Shenzhen Agricultural Power Group Co., Ltd

Shenzhen Agricultural Power Group Co., Ltd (SZAP), established in 1989, is a state-owned enterprise and the first listed state-owned holding company in China's agricultural products circulation industry. Listed on the Shenzhen Stock Exchange in 1997, SZAP has total assets exceeding 20 billion RMB and maintains a significant presence in the agricultural wholesale market, holding a 10% market share in national-scale agricultural wholesale markets. The company plays a crucial role in ensuring food supply for over 200 million people through its extensive network of agricultural wholesale markets. SZAP is primarily engaged in the investment, construction, operation, and management of agricultural wholesale markets, having established 35 markets across 20 cities, including major urban centers like Beijing and Shanghai. The company is focused on modernizing agricultural distribution through initiatives such as standardization, digitization, and smart agricultural practices. Additionally, SZAP is committed to social responsibility, contributing to urban food supply stability and engaging in poverty alleviation efforts. Its mission emphasizes the integration of rural and urban food systems while promoting sustainable agricultural practices.

In 2000, SZAP was honored as the first batch of China's Agricultural Industrialization Leading Enterprises in Key State Class by nine governmental departments including the Ministry of Agriculture, the Economic and Trade Commission and the Ministry of Finance. After years of development, SZAP has gradually established the leading role in domestic wholesale market of agricultural products industry. Resulting from profound effects, SZAP is active in international conferences with enhancing industry influence and great industry honor. In 2011, SZAP hosted Shenzhen Conference of the World Union of Wholesale Markets (WUWM) , which is a well-known world-class summit. In 2012, one of SZAP’s wholesale markets, Shenzhen HiGreen International Agricultural Products Logistics Park, won the Silver Award of the 2012 International Wholesale Market Award from WUWM. In 2016, another HiGreen Market, Changsha Huangxing HiGreen International Agricultural Products Logistic Park, was invited to be one of the markets for technical visit by WUWM. With the mission of “Committed to a Better Life”, SZAP is actively developing the agricultural construction of whole industry chain, committing to the idea of “Green Development”, and positively implementing carbon peaking and carbon neutrality strategy. Through utilizing advancing technology of standardization, digitization and intelligent in the field of agricultural products distribution, SZAP continuously explores the standardized digital supply chain. In order to tackle the white pollution causing by foam boxes and improve the cultivation efficiency, SZAP advances its R&D technology in terms of Industrial Design Institute of Smart Agri-produce Circulation, so as to achieve the goal of energy saving and emission reduction and green development of agricultural product circulation. SZAP gives full play to the network advantage of the agricultural wholesale market and is positively involved in poverty alleviation initiatives. It also takes an active part in Shenzhen’s counterpart support in the poverty alleviation, enabling impoverished areas shake off poverty and ensure sustainable development in agricultural industry, aiming to achieve its cooperate social value. SZAP has been committed to protecting investors' legitimate rights and interests，focusing on investors' return value and company's sustainable development. SZAP has been developing stable annual profit-sharing plans so as to achieve a win-win between investors and the company.