Reitar Logtech (RITR)announced the establishment of its wholly owned subsidiary, Pine Forest Holdings Limited. Pine Forest Holdings will focus on the vertically integrated food supply chain, offering seamless integration from food sourcing, cold chain logistics, prepared food and food manufacturing, to local sales. This milestone marks the comprehensive realization of the Group’s smart agriculture and food supply chain ecosystem. In collaboration with Rich Harvest Agricultural Produce, Pine Forest Holdings will integrate approximately 1,333 hectares across eight agricultural bases in mainland China. These bases supply a wide range of products including vegetables, fresh produce, beef, pork, lamb, and eggs, enabling direct delivery from origin to Hong Kong markets. Pine Forest Holdings has also secured strategic partnerships with major local markets to promote the food supply chain’s implementation and jointly build an efficient, transparent smart agriculture ecosystem. The Group will consolidate its entire food supply chain within Reitar Logtech’s automated cold chain warehouse in Kwai Chung, with a total area exceeding 200,000 square feet, enabling centralized cold storage and secondary distribution. This ensures food safety and freshness from the place of origin to consumers’ tables. Pine Forest Holdings is also actively expanding its prepared food and food processing operations to further diversify local food supply. Pine Forest Holdings will fully apply Reitar Logtech’s three core technological innovations: Blockchain Traceability: Recording comprehensive data from origin, processing, transportation, to sales, enhancing transparency and food safety. Digital Payment Integration: Exploring compliant stablecoin payment systems to optimize capital flow and improve supply chain financial efficiency. Intelligent Cold Chain Management: Utilizing IoT and AI technologies for real-time monitoring of temperature, inventory, and transportation, ensuring product quality. Reitar Logtech has launched a digital asset reserve strategy totaling up to $1.5N, and plans to introduce its proprietary RBTC token and RHKD stablecoin, both anchored by Bitcoin. In the future, RBTC and RHKD will serve as key payment and settlement tools within the supply chain finance and Reitar ecosystem, enhancing liquidity and transparency, and pioneering a new paradigm of deep integration between blockchain finance and the real economy.
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