Project Description
Jiangsu Linghao was established in 2015 and provides digital industrial logistics solutions, named Zhitong 3000 which are fully chain-link solutions based on end-to-end business. Its technology has not just offered a digital freight trading platform that has transformed traditional transportation agencies, but also effectively reduced logistics costs. The technology has improved the logistic supply chain process transparency and digital management visibility. As a result, the risks of losing cargo and goods in transit including any intentional crime are properly managed and under control.
The key features in its technology include intelligent scheduling, online settlements, capacity consolidating, core scheduling algorithms that help to allocate vehicles to enterprises in real time, to complete transactions online between enterprises and drivers, to plan transportation routes digitally, and to automatically match cargo needs with the capacity and space availability. It ultimately benefits both ends of business as delivery efficiency is tremendously improved through the application of its technology.
Products and Services Offered
| Products / Services | Explanation |
| Zhitong 3000 Smart logistic and transportation services platform | Inter-connecting enterprises, drivers, cargo and destinations for online and real time freight business engagement |
| Beidou Navigation Services Platform | Positioning and location tracking and IoT communication specially integrate with bulk logistic and freight management |
| Vehicle-mounted dynamic weighing system | Application of vehicle-mounted weighing sensors and AI algorithms, edge computing, and instant messaging technologies to capture high precision weight measurement. It is world class standard patented technology achieve variance tolerance of 3% |
| Smart weight and cloud scaling room system | Cloud base weight data capturing for more accurate billing and settlement. It compiles statistical data for companies’ goods sales and procurement status. |
| Supply Chain Financing | Combine the application of online digital logistics, digital payment, and big data assets accumulated from upstream and downstream in collaboration with banks and other financial institutions to form effective supply chain financing solutions |
| Renewable Energy Technology | New energy trucks for leasing and solutions for power transmitting |
Value Proposition
It is AI driven cutting-edge technology integrating hardware and software to create strong connectivity among the businesses to eliminate hurdles such as traffic jam, unequal loading or contingent crime for better trust and efficiency of the industry and supply chain, hence to protect the interests of businesses engaged in the process.
Mission
To grow the global logistics supply chain through technical innovation and digital connectivity development.
Vision
To become an industrial community platform that eventually turns into a smart automated value chain ecosystem through digital connection.
Competitive Advantage
1. Unique business model
The company is a benchmark enterprise in the field of smart logistics, providing comprehensive logistics services to enterprises. To differentiate from other platform players such as Manbang and Fuyou, the company operates on an unique partnership model to provide high-quality and reliable digital logistics services for enterprises. In addition, the company closely grasps the development trend of innovation and technology, digitalization and cleanliness in the logistics industry, directly addresses the pain points of the industry, and provides enterprises with solutions covering various logistics relevant scenarios (such as intelligent weighing, navigation, engineering, new energy, etc.) at the same time, provides a combination of software and hardware products. It is the only service provider in the smart logistics industry that truly achieves “logistics + technology”.
2. Rapid growth
The company’s Gross Transaction Value (GTV) compound growth rate has reach 30% from 2021 to 2023, and the compound growth rate of operating income will reach 60%. The GTV is still expected to achieve a growth of more than 20%, and operating income can achieve a growth of more than 30%. At the same time, with the enrichment of the company’s product matrix in 2023, the revenue potential brought by new business formats is expected to be quickly released in the future.
3. Internal strength
The company’s digital trading platform has grown 214 times in seven years and has passed the break-even turning point. The current platform revenue has reached almost RMB 10 billion. With the established operation team providing strong internal technical and service support, the company’s operations have become systematic and standardized to achieve sustainable growth.
4. Entry barrier
The barriers to market entry for potential entrants or substitute products are relatively high. Even if a competitor is well-funded, developing a comprehensive system and network of enterprise users takes time and effort. The company’s core advantage lies in the combination of software and hardware and its expertise in big data integration of algorithms. At present, Zhitong 3000 ranks the first in channel outlets and diversified products in the country with professional talents being fully deployed. As the company’s product development continues to evolve and the GT grows rapidly, it is very hard for newly developed products to compete with Zhitong 3000.
