Recently, Yangpu Fang and Yuan United Logistics Co., Ltd., a subsidiary of ReTo Eco-Solutions,Inc., announced the completion of an angel round of financing of RMB 5 million. This round of financing is the exclusive investment of Shiyuan Tongda Fund. This round of financing will be mainly used for the company's customs clearance integration and bulk commodity trade, and to build a digital comprehensive service platform for smart logistics supply chain.

Yangpu Fang and Yuan United Logistics Co., Ltd. is a supply chain digital solution and operation service provider under ReTo Eco-Solutions,Inc. (RETO, a NASDAQ-listed ) company in the United States. Relying on Hainan's unique geographical advantages, with the help of Hainan The logistics development and policy dividends of the free trade port are committed to building a "supply chain digital integrated operation service platform" with Hainan characteristics. The company has now successfully developed: a supply chain digital integrated operation service platform, and the whole process of business online has become the basic structure. It not only includes multiple subsystems such as supplier and order management (ERP) system, intelligent cloud warehouse management (WMS) system, logistics and transportation management (TMS) system, customer sales management (CRM) system, etc. Multiple business functions, such as intermodal transportation, fresh food express transportation, and AI intelligent matching, organically combine various modes such as trunk logistics, less-than-truckload freight, cold chain logistics, and urban distribution. And through the centralized procurement platform, the integration of resource pools to achieve the purpose of reducing costs and increasing efficiency for customers.

Yuhuai Feng, executive manager of Yangpu Fang and Yuan United Logistics Co., Ltd., said: "After COVID-19, innovative technologies represented by intelligent supply chains will create a new pattern of logistics and supply chains, and the construction of Fang and Yuan's supply chain ecosystem is accelerating. Fang and Yuan will make full use of the funds raised, strengthen technology investment and core team building, increase investment in e-commerce logistics, urban distribution, supply chain management, cloud warehousing and smart parks, etc., and further improve smart the industrial layout of logistics."

Meixing Chen, executive manager of Shiyuan Tongda Fund, said: "I’m very optimistic about the development of the logistics industry in Hainan Free Trade Port, and I have high hopes for the increase in logistics demand brought about by entrepot trade and bulk commodity trade after customs closure and new formats such as online freight. It is hoped that through this round of investment, Yangpu Fang and Yuan United Logistics Co., Ltd. will become an industry leader in the field of smart logistics in my country. Shiyuan Tongda invests in local cutting-edge high-tech enterprises in Hainan, and participates in the construction of Hainan Free Trade Port with practical actions.

About Hainan Shiyuan Tongda Fund Management Co., Ltd.

Hainan Shiyuan Tongda Fund Management Co., Ltd. is a private equity investment management institution based in Hainan Free Trade Port, focusing on investment in ecological environmental protection, Internet of Things, new energy, high-tech, advanced manufacturing and other fields. The company's private equity fund record number is P1080706. At present, the company has offices in Beijing, Shanghai, Shenzhen and Wuhan, and has completed strategic investments in various types of tracks.