Recently, the Shenyang Yurun International Agricultural Products Trading Center project, with an investment of 500 million yuan and covering an area of 200 acres, officially commenced construction. This project aims to create a leading modern one-stop supply and distribution center for agricultural products in China. Upon completion, it will significantly boost the Yurun market in Shenyang.
In his speech, Chairman Zhu Yicai expressed that during challenging times for Yurun Group, it was the comprehensive support from the Shenyang city and Shenbei New District governments that effectively helped Yurun Group to continue expanding its investments. This support has instilled strong confidence in the group’s deepening presence in Shenyang and integration into Shenbei.
Yurun Group has been deeply involved in Shenbei New District for over a decade, establishing various sectors such as pig slaughtering, meat processing, commercial circulation, and real estate. These efforts have played a crucial role in promoting regional economic development. Among these, the Yurun Global Procurement Center project has garnered the most attention from the public. Covering an area of 1536 acres, the center has attracted over 1500 merchants and developed into sectors including fruits and vegetables, meat, seafood, aquatic products, groceries, cold chain, and city distribution. It handles nearly 1 million tons of transactions annually, with a yearly transaction volume exceeding 10 billion yuan, making it an important agricultural product display and trading platform in Shenyang and the entire northeastern region.
In addition to the newly commenced international agricultural products trading center project, Yurun Group plans to invest an additional 4.5 billion yuan to comprehensively upgrade its existing projects and land holdings. This includes establishing seven primary markets for fruits, vegetables, meat, grains and oils, groceries, frozen products, and seafood, fully cooperating with the government to relocate and accommodate old markets in urban areas. The plan aims to develop Shenyang Yurun Agricultural Products into the most advanced trading model, with the most comprehensive procurement categories and the highest-end property services within three to five years, transforming it into a modern urban supply and distribution center.
Once the project operates at full capacity, it is expected to accommodate approximately 10,000 business entities, create new employment opportunities, and engage about 100,000 industry practitioners, with an annual transaction volume of 10 million tons and an annual transaction value of 100 billion yuan. This will make a significant contribution to Shenyang’s economic development, especially in promoting industrial restructuring, ensuring the supply of agricultural and sideline products, and driving agricultural industrialization.
