The 19th China-Asean Expo and China-Asean Business and Investment Summit opened in Nanning, Guangxi Province on September 16, 2022. The East Expo organized the signing of more than 100 international and domestic economic cooperation projects, among which, in the field of agricultural fresh food, HAWEI and Vietnam THACO Group's strategic signing attracted attention.

At the signing ceremony, Zhang Jiangquan, Chairman of HAWEI and Huang Tong, General Manager of Vietnam THACO Group China, jointly signed a US $500 million fresh procurement contract, pushing more colorful and high-quality Southeast Asian fruits to major terminal channels and online e-commerce platforms throughout the country. At the same time, domestic fresh food will also enter thousands of households through THACO Group's strong channel network in Southeast Asia.

HAWEI is committed to the construction of fruit and vegetable fresh supply chain service platform, and Vietnam THACO Group develops large-scale organic agriculture with the mode of industrial management. This time, the two have joined forces to add a strong ink to the China-Asean agricultural fresh field, helping to build a closer China-Asean community of destiny. We will make cooperation with RCEP countries deeper and more concrete.
It is understood that the Regional Comprehensive Economic Partnership Agreement RCEP has been in effect for more than eight months, and is benefiting more and more foreign trade entities. In the agricultural fresh sector, the RCEP region was initially an important destination for Chinese agricultural exports. In the agreement, ASEAN countries have made a highly open commitment to agricultural cultivation, animal husbandry agricultural cultivation, animal husbandry and product processing. Some regions have lifted restrictions on foreign visits in related fields. This will facilitate the local layout of relevant Chinese sellers and reduce the restrictions on the local development of agriculture-related sellers and industrial upstream and downstream sellers. It can not only be traded to existing goods, but also produced and processed.
HAWEI is committed to the construction of fruit and vegetable fresh supply chain service platform, connecting the different service needs of different channels of customers at all levels of origin and sales. Taking advantage of years of deep cultivation in the fruit and vegetable fresh industry, we actively layout the classification and sorting of production warehouse, the order-type agricultural services based on cold chain storage, and the secondary sorting and packaging of sales warehouse, the temperature cold chain, the fruit and vegetable ripening, the central kitchen, the clean vegetable factory, the financial supply chain as the leading service. The company plans to establish a sales warehouse and service system in 20 first - and second-tier cities such as Shanghai, Beijing, Shenyang, Hunan and Chongqing, covering East China, North China, Northeast and central and western regional markets. It is planned to establish a production-marketing integrated supply chain service system in about 100 prefecture-level cities.
THACO Group Agriculture Company - THAGRICO (part of THACO Group) was established in 2019 as a company to implement the THACO Group's agriculture and forestry strategy. THACO is the largest car manufacturer in Vietnam, with KIA, MAZDA, PEUGEOT, BMW, MINI COOPER and other brands. THAGRICO owns more than 84,000 hectares of agricultural land in the Central Highlands of Vietnam, Laos and Cambodia; THAGRICO aims to develop large-scale organic agriculture under the model of industrial management. Fruit cultivation is one of the main industries (bananas and mangoes are the main ones).
The signing ceremony of the East Expo has been held for 19 consecutive sessions, and the signing ceremony of the first three East Expo has signed a total of 365 investment projects in Guangxi, and nearly 60% have started construction. International cooperation projects involve ASEAN, the United States, Germany, the United Kingdom, Australia, Italy, Finland and other countries and Hong Kong, Macao and Taiwan. The domestic cooperation projects come from more than 20 provinces in China, covering key areas such as manufacturing, new energy and new materials.