Recently, Hainan REIT Mingde Investment Holdings Co., Ltd., a wholly-owned subsidiary of RETO Group, signed a cooperation agreement with Inner Mongolia Zhongshan Health Industry Technology Co., Ltd. in Ordos, reaching an agreement on the establishment of long-term and in-depth partnerships in the fields of Internet of Things, food supply chain, food industrial parks and rural revitalization.

Hainan REIT Mingde Investment Holdings Co., Ltd. and its subsidiaries will use their advantages in the Internet of Things and their experience in supply chain platform construction to build a digital supply chain system platform for Inner Mongolia Zhongshan Health Industry Technology Co., Ltd. to promote the development of Zhongshan Company. The two parties agreed to complement each other and negotiate mergers and acquisitions based on the development of the business.

Hainan REIT Mingde Investment Holdings Co., Ltd. is a state-level high-tech enterprise with mobile Internet, Internet of Things, cloud computing and AI as its main technical path. After nearly ten years of deep cultivation and development in Hainan International Free Trade Port, it has more than 10 subsidiaries, the main business scope involves bulk trade, network freight services, smart emergency, smart mines, road assistance, military information services, new energy and intelligent networking.

Inner Mongolia Zhongshan Health Industry Technology Co., Ltd. is the regional partner of Zhongshan International Group Catering Industry Group in Ordos, with the mission of "developing the health food industry and providing healthy meals for the public"; committed to building a safe and healthy food industry chain from seeds to chopsticks; it has formed an industrial cluster in six branches, including canteen contracting, group catering, distribution of agricultural and sideline products, base management, and supply chain management.

The two parties successfully signed a contract in Ordos, based on the development of rural revitalization industry based on more than 100,000 mu of land after the comprehensive utilization of coal gangue and fly ash, ecological restoration and soil improvement; The two parties will make full use of the role of the food and beverage supply chain in Inner Mongolia in driving the rural revitalization of agriculture and animal husbandry in Ordos, plan to plan the digitalization project of the food industry park in the Ordos High-tech Zone Light Textile Industrial Park, prepare the rural revitalization experience center in Kangbashi New District, and actively explore the feasibility of the interaction between the rural revitalization industry between Hainan Free Trade Port and Ordos.

Next, the two parties will give full play to their own advantages and carry out pragmatic cooperation in more fields. Seek development in cooperation and win-win in development, and contribute to the high-quality development of Ordos ecological environmental protection, rural revitalization, digital engineering, food supply chain and other fields.