Introduction to Hunan Grain Group Co., Ltd.

Hunan Grain Group is a large-scale state-owned comprehensive grain enterprise approved by the Hunan Provincial Government and established in cooperation with the Hunan Provincial Grain Bureau and the Changsha Municipal People's Government to integrate relevant superior resources. The group has total assets of 4 billion yuan and currently has more than 2,000 employees. Its main businesses include grain and oil storage, grain and oil processing, transit logistics, market transactions, futures delivery, operating trade, e-commerce, etc.: It has a grain and oil storage capacity of 850,000 tons and reserves year-round. It has more than 500,000 tons of policy and commercial grain and oil; it has 2 special railway lines and 2 thousand-ton berths; it has 7 rice processing production lines, with an annual grain and oil processing capacity of 430,000 tons; it has the Changsha National Grain and Oil Trading Center, with the largest annual transaction volume reaching more than 3 million tons, with a transaction volume of nearly 6 billion yuan; it has a Hunan grain and feed spot trading market with an annual cargo throughput of 3.5 million tons; it has a futures delivery warehouse for early indica rice, rapeseed oil, and hard wheat, with a delivery scale of 250,000 tons. The largest futures delivery warehouse in Central and South China; it owns two national key leading enterprises in agricultural industrialization, Hunan Jinxia Grain Industry Co., Ltd. and Chenzhou Yuxiang Noodle Industry Co., Ltd.; it owns two well-known Chinese trademarks "Jinxia" and "Yuxiang". The products are diversified into rice, noodles, oil, etc., and the marketing network covers three Hunan and four rivers, radiating across the country.

The Hunan Jinxia Modern Grain Logistics Center built by the Group is a core project of Hunan Province’s grain “100 billion industry, 10 billion logistics” strategic deployment, and one of the 50 major projects identified by the Hunan Provincial Development and Reform Commission in 2011 One of the largest bulk grain receiving and unloading facilities in the province, it was identified by the National Development and Reform Commission as one of the first batch of "North-South Grain Transport" railway bulk grain transportation hub projects, and will develop into a national key hub for information exchange, business flow, and smooth logistics. A grain and oil logistics center, it has become the development axis of China's grain industry in the central and southern regions and an important node of China's modern logistics in the middle and lower reaches of the Yangtze River. The group's current operating scale continues to expand, its industrialization level continues to improve, and it has made positive contributions in serving rural areas and farmers and promoting regional economic development. It has gradually become a leading enterprise in the development of the grain industry in southern China. In the first half of this year, the group achieved sales revenue of 1.438 billion yuan, a year-on-year increase of 305%.