It was reported that Chenzhou Hongjin International Agricultural Products Logistics Center which was invested by HK Wang On Group was settled the investment contract with Beihu district on May 13, 2014. It marked a substantial progress of this project that it would be placed to construction.

It was learned that HK Wang On Group was founded in 1987. Its main businesses are house, commerce, complex, wholesale market of agricultural products, street market, and etc. As the largest scale listed company which handled largest quantity of street markets in HK, Hong’an Group placed great investment on some wholesale markets of agricultural products in China mainland, which formed a huge and high-quality China-HK agricultural products supply chain. It became one of the key administrative enterprises on wholesale of agricultural production in China.

Chenzhou Hongjin International Agricultural Products Logistics Center was invested by China Agricultural Products Trade Co., Ltd subordinated to HK Wang On Group. According to the plan, this market would be constructed on Leidaqiao village, Beihu district, covering 540mu areas and $120 million. Once finished, the annual trading volume would reach 8million tons with the amount of over 10billion yuan.

At the meantime, once finished, it would be a first-class and large-scale agricultural products’ wholesale and logistics center covered relative businesses of south Hunan region. Fruit and vegetable trading center, aquatic product trading center, non-staple food trading center, grain and oil trading center, cold-chain logistics center, processing and distribution center, quality inspection and control center, accounting center, monitoring center and some other supporting facilities were available for this center.

Deng Qinghe- Chairman of HK Wang On Group and Zhang Aiguo- Member of Chenzhou Municipal Party Committee Standing Committee and Deputy Mayor of Chenzhou City were present at the signing ceremony.