Eternal Asia launched its latest innovation achievements in industry supply chains during a conference on the innovative development of upstream and downstream companies in industry chains, which was held on Sept 27 in Hezhou, Guangxi Zhuang autonomous region.
The conference gathered nearly 300 guests, including representatives from local governments, industry experts, and business giants, as well as attracted over 1 million online viewers through its live stream.
Eternal Asia, a Chinese logistics company that was the first to be listed from the sector early in 2007, currently has more than 500 branches around the world. The company's business volume amounted to nearly 100 billion yuan ($14.66 billion) in 2019.
Guangxi Eastward Integration Eternal Asia Supply Chain Co Ltd was set up jointly by Eternal Asia and Guangxi Eastward Integration Industrial Investment Group, aiming to build a service platform integrating both online and offline measures for Hezhou's calcium carbonate industry, as well as to offer support in supply chain and techniques for upstream and downstream companies in the calcium carbonate industry around the country.
It was announced that hz-jsyg.com, Eternal Asia's first customized product platform under its innovative model, which featured industry supply chain and digital technology features, has achieved a business scale of 1.6 billion yuan, much higher than expected after it was launched a year ago.
Zhou Guohui, chairman and CEO of Eternal Asia, said that its comprehensive commercial service platform is aimed at sharing the company's advantages in developing supply chains and setting up joint venture companies with governments and State-owned companies, making contributions to the urban economic development.
Zhou added that the company is expected to set up 30 joint venture companies by 2020 and put all of these companies into operation, while the number of the companies is expected to reach 100 in five years.
Liu Hongjun, vice mayor of Hezhou, said during the conference that the calcium carbonate industry is one of the pillar industries in Hezhou and that Eternal Asia's platform has contributed to the continued development of the industry, further promoting Hezhou's calcium carbonate products to the global stage.
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