Tops Off Year of Achievements, Including Investment from CP Group in Series C Financing
JIUYE Supply Chain (JIUYE SCM), a leading fresh supply chain service provider in China, just won “2018 Chinese Innovative Company in Logistics Industry”, awarded by Equal Ocean, the leading industrial tech media, at the end of November in Beijing. More glory was added the next day as the cold chain solution provider was awarded both “2018 China Best 10 Cold Chain Service Provider” and “Cold Supply Chain Company of the Year” at the 12th China Cold Chain Industry Annual Conference, held by Cold Chain Logistics Committee of China Federation of Logistics & Purchasing (CFLP), the domestic authoritative industry organization in Zhengzhou, Henan Province.
Bagging three significant awards of the cold chain logistics industry, JIUYE SCM proved its excellent performance throughout the year as it is acknowledged for its innovation efforts and cold chain service capacity. Founded in 2014, JIUYE SCM now has already stepped into a high-speed development period.
By integrating domestic and overseas cold chain logistics resources and continuously innovating its technology, JIUYE has been devoted to providing one-stop supply chain solutions for global fresh producing enterprises, not just cold chain logistics services.
One of the core competitive qualities of JIUYE is its powerful technology gene. The IT team of JIUYE consists of over hundred people. The team has built an all-in-one platform contains online and offline system network which could help to get through the entire supply chain link from upstream to downstream, which is quite a significant innovation in the cold chain logistics industry in China.
This October, JIUYE SCM announced the plan of the Series C round of funding as Charoen Pokphand Group (C.P. Group) from Thailand became a major investor in the Chinese cold chain solution provider. The financing amount is over hundred million Yuan. After receiving the Series B round of financing from SINO-OCEAN Capital in 2017, JIUYE once again ushered in a capital breakthrough in 2018.
C.P. Group is a transnational conglomerate that consists of multiple businesses and services. Recently C.P. Group is seeking transformation from food producer to service provider and supply chain runner. As a leading cold chain platform in China, JIUYE echoed its pursuit in its delicate service, technology competency and quality standard.
JIUYE now is actively expanding into both domestic and overseas markets. Relying on advanced information technology and a powerful logistics network, JIUYE provides cross-border supply chain services which contain direct-delivery overseas warehouses, quick customs clearance & quarantines, and processing fresh food & seafood. By November 2018, JIUYE has built 26 fresh distribution centers (DCs) in China and 15 overseas DCs, which include multiple temperature zones. Multi-temperature control of -60 ĄăC to 25 ĄăC can be realized in the DCs.
As explained by Mr. ZHANG Bing, founder and CEO of JIUYE SCM, the Series C round of financing will mainly help JIUYE to upgrade the company’s series technology moves, build a smarter fresh storage system and extend the global penetration. Moreover, the collaboration is endowed with strong and clear aim from C.P. Group and JIIUYE to build together a more delicate Chinese fresh supply chain service system, as well as online business platform for fresh products based on Freshcn, JIUYE’s global online B2B/O2O sourcing and distribution platform subsidiary specialized in fresh products.
About JIUYE SCM
JIUYE SUPPLY CHAIN was founded in November 2014, a leading fresh supply chain service platform in China. It has grown into a professional solution provider engaging in one-stop cold-chain services for global fresh & frozen food through the integration of internal and external social resources.
For JIUYE, the key to success is keeping its focus on technology and IT systems, which can integrate with its customers’ demands. Its powerful IT team developed JIUYE Cloud Platform that enables all parties in the supply chain to reach each other in real-time interconnection, making mobilized and visualized collaboration possible.
Official Website: http://www.jiuyescm.com
Source: JIUYE SCM