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Xiamen C&D Inc. Stock Code: 600153.SH

Stock Code: 600153.SH

CCTV News Report: C&D Inc. Takes Multiple Measures Simultaneously to Ensure Stable Industrial and Supply Chains

Date: 2022-04-20 | Source:C&D Inc.

Source: CCTV News Channel "Live News"

On April 20, CCTV-13 Live News, in its Feature of "Pursuing Progress while Maintaining Stability", gave a report entitled "Government and Enterprises Join Hands to Ensure the Smooth Flow of Supply and Capital Chains" on the active role of Xiamen C&D Inc. (600153.SH), a subsidiary of C&D Group, in leveraging its advantages as a state-owned enterprise to help local private enterprises stabilize work and production in the field of agricultural product supply chain.
C&D Inc. serves over 3,000 customers in the agricultural products industry, dealing in more than 28 million tons of agricultural products annually. With a leading presence in several product areas so far, such as corn, sorghum, barley, pea, rapeseed, rapeseed oil, rapeseed meal, sunflower meal, and fishmeal, C&D Inc. has become one of the top 3 global resource allocation purchasers of relevant import categories in China, constantly supporting the entity enterprises that safeguard people's livelihood.
Facing the complex and volatile international context since 2022, C&D Inc. has made continuous efforts to overcome the difficulties and taken positive actions by relying on its intensive construction and global layout of the supply chain over the past 4 decades, and has successfully achieved a good start in the first quarter, yielding a 15% increase against the trend in total imports & exports and a 57% increase in exports.
As one of China's first National Demonstration Enterprises for Supply Chain Innovation and Application, C&D Inc. has always adhered to the business philosophy of "securing supply, facilitating sales, improving efficiency and reducing cost" to make contributions to enhancing the independent and controllable capability of industrial and supply chains, laying solid foundations for domestic circulation and fueling domestic and international circulations. C&D Inc. has demonstrated its commitment to protecting domestic production and supply in critical moments.