The fresh produce, cold-chain food supply enterprise, called 'Jiuye Supply Chain' and the Yuanyang Investment Group, have held a ceremony to sign a contract. This completes the 200 million RMB B-round financing for Jiuye. The founder of the company, Zhang Bing, stated that the money will mainly be used for establishing a cold-chain logistics system, both in China and overseas.
At the same time, information was leaked from Jiuye that the company had already received 60 million RMB A-round financing in August 2016 from Zhongrong Dingxing (under the flag of Zhongrong Trust Bonds). At present, Jiuye provides cold storage for the whole of China, a nationwide dry cold-chain transport network for less-than-truck-load quantities, and a nationwide home delivery cold-chain system. With all of this combined, Jiuye provides professional supply chain advice and services for the agricultural and fresh produce sector.
Source: www.iyiou.com