Sanquan and Synear in Henan, but also makes some achievements in Beijing, Hebei, Ningxia, Jiangsu and other markets. The report mainly covers the following aspects: Overview of China cold chain logistics industry, including definition, classification, industry chain, policies, regulations and future development trends; Cold chain logistics modes and demand in meat, fruits & vegetables, frozen rice & flour, frozen seafood, dairy products, pharmaceuticals and other fields in China; Market size, competitive landscape and development of major market segments, such as cold storage and refrigerated trucks; Profile, financial status, output, sales volume, major customers, flagship products, R & D, distribution of production bases and technical characteristics of major cold storage builders (embracing Dalian Refrigeration and Moon Group), 10 cold storage operators (Topin, Shandong Gaishi, Wuhan Wandun, Shenyang Nonstaples, Hunan Red Star, etc.), 10 refrigerated truck manufacturers (Beiqi Foton, Henan Bingxiong, CIMC, Henan Frestec, Zhengzhou Hongyu, etc.), as well as 12 cold chain logistics operators (Shanghai Haibo, Shanghai Jin Jiang International Industrial Investment, China Railway Tielong Container Logistics, CMAC, Guangdong Swire Cold Chain Logistics, Beijing Huarifeitian, etc.). Copyright 2012ResearchInChina Room 502, Block 3, Tower C, Changyuan Tiandi Building, No. 18, Suzhou Street, Haidian District, Beijing, China 100080 Phone: +86 10 82600828 ● Fax: +86 10 82601570 ● www.researchinchina.com ● report@researchinchina.com Table of contents 1. Introduction to Cold Chain Logistics Industry in China 1.1 Definition 1.2 Features 2. Development of Cold Chain Logistics Industry in China 2.1 Policy Environment 2.2 Development Overview 2.3 Third-party Cold Chain Logistics 2.3.1 Enterprises 2 3 2 Features 2.3.2 2.3.3 Policy Support 3. Development of Cold Chain Logistics in China by Region 3 1 Overview of Cold Chain Logistics in 3.1 Yangtze River Delta 3.1.1 Economic Performance 3.1.2 New Policy of the District 3.1.3 Status Quo and Demand of Cold Chain Logistics 3.2 Overview of Cold Chain Logistics in Pearl River Delta 3.2.1 Economic Performance 3.2.2 Status Quo and Demand of Cold Chain Logistics g 3.3 Development of Cold Chain Logistics in Beijing 3.3.1 Economic Performance 3.3.2 Status Quo and Demand of Cold Chain Logistics 4. Demand for Cold Chain Logistics in China 4.1 Meat Products 4.2 Aquatic q Products 4.3 Quick-frozen Flour Food 4.4 Fruits & Vegetables 4.5 Dairy Products 4.6 Pharmaceuticals 5. Development of Cold Chain Logistics in China 5.1 Cold Storage 5.2 Highway Refrigerated Vehicle 5 3 Rail 5.3 Railway a Refrigerator Vehicle 6 Cold Storage Equipment Manufacturers 6.1 Dalian Refrigeration Co., Ltd. 6.1.1 Profile 6.1.2 Business Review 6.1.3 Revenue Structure 6.1.4 Gross Margin 6.1.5 Main Product 6.1.6 Major j Customers and Suppliers pp 6.2 Yantai Moon Co., Ltd. 6.2.1 Profile 6.2.2 Business Review 6.2.3 Revenue Structure 6.2.4 Gross Margin 6.2.5 Main Product 7 Cold Storage Operators 7.1 Henan Zhongpin Fresh Food Logistics Co., Ltd. 7.1.1 Profile 7.1.2 Development of Cold Chain Logistics 7.1.3 Henan Xianyi Supply Chain Co., Ltd. 7.2 Wuhan Wandun Cold Storage Logistics Co., Ltd. 7 2 1 Profile 7.2.1 7.2.2 Key Business 7.3 Shandong Gaishi Agricultural Trade Co., Ltd. 7.3.1 Profile 7.3.2 Cold Chain Business 7.3.3 51% Equity of Gaishi Agricultural Product Center Was Transferred 7.4 Shenyang Nonstaple Food Group 7.4.1 Profile 7.4.2 Key Business 7.4.3 Latest Development 7.5 Hunan Red Star Frozen Food Co., Ltd. 7.6 Tianjin Fisheries Group 7.7 Liaoning Dalian Ocean Fishery Group 7.8 Hangzhou NF United Meat Co., Ltd. 7.9 Shandong Taihua Food Co., Ltd. Room 502, Block 3, Tower C, Changyuan Tiandi Building, No. 18, Suzhou Street, Haidian District, Beijing, China 100080 Phone: +86 10 82600828 ● Fax: +86 10 82601570 ● www.researchinchina.com ● report@researchinchina.com Table of contents 8. Refrigerated Vehicle Manufacturers 8.1 BeiQi Foton Motor Co., Ltd 8.1.1 Profile 8.1.2 Business Review 8.1.3 Revenue Structure 8.1.4 Gross Margin 8 1 5 Major Customers and Suppliers 8.1.5 8.1.6 Refrigerated Vehicle 8.2 Zhenjiang Speed Automobile Group Co., Ltd. 8.2.1 Profile 8 2 2 Refrigerated Vehicle 8.2.2 8.3 Zhengzhou Hongyu Special Vehicle Co., Ltd. 8.3.1 Profile 8.3.2 Refrigerated Vehicle 8 4 Chi 8.4 China IInternational t ti lM Marine i Containers (Group) Co., Ltd. (CIMC) 8.4.1 Profile 8.4.2 Business Review 8.4.3 Revenue Structure 8.4.4 Gross G Margin 8.4.5 Sales Volume 8.4.6 Major Customers and Suppliers 8.4.7 CIMC Vehicles (Group) Co., Ltd. 8.4.8 Refrigerated Vehicle 8.5 Henan Hikuma Vehicle Manufacturing Co., Ltd 8.5.1 Profile 8.5.2 Refrigerated Vehicle 8.5.3 Main Production Bases 8.6 Henan Xinfei Special Purpose Vehicle Co., Ltd. 8.6.1 Profile 8.6.2 Refrigerated Vehicle Output 8.7 Zhenjiang Kangfei Machine Building Co., Ltd. 8.7.1 Profile 8.7.2 Refrigerated Vehicle 8.8 JMC 8.8.1 Profile 8.8.2 Business Review 8.8.3 Revenue Structure 8.8.4 Gross Margin j Customers and Suppliers pp 8.8.5 Major 8.8.6 JMC Special-purpose Vehicle Plant 8.9 Jianghuai Automobile Co., Ltd. (JAC) 8.9.1 Profile 8.9.2 Business Review 8 9 3 Revenue Structure 8.9.3 8.9.4 Gross Margin 8.9.5 Refrigerated Vehicle Business 8.9.6 Anhui Jianghuai Special Purpose Vehicle Co., Ltd. 8 10 Dongfeng Automobile Co 8.10 Co., Ltd Ltd. 8.10.1 Profile 8.10.2 Business Review 9. Cold Delivery Companies in China 9.1 Shanghai HaiBo Co., Ltd 911P 9.1.1 Profile fil 9.1.2 Business Review 9.1.3 Revenue Structure 9.1.4 Gross Margin 9.1.5 Major Customers 9.1.6 Development of Cold Chain Logistics 9.2 Jinjiang International Industrial Investment Co., Ltd 9.2.1 Profile 9.2.2 Operation 9.2.3 Revenue Structure 9.2.4 Gross Margin 9.2.5 Development of Cold Chain Logistics 9.2.6 Shanghai Xintiantian Dazhong Cold Logistics Co., Ltd. g Container Logistics g Co.,, Ltd 9.3 China Railwayy Tielong 9.4 Shandong Ronkin Group 9.5 Sinotrans 9.6 Chengdu Silver Plow Low-temperature Logistics Co., Ltd. 9.7 CMAC 9.8 Shanghai Jiaoyun Rihong International Logistics Co. Ltd. 9.9 Guangdong Swire Cold Chain Logistics Co., Ltd 9.10 Guangzhou Baier Cold-Chain Polyurethane Technology Co., Ltd 9.11 Beijing Huarifeitian 9.12 Beijing Er Shang Group Room 502, Block 3, Tower C, Changyuan Tiandi Building, No. 18, Suzhou Street, Haidian District, Beijing, China 100080 Phone: +86 10 82600828 ● Fax: +86 10 82601570 ● www.researchinchina.com ● report@researchinchina.com Selected Charts • • • • • • • • • • • • • • • • • • • • • • • • • Cold Chain Logistics Food Suitable for Cold Chain and Optimum Temperature Major Incentive Policies for Cold Chain Logistics Industry in China 12th Five-Year Plan for Cold Chain Development in Major Provinces and Cities of China Comparison between Domestic and Overseas Cold Chain Logistics Development Policies for Third-party p y Logistics g and Third-party p y Cold Chain Logistics g in China Per Capita Food Expenditure of Urban Households in Yangtze River Delta, 2010-2014 Per Capita Consumption Expenditure on Some Food in Yangtze River Delta, 2013 Cold Chain Demand in Yangtze River Delta, 2011-2014 Guangdong's GDP, 2007-2014 Guangdong's Cold Chain Demand, 2011-2014 Beijing's GDP, 2007-2014 Beijing's Output of Main Agricultural Products, 2013 Beijing's Cold Chain Demand, 2011-2014 Cold Chain Categories Output of Meat Products in China, 2007-2013 Output of Fresh & frozen meat in China (by Province), 2012-2014 Cold Chain Circulation and Transport Volume of Meat Products in China, 2011-2017E Output of Aquatic Products in China China, 2007-2014 2007 2014 Output of Marine Products and Freshwater Products in China, 2007-2013 Cold Chain Logistics Process of Frozen Aquatic Products Cold Chain Circulation and Transport Volume of Aquatic Products in China, 2011-2017 China’s Output of Quick-frozen Flour Food, 2007-2014 Output of Quick-frozen Flour Food in China (by Province/Municipality), 2013-2014 Cold Chain Logistics Process of Quick-frozen Flour Food Room 502, Block 3, Tower C, Changyuan Tiandi Building, No. 18, Suzhou Street, Haidian District, Beijing, China 100080 Phone: +86 10 82600828 ● Fax: +86 10 82601570 ● www.researchinchina.com ● report@researchinchina.com Selected Charts • • • • • • • • • • • • • • • • • • • • • • • • • Cold Chain Circulation Volume of Quick-frozen Flour Food in China, 2011-2017 Output of Fruit in China, 2007 2007-2013 2013 Output of Vegetable in China, 2007-2013 Cold Chain Logistics Process of Fruits and Vegetables Cold Chain Transport Volume of Fruits and Vegetables in China, 2011-2017 Output of Liquid Milk in China, 2007-2013 Output of Dairy Products in China, 2007-2012 Output of Dairy Products in China (by Province/Municipality), 2013-2014 Output of Frozen Drinks in China, 2007-2014 Circulation Features of Dairy Products by Type Cold Chain Logistics Process of Dairy Industry Drug Classification by Temperature and Cold Chain Drug Range Classification of Cold Chain Drugs by Temperature and Air Conditions Key Medicine Cold Chain Features in China Relevant Policies and Development Process of Pharmaceutical Cold Chain Logistics China’s Biopharmaceutical Market Size, 2007-2014 China’s Biopharmaceutical Cold Chain Market Size, 2007-2014 Cold Storage Classification Cold Chain Circulation Rate and Refrigerated Transport Rate of Some Commodities in China Total Capacity of Cold Storage in China, 2009-2014 China's Cold Storage Capacity Structure by Temperature, 2013 China's Cold Storage Capacity Structure by User, 2013 China's Cold Storage Capacity Structure by Commodity, 2013 Main Cold Storage Investment Projects in China, 2011-2014 Main Cold Storage Projects under Construction, 2014 Room 502, Block 3, Tower C, Changyuan Tiandi Building, No. 18, Suzhou Street, Haidian District, Beijing, China 100080 Phone: +86 10 82600828 ● Fax: +86 10 82601570 ● www.researchinchina.com ● report@researchinchina.com Selected Charts • • • • • • • • • • • • • • • • • • • • • • • • • Proportion of Refrigerated Vehicles in Freight Vehicles Output of Refrigerated Vehicle and Heat Preservation Vehicle in China China, 2007-2014 Supply of Major Chinese Refrigerated Truck Makers Number of Railway Refrigerated Vehicles in China, 2007-2013 Revenue and Net Income of Dalian Refrigeration, 2009-2014 Revenue Structure of Dalian Refrigeration g by y Region, g 2009-2014 Gross Profit Margin of Dalian Refrigeration, 2009-2014 Output, Sales Volume and Inventory of Dalian Refrigeration's Commercial and Industrial Refrigerators, 2012-2013 Dalian Refrigeration's Revenue from Top 5 Clients and % of Total Revenue, 2013 Dalian Refrigeration's Procurement from Top 5 Suppliers and % of Total Procurement, 2013 Revenue and Net Income of Yantai Moon, 2009-2014 Revenue Structure of Yantai Moon by Business, 2009-2014 Revenue Structure of Yantai Moon by Region, 2009-2014 Gross Profit Margin of Yantai Moon, 2009-2014 O t t Sales Output, S l Volume V l and d Inventory I t off Moon M Group’s G ’ Commercial C i l and d Industrial I d ti lR Refrigerators, fi t 2012 2012-2013 2013 Topin’s Logistics Centers in Production Bases Topin’s Logistics Centers in Sales Markets Distribution of Topin’s Main Processing and Manufacturing Bases Main Operation Strongholds of Henan Xianyi in China Primary Business of Wuhan Wandun Main Business of Gaishi Group Distribution of Main Cold Storage Bases of Shenyang Nonstaples Main Cold Transport Vessels of Dalian Ocean Fishery Group Revenue and Net Income of Taihua Food, 2009-2014 Revenue and Net Income of BeiQi Foton Motor, 2007-2014 Room 502, Block 3, Tower C, Changyuan Tiandi Building, No. 18, Suzhou Street, Haidian District, Beijing, China 100080 Phone: +86 10 82600828 ● Fax: +86 10 82601570 ● www.researchinchina.com ● report@researchinchina.com Selected Charts • • • • • • • • • • • • • • • • • • • • • • • • • Revenue Structure of Beiqi Foton by Product, 2009-2014 Revenue Structure of Beiqi Foton by Region Region, 2009-2014 2009 2014 Gross Profit Margin of Beiqi Foton, 2009-2014 Some Technical Indicators of Zhenjiang Speed Auto's Refrigerated Transport Vehicles Models, Configuration and Characteristics of Hongyu’s Main Insulated & Refrigerated Trucks Revenue and Net Income of CIMC, 2009-2014 Revenue Structure of CIMC by Product, 2009-2014 Revenue Structure of CIMC by Region, 2009-2014 Gross Profit Margin of CIMC, 2009-2014 Sales Volume of CIMC’s Container and Road Transport Vehicles, 2012-2013 CIMC's Revenue from Top 5 Clients and % of Total Revenue, 2013 CIMC's Procurement from Top 5 Suppliers and % of Total Procurement, 2013 Bingxiong's Main Refrigerated and Insulated Automobile Production Bases Revenue and Net Income of JMC, 2009-2014 Revenue Structure of JMC by Product, Product 2009-2014 2009 2014 Revenue Structure of JMC by Region, 2009-2014 Gross Profit Margin of JMC, 2009-2014 JMC's Revenue from Top 5 Clients and % of Total Revenue, 2013 JMC's JMC s Procurement from Top 5 Suppliers and % of Total Procurement, 2013 Revenue and Net Income of JAC, 2007-2012 Revenue Structure of JAC by Product, 2012 Revenue Structure of JAC by Region, 2012 Gross Profit Margin of JAC, 2009-2014 Revenue and Net Income of DFM, 2009-2014 Revenue Structure of DFM by Product, 2009-2014 Room 502, Block 3, Tower C, Changyuan Tiandi Building, No. 18, Suzhou Street, Haidian District, Beijing, China 100080 Phone: +86 10 82600828 ● Fax: +86 10 82601570 ● www.researchinchina.com ● report@researchinchina.com Selected Charts • • • • • • • • • • • • • • • • • • • • • • • • • Revenue Structure of DFM by Region, 2009-2014 Gross Profit Margin of DFM, DFM 2009-2014 DFM’s Revenue from Top 5 Clients and % of Total Revenue, 2013 DFM’s Procurement from Top 5 Suppliers and % of Total Procurement, 2013 Revenue and Net Income of Shanghai HaiBo, 2009-2014 Revenue structure of Shanghai g HaiBo Co.,, Ltd byy Product,, 2009-2014 Revenue structure of Shanghai HaiBo Co., Ltd by Region, 2009-2014 Gross Profit Margin of DFM, 2009-2014 Shanghai Haibo’s Revenue from Top 5 Clients and % of Total Revenue, 2013 Revenue and Net Income of Jinjiang International Industrial Investment, 2009-2014 Revenue Structure of Jinjiang International Industrial Investment by Sector, 2009-2014 Gross Profit Margin of Jinjiang International, 2009-2014 Operating Revenue and Cost of Low Temperature Logistics Business of Jinjiang International Industrial Investment, 2007-2013 Major Cold Chain Equipment Matching of Xintiantian R Revenue and dN Nett IIncome off CRT CRT, 2009-2014 2009 2014 Revenue Structure of CRT by Sector, 2009-2014 Gross Profit Margin of CRT, 2009-2014 Special Container Business Types of China Railway Tielong Container Logistics Co., Ltd Long-term Partners of Ronkin Group Principle Business of Ronkin Revenue and Net Income of Sinotrans, 2009-2014 Revenue structure of Sinotrans by Product, 2009-2014 Revenue structure of Sinotrans by y Region, g 2009-2014 Gross Profit Margin of Sinotrans, 2009-2014 Cold Chain Network of CMAC Room 502, Block 3, Tower C, Changyuan Tiandi Building, No. 18, Suzhou Street, Haidian District, Beijing, China 100080 Phone: +86 10 82600828 ● Fax: +86 10 82601570 ● www.researchinchina.com ● report@researchinchina.com Selected Charts • • • • • • • Operating Network of Kangxin Logistics Overview of Swire Swire's s Cold Chain Cold Storage Facilities Baier's Refrigerated Vehicle Models Major Partners of Sinosun Logistics Integrated Supply Chain Solutions of Sinosun Main Professional Refrigerated g Vehicles of Sinosun "Shaft and Radial" Model Transport Network of Beijing Huarifeitian Room 502, Block 3, Tower C, Changyuan Tiandi Building, No. 18, Suzhou Street, Haidian District, Beijing, China 100080 Phone: +86 10 82600828 ● Fax: +86 10 82601570 ● www.researchinchina.com ● report@researchinchina.com How to Buy You can place your order in the following alternative ways: Choose type of format 1 O d online 1.Order li at www.researchinchina.com hi hi PDF (Single user license) …………..2,400 USD 2.Fax order sheet to us at fax number:+86 10 82601570 Hard copy 3. 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