YH Named Among “First Batch of Key Contact Enterprises for National Commerce and Logistics in 2022” by Ministry of Commerce

To implement the decisions and arrangements of the CPC Central Committee and the State Council regarding facilitating national economic circulation and building a modern distribution system, accelerate the cultivation of backbone enterprises in commerce and logistics, and promote high-quality development in the sector, On September 15, the Ministry of Commerce issued the “Notice of the General Office of the Ministry of Commerce on Establishing a Key Contact System for Commerce and Logistics Enterprises,” deciding to establish a key contact system for commerce and logistics enterprises. Based on local recommendations, expert reviews, and public announcements, the first batch of 287 national key commerce and logistics contact enterprises for 2022 was determined. YH is among them.

The Ministry of Commerce's establishment of this key contact system aims to implement the decisions and deployments of the CPC Central Committee and the State Council regarding smoothing the national economic cycle and building a modern circulation system. It enables key enterprises to fully leverage their exemplary and innovative leadership roles, better participate in supply chain innovation and application demonstration initiatives, county-level commercial system construction, agricultural product supply chain system development, 15-minute convenient living circle pilot programs, and commodity market optimization and upgrading. This further accelerates the cultivation of modern commercial logistics enterprises with international competitiveness and deepens the implementation of the special action plan for high-quality development of commercial logistics.

As one of the first enterprises designated by the Ministry of Commerce for supply chain innovation and application demonstration, YH remains committed to continuous innovation in “integrated supply chain” solutions. Leveraging its robust resource integration capabilities, the company has established a “shared supply chain system” that delivers efficient, secure, and seamless commerce and logistics services to clients. Concurrently, YH intensifies efforts in digital empowerment to further reduce commerce and logistics costs while enhancing circulation efficiency and profitability. Additionally, the company champions social responsibility and mission-driven values, steadfastly upholding its founding principles and mission. During the pandemic, YH actively leveraged its global supply chain network to support medical supply security. We assisted the Ministry of Commerce, Shenzhen Municipality, and Wuhan Municipality in procuring nearly 200 million pieces of protective gear globally and organized donations of over 1 million pieces of epidemic prevention materials. We ensured the normal operation of supply chains for over 500 clients, including Huawei, Xiaomi, TPV, and Philips, making positive contributions to the “Six Priorities and Six Guarantees.” Through concrete actions, we fulfilled our social responsibilities and demonstrated YH's commitment.

Moving forward, YH will continue to drive innovation, continuously enhance the development of its digital and intelligent supply chain, and unblock the major arteries of the supply chain from production to sales. This will promote high-quality development in the distribution industry and empower commercial enterprises to actively navigate the continuously evolving global market.