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In order to promote the common prosperity of the countryMegamillOn April 22nd, the hundred Orchard Group (02411) held an exclusive signature fruit conference in the ancient city of Siam in Bangkok. At the meeting, the marketing organization of Thailand's state-owned enterprises supporting farmers signed a memorandum of cooperation with the hundred Orchard to further expand the export of Thai agricultural products (000061) and consumer goods to the Chinese market. At the same time, Baiguo Orchard and Richfield Fresh Fruit Co, Thailand's largest fruit exporter,MegamillLtd and a number of fruit packaging companies signed a memorandum of cooperation to jointly expand and strengthen the market.
According to related reports, fruit was Thailand's largest food export category in 2023, accounting for 15.7% of Thailand's total food exports. In 2023, China imported agricultural products from Thailand totaling 15.433 billion US dollars. Of this total, imported fruit was 7.056 billion US dollars, up 11.9 percent from the same period last year, with fresh durian accounting for the highest proportion, totaling 4.566 billion US dollars, up 18 percent from the same period last year.
As the largest fruit retail enterprise in China, hundred Orchard and Thai enterprises have established fruit trade cooperation for more than 20 years. Has developed durian, mangosteen, longan, grapefruit, coconut, pineapple, banana and other dozens of fruit wholesale import business line. At present, the orchard has established cooperation with more than 800 fruit bases in 26 countries around the world, of which Thailand's fruit procurement share accounts for about 16% of the whole orchard's fruit share.
Chairman Yu Huiyong said that the hundred Orchard has developed more than 10 signature varieties in Thailand. For example, the star product of the hundred Orchard, Qingni King durian, the sign of the durian world, has set a record of 340 tons a day, becoming the top one-day durian category sales in the hundred Orchard.
Minister Tamana also agrees with the policy of high-quality fruit and no return service in the orchard, which is an effective guarantee for consumers' experience and rights and interests. He said that the signing cooperation will promote the export of high-quality Thai fruits to the Chinese market, giving Chinese consumers access to Thailand's rich, diverse and high-quality fruits through 6000 stores in Baiguo Orchard.
It is reported that in the past five years, the hundred Orchard has purchased more than 220000 tons of Thai fruit, which is deeply loved by the majority of domestic consumers. In addition, the orchard has also carried out in-depth cooperation with a number of local orchards and processing plants to work with the government to promote the high-quality development of the whole fruit industry chain in Thailand. Yu Huiyong said that the hundred Orchard will continue to steadily increase the procurement of high-quality fruits in Thailand. In 2024, the fruit purchase of the hundred Orchard in Thailand is expected to exceed 70,000 tons, with a purchase value of more than billions of yuan.
As for the future, Yu Huiyong said that he hopes to further deepen cooperation with Thailand, expand the variety of signature fruits and introduce more fruits with Thai characteristics. At the same time, we also hope to cooperate with scientific research institutions in Thailand to jointly develop new varieties and improve the quality and output of fruits. In addition, the hundred Orchard is also very concerned about sustainability, hoping to promote ecologically harmonious fruit cultivation in Thailand, reduce the use of chemical fertilizers and pesticides, achieve full-link carbon reduction and low carbon, and provide consumers with healthier and environmentally friendly fruits.
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