[Local Hot Spot] The First Private Enterprise Led Supply Chain Service Platform In Hubei Was Established

On March 31, Hubei Huafang Supply Chain Co., Ltd. (hereinafter referred to as "Huafang Chain"), the first supply chain service platform led by private enterprises and participated by state-owned enterprises in Hubei Province, was inaugurated in Wuhan. This platform will become a "driver" for the textile and clothing industry in Hubei Province to hit an output value of 500 billion yuan.

The textile and clothing supply chain is the overall chain network that starts from the purchase of surface materials, designs and processes them into ready to wear clothes, and finally sends them to consumers through the sales network. Headquartered in Hankou North, Huangpi District, Wuhan City, Huafang Chain is jointly established by Zhuo'er Zhilian Group, Yangtze River Industry Group, Wuhan Industrial Investment Holding Group, Wuhan Mulan Investment Group and other state-owned platforms, as well as social capital such as Luojia Wutong Venture Capital and Jiafang Fund. Huafang Chain will rely on the advantages of the textile and clothing industry cluster in our province, and based on the application of new generation information technology such as big data, artificial intelligence, Internet of Things, blockchain, etc., to provide integrated supply chain services such as online procurement, domestic and foreign trade, smart logistics, intelligent warehousing, supply chain finance, etc.

The structure of state-owned enterprises, private enterprises and social capital helps to complement each other's advantages and quickly build a global leading textile and clothing industry supply chain. In the field of textile and clothing, Zhuo'er Zhilian has laid a foundation for the mode of "R&D design+standard setting+production base+trading center+e-commerce logistics" of Huafang Chain by arranging Hankou North Brand Clothing City, Light Textile Accessories City and Diaoyin Live Broadcast Base. Qi Zhiping, chairman of Huafang Chain, said that he would give full play to Zhuo'er Zhilian's advantages in offline market and digital supply chain services, and use the driving effect of China International Trade Fair as an international economic and trade platform to promote the integration of business types, channel integration, and digital technology and industry connection of Hubei textile and clothing industry.

According to the plan, the platform will launch the textile and clothing industry master fund. This year, Huafang Chain and the supply chain platform companies in various cities and prefectures will achieve a platform turnover of more than 10 billion yuan and a revenue of 5 billion yuan. By 2025, we will strive to achieve a platform revenue of 50 billion yuan, promote the total output value of our textile and clothing industry to exceed 500 billion yuan, and the textile and clothing industry will enter the national forefront.