According to CRI Report, by the end of 2020, global 5G users will exceed 200 million; by the end of 2024, global 5G users will reach 3 billion, and 5G will cover more than half of the world’s mobile communication users. It is estimated that from 2020 to 2024, the global 5G industry chain investment will exceed 3 trillion US dollars. With the global outbreak of COVID-19 since the beginning of 2020, the 5G-related industry chain has been promoted to a certain extent. Offline shopping, offline meetings, and offline teaching have become insecure, making online shopping and online video conferencing , Online teaching, online video playback, live broadcast, etc. are becoming more and more popular. The development of the above-mentioned industries has made users’ demands for bandwidth continue to rise, and traditional 4G networks have become increasingly difficult to adapt to consumer needs. Therefore, the epidemic has actually promoted the development of the 5G industry.

In the development of the 5G industry, ordinary consumers are exposed to terminal devices such as 5G mobile phones and 5G routers, and they have many requirements for the aesthetics and cost performance of these terminal devices. As for mobile communication operators, they pay more attention to the quality of 5G base stations, cables and other related background equipment. For consumers, they may change their phones once a year. Well-known 5G mobile phone brands that have been on the market include Huawei, Samsung, SONY, VIVO, OPPO, etc., while brands such as Apple and Google have launched 5G phones late. For mobile communication operators, considering cost and reliability, it is impossible to replace equipment frequently. Instead, equipment that can operate reliably for 3 years, 5 years or even longer is required. For 5G equipment manufacturers, you may have heard of companies such as Huawei, Ericsson, and Nokia. In fact, the reliable operation of 5G equipment is inseparable from high-quality accessories, such as cables. All kinds of equipment need to be connected through reliable cables to ensure their continuous reliable operation for tens of thousands of hours. According to the analysis of CRI Report, the global telecommunications equipment cable industry market scale is close to 30 billion U.S. dollars in 2019, and will exceed 50 billion U.S. dollars by 2024.

China is one of the world’s major telecommunications equipment cable manufacturers. On the one hand, the world’s well-known cable manufacturers have used a large number of Chinese companies to produce cables. At the same time, Greater China also has many excellent cable manufacturers, such as Huiju Technology (1729.HK). Founded in the 1980s, Huiju Technology (1729.HK) is mainly engaged in cable business. Its customers include major Chinese telecom operators, major global telecom equipment manufacturers, and data center operators. In order to expand its business scope, in June 2020, It acquired Huaxun Industrial (Suzhou) Co., Ltd., which further strengthened the company’s strength in LAN cables (network cables), industrial automation cables, and digital entertainment cables. CRI Report is the industry advisor of this case.

According to CRI Report, with the development of the global and Chinese 5G industry, the Chinese cable industry will also develop further.

The post Hundreds of Million 5G Users Worldwide, Promoting Further Development of the Cable Industry first appeared on CRI Report.

In 2020, the global and Chinese economies have been heavily hit by the COVID-19 epidemic, but certain industries have reversed this trend. According to CRI Report (元哲咨询) and China Customs, from January to July 2020, China’s export volume of fresh oranges reached 37,621 tons, a slight decrease over the same period in 2019, which was caused by the stagnant logistics. From Jan. to July, China’s export of fresh oranges reached US$68.61 million, with a year-on-year increase of 6.9%. The main reason for the rising in exports is the increase in average export prices. Asia Citrus Holdings Limited (00073.HK), listed in Hong Kong, is one of the major exporters of Chinese oranges. On the one hand, Asia Citrus has its own orchards; meanwhile, it uses a model of cooperation with farmers to buy fresh oranges, bananas, dragon fruits and other fruits and resell them after initial processing. On the one hand, with the improvement of the living standards of Chinese residents, the demand for high-quality fruits is also increasing. Therefore, China imports a large amount of oranges, such as SUNKIST, every year. Besides, oranges are divided into multiple varieties because the ripening time varies greatly. In order to fill the gap in the market, other countries also import large amounts of fresh oranges from China every year.

The major producing area of ​​fresh oranges in China is Guangxi, because the climate, soil and other aspects are suitable for the growth of citrus fruits. In addition, fresh orange planting companies such as Asia Citrus have decades of planting experience, mature technology and cooperation models, and have a strong resistance to yellow dragon disease and natural disasters. China’s overall export of fresh oranges has been maintaining an upward trend. Due to the high quality of fresh oranges exported from China, the market positioning is relatively high. For Asia Citrus, the fresh orange business has a good market space. Asia Citrus’s orange business not only includes exports, but also gradually expanded its fruit distribution business in China. Its own brand is Xinyaqi (ROYALSTAR).

Asia Citrus is an outstanding company whose main business is fruit cultivation and distribution. It owns tens of thousands of acres of fresh orange planting base in Hepu, Guangxi. Guangxi is one of the important fruit producing areas in China. The fertile land, mild climate and superior natural conditions are conducive to the cultivation of oranges. At the same time, Guangxi is close to China’s west coast, relying on the inland, and close to Southeast Asia, which is conducive to the development of business in the ASEAN market with a population of 700 million. Asia Citrus was listed on the British AIM in 2005 and Hong Kong in 2009, and then suspended trading on the Hong Kong Stock Exchange in September 2016. Trading resumed smoothly on September 1, 2020. The industry adviser of this resuming is CRI Report.

According to CRI Report, with the recovery and development of the global and Chinese economies, consumer demand for fruits will continue to rise, which will also promote the growth of Asia Citrus.

The post From Jan.to Jul. 2020, China’s orange exports increased by 6.9% YOY, Asian Citrus (00073.HK) Resumed Trading Smoothly first appeared on CRI Report.