Reitar Logtech Holdings Signs Strategic MOU with Rich Harvest Agricultural Produce Limited
Reitar Logtech Holdings (NASDAQ: RITR) has signed a strategic MOU with Rich Harvest Agricultural Produce Limited to develop an integrated agricultural supply chain ecosystem. The collaboration aims to combine blockchain traceability, digital payments, and smart cold chain technology.
Rich Harvest operates eight farming bases across China spanning 1,333 hectares. The implementation will begin in Q4 2025 with a pilot project exporting 30 tons of fresh food daily from Rich Harvest's Guizhou farm to Hong Kong, utilizing Reitar's cold storage facility in Kwai Chung. Phase 2, targeted for Q1 2026, will focus on integrating Hong Kong retailers into the digital payment system and upgrading cold chain fleets with blockchain temperature control.
Reitar Logtech Holdings (NASDAQ: RITR) ha firmato un memorandum d'intesa strategico con Rich Harvest Agricultural Produce Limited per sviluppare un ecosistema integrato della catena di approvvigionamento agricola. La collaborazione punta a combinare la tracciabilità tramite blockchain, i pagamenti digitali e la tecnologia intelligente per la catena del freddo.
Rich Harvest gestisce otto basi agricole in tutta la Cina che coprono 1.333 ettari. L'implementazione inizierà nel quarto trimestre del 2025 con un progetto pilota che prevede l'esportazione di 30 tonnellate di prodotti freschi al giorno dalla fattoria di Guizhou di Rich Harvest a Hong Kong, utilizzando la struttura di stoccaggio a freddo di Reitar a Kwai Chung. La Fase 2, prevista per il primo trimestre del 2026, si concentrerà sull'integrazione dei rivenditori di Hong Kong nel sistema di pagamento digitale e sull'aggiornamento delle flotte della catena del freddo con il controllo della temperatura basato su blockchain.
Reitar Logtech Holdings (NASDAQ: RITR) ha firmado un memorando de entendimiento estratégico con Rich Harvest Agricultural Produce Limited para desarrollar un ecosistema integrado de la cadena de suministro agrícola. La colaboración busca combinar la trazabilidad mediante blockchain, los pagos digitales y la tecnología inteligente para la cadena de frío.
Rich Harvest opera ocho bases agrícolas en toda China que abarcan 1.333 hectáreas. La implementación comenzará en el cuarto trimestre de 2025 con un proyecto piloto que exportará 30 toneladas diarias de alimentos frescos desde la granja de Guizhou de Rich Harvest hacia Hong Kong, utilizando la instalación de almacenamiento en frío de Reitar en Kwai Chung. La Fase 2, prevista para el primer trimestre de 2026, se centrará en integrar a los minoristas de Hong Kong en el sistema de pagos digitales y en actualizar las flotas de la cadena de frío con control de temperatura basado en blockchain.
Reitar Logtech Holdings (NASDAQ: RITR)는 Rich Harvest Agricultural Produce Limited와 전략적 양해각서(MOU)를 체결하여 통합 농업 공급망 생태계를 개발하기로 했습니다. 이번 협력은 블록체인 추적성, 디지털 결제, 스마트 콜드체인 기술을 결합하는 것을 목표로 합니다.
Rich Harvest는 중국 전역에 걸쳐 1,333헥타르 규모의 8개 농장 기지를 운영하고 있습니다. 실행은 2025년 4분기에 시작되며, Rich Harvest의 구이저우 농장에서 홍콩으로 매일 30톤의 신선 식품을 수출하는 파일럿 프로젝트가 포함됩니다. 이 과정에서 Reitar의 콜드 스토리지 시설인 콰이충이 활용됩니다. 2단계는 2026년 1분기에 예정되어 있으며, 홍콩 소매업체를 디지털 결제 시스템에 통합하고 블록체인 기반 온도 제어 기능을 갖춘 콜드체인 차량을 업그레이드하는 데 중점을 둘 예정입니다.
Reitar Logtech Holdings (NASDAQ : RITR) a signé un protocole d'accord stratégique avec Rich Harvest Agricultural Produce Limited pour développer un écosystème intégré de chaîne d'approvisionnement agricole. Cette collaboration vise à combiner la traçabilité blockchain, les paiements numériques et la technologie intelligente de la chaîne du froid.
Rich Harvest exploite huit bases agricoles à travers la Chine couvrant 1 333 hectares. La mise en œuvre débutera au quatrième trimestre 2025 avec un projet pilote exportant 30 tonnes de produits frais par jour de la ferme de Guizhou de Rich Harvest vers Hong Kong, en utilisant l'installation de stockage frigorifique de Reitar à Kwai Chung. La phase 2, prévue pour le premier trimestre 2026, se concentrera sur l'intégration des détaillants de Hong Kong dans le système de paiement numérique et la mise à niveau des flottes de la chaîne du froid avec un contrôle de température basé sur la blockchain.
Reitar Logtech Holdings (NASDAQ: RITR) hat eine strategische Absichtserklärung mit Rich Harvest Agricultural Produce Limited unterzeichnet, um ein integriertes landwirtschaftliches Lieferketten-Ökosystem zu entwickeln. Die Zusammenarbeit zielt darauf ab, Blockchain-Rückverfolgbarkeit, digitale Zahlungen und intelligente Kühlketten-Technologie zu kombinieren.
Rich Harvest betreibt acht landwirtschaftliche Standorte in ganz China mit einer Fläche von 1.333 Hektar. Die Umsetzung beginnt im 4. Quartal 2025 mit einem Pilotprojekt, das täglich 30 Tonnen Frischwaren von Rich Harvests Farm in Guizhou nach Hongkong exportiert und dabei Reitars Kühlhaus in Kwai Chung nutzt. Phase 2, geplant für das 1. Quartal 2026, konzentriert sich auf die Integration von Einzelhändlern in Hongkong in das digitale Zahlungssystem und die Aufrüstung der Kühlkettenflotten mit blockchain-basierter Temperaturkontrolle.
- Strategic partnership combines Rich Harvest's extensive farming operations (1,333 hectares) with Reitar's cold chain technology
- Pilot project will handle significant volume of 30 tons daily fresh food exports
- Integration of blockchain technology and digital payments could improve supply chain efficiency
- Access to Reitar's automated cold storage facilities in Kwai Chung enhances distribution capabilities
- Implementation timeline extends into Q1 2026, indicating lengthy deployment period
- Digital payment solutions and stablecoin integration subject to regulatory approvals
- Success depends on effective integration of multiple complex technologies (blockchain, IoT, cold chain)
Insights
Reitar's strategic MOU with Rich Harvest integrates blockchain, stablecoin payments, and smart cold chain, expanding their technology ecosystem.
This MOU between Reitar Logtech and Rich Harvest represents a strategic expansion of Reitar's technology footprint into the agricultural supply chain sector. The partnership aims to combine Reitar's logistics technology expertise with Rich Harvest's extensive agricultural operations spanning 1,333 hectares across eight farming bases in China.
The collaboration has three core technical components that create potential synergies: 1) A blockchain traceability system to enhance supply chain visibility; 2) Digital payment integration including a stablecoin system for automated settlements; and 3) Smart cold chain integration leveraging IoT sensors and Reitar's existing cold storage facilities.
What makes this notable is the phased implementation approach with tangible metrics - starting with a Q4 2025 pilot moving approximately 30 tons of fresh food daily from Rich Harvest's Guizhou farm to Hong Kong through Reitar's Kwai Chung cold storage facility. The second phase targeting Q1 2026 focuses on commercial deployment by onboarding Hong Kong retailers to the digital payment system.
The agricultural focus provides Reitar with access to a new vertical market while allowing them to leverage their existing cold chain infrastructure. However, the MOU is non-binding and implementation is still months away, with regulatory hurdles potentially affecting the digital payment/stablecoin components. The real value will depend on whether this partnership can translate into measurable revenue streams beyond the initial pilot phase.
Collaborating on Establishing "Blockchain + Stablecoin + Smart Cold Chain" Smart Agricultural Ecosystem
HONG KONG, June 26, 2025 (GLOBE NEWSWIRE) -- Reitar Logtech Holdings Limited (NASDAQ: RITR) (“Reitar” or the “Company”), a pioneer in providing comprehensive "Property Logistics Technology (PLT)" solutions, today announced the signing of a strategic Memorandum of Understanding (the “MOU”) with Rich Harvest Agricultural Produce Limited (“Rich Harvest”), a leading Asian smart agriculture enterprise. With eight farming bases in China covering over 1,333 hectares (20,000 mu), the two parties intend to explore collaboration opportunities integrating blockchain traceability technology, digital payment solutions, and smart cold chain technology in cross-border agricultural supply chains to jointly build an innovative agricultural supply chain ecosystem.
Collaboration Overview
The parties plan to develop an integrated technology platform combining a blockchain-based traceability system with automated cold chain infrastructure. Rich Harvest operates eight farming bases in the mainland, located in Ningxia, Guizhou, Henan, Hebei, Jiangxi, Xinjiang, Heilongjiang, and Guangdong Qingxin, spanning over 1,333 hectares (20,000 mu), and has established a "farm-to-table" traceability system based on barcode and RFID tracking. Under the proposed collaboration, Rich Harvest will leverage Reitar's expertise in automated cold chain infrastructure and technical solutions to achieve the following synergies:
- IoT sensing technology for real-time monitoring
- Access to Reitar’s large automated cold storage facilities in Kwai Chung
- Introduction of blockchain smart contract-driven tokenized supply chain finance to optimize capital flow efficiency in agricultural supply chains
Strategic Framework
According to the MOU, the two parties intend to explore three collaboration areas:
- Blockchain Traceability System Development: Jointly develop a blockchain system for recording farming, harvesting, transportation and sales data to enhance end-to-end visibility in the supply chain.
- Digital Payment Integration: Subject to applicable regulatory approvals and requirements, explore the deployment of digital payment solutions including the Company's proposed stablecoin payment system to automate settlement processes.
- Smart Cold Chain Integration: Integration of Rich Harvest’s agricultural operations with Reitar’s automated cold storage capabilities and logistics solutions, exploring AI-driven temperature control and inventory management systems.
Implementation Plan
The collaboration will be carried out in phases:
- Phase 1 (targeted for Q4 2025): Launch a pilot project to export approximately 30 tons of fresh food daily from Rich Harvest's Guizhou farm to Hong Kong, including vegetables, fruits, chickens, ducks, gooses, lambs, pork & beef. Deploy IoT sensors at harvesting and packaging stages and connect to Reitar's large cold storage facility in Kwai Chung as the central cold chain storage and distribution hub.
- Phase 2 (targeted for Q1 2026): On one hand, onboard Hong Kong supermarkets and wet markets to the digital payment system to promote real-world application of the stablecoin at the retail end; on the other, retrofit cold chain fleets with blockchain temperature control for safer transport.
This strategic collaboration demonstrates Reitar's commitment to continuous innovation in the field of smart logistics. Going forward, the two parties will bring more transparent, efficient, and secure agricultural supply chain solutions to the Greater Bay Area and even global markets.
About Rich Harvest Agricultural Produce Limited
Founded in 2006, Rich Harvest is a vertically integrated agriculture enterprise that supplies daily fresh vegetable, fresh fruits, chickens, ducks, gooses, lambs, pork & beef to Hong Kong, Macau, and mainland China. The company operates farming bases across mainland China covering over 1,333 hectares through its “Company + Farmers” model, which provides seeds, organic fertilizers, organic feeds and technical guidance to farming operations. Rich Harvest maintains its ezTRACK platform for full supply chain traceability, with exports complying with SGS international standards and government quality systems.
About Reitar Logtech
Reitar Logtech Holdings Limited (NASDAQ: RITR) went public on NASDAQ in 2024 and is the first comprehensive industry solution provider in Asia focused on "Property + Logistics Technology" (PLT). As an industry pioneer in innovation, the group is committed to the full life cycle management of logistics assets and technology empowerment, building an integrated platform covering investment development, operational management, and digital transformation. Reitar drives innovation through "asset value enhancement" and "technology application," effectively achieving synergistic growth in clients' asset operational efficiency and economic benefits while promoting the efficient allocation and cross-industry integration of logistics industry resources.
For Press Enquiries Strategic Financial Relations Limited Veron Ng Tel：(852) 2864 4831 Shelly Cheng Tel：(852) 2864 4857 Carol Cheung Tel：(852) 2114 2200 Email： sprg_reitar@sprg.com.hk Reitar Logtech Holdings Limited Ms. Crystal Yip Tel：9587 3234 / 3461 3661 Email：crystalyip@reitar.io Ms. Chelsie Tam Tel：6094 3336 / 3461 3750 Email：chelsietam@reitar.io
FAQ
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