Hebei, China – [June 6, 2024] – Skyvast Corporation, in its continuous effort to explore and expand agri-innovation opportunities, organized a visit to Shouheng Group. This visit builds upon the initial trip in March 2024, where Skyvast’s leadership, including Group Chairman Shawn Tan and Niqman Rafaee M. Sahar, Minister Counselor for the Malaysian Embassy in China, engaged with Mr. Zhang Zefeng, Party Secretary of the Hebei Commerce Department.
In the recent trip, the delegation, led by Roni Mustapha, Managing Partner of Skyvast, and accompanied by representatives from FGV Holdings Berhad, continued their in-depth discussions about potential collaboration under the RCEP framework.
The delegation toured Shouheng’s Gaobeidian market, focusing on the imported fruit trading area and the pre-prepared food industrial park. They gained insights into the sales performance of Malaysian agricultural products and the operational dynamics of the industrial park.
During a subsequent meeting, Shouheng Group President Wei Shujian provided an overview of the company’s growth and key business areas, which include bulk agricultural products wholesale, advanced agricultural processing, cross-border trade, fresh produce e-commerce, and food cultural initiatives. Shouheng Group’s operations now span over 40 countries, with the Gaobeidian market serving as a key northern hub for imported fruits.
Niqman Rafaee M. Sahar, Minister Counselor for the Malaysian Embassy in China, highlighted the robust trade relations between Malaysia and China, marking the 50th anniversary of diplomatic ties. He expressed hopes for enhanced trade cooperation under the RCEP agreement and invited Shouheng to participate in the Malaysian Halal Expo and Malaysia-China Summit.
Salman Ghazali, Group Chief Strategy Officer of FGV Holdings Berhad, praised Shouheng’s achievements in international trade and food processing. He anticipates deeper cooperation through cross-border e-commerce platforms.
Officials from the Hebei Provincial Department of Commerce, Baoding City Government, and Gaobeidian City Government also joined the discussions.
About Shouheng Group
Shouheng Group is a prominent player in the logistics and supply chain management sector, focusing on agriculture-based product logistics parks that facilitate agricultural product trading. Founded in 2010, Shouheng Group has grown significantly, establishing a strong presence in international trade and food processing. The company is dedicated to enhancing global agricultural product distribution and building sustainable, efficient logistics systems.
About FGV Holdings Berhad
FGV Holdings Berhad, formerly known as Felda Global Ventures Holdings Berhad, is one of Malaysia’s largest diversified agribusiness companies and a leading global producer of palm oil. Founded in 2007, FGV Holdings Berhad has expanded its operations across various sectors, including plantations, sugar, logistics, and other support businesses. The company is committed to sustainable practices and innovation, ensuring responsible production and supply chain management.
About RCEP
The Regional Comprehensive Economic Partnership (RCEP) is a free trade agreement among 15 Asia-Pacific nations, including China and Malaysia. It aims to reduce tariffs, facilitate trade, and strengthen economic ties among member countries. RCEP covers a wide range of economic sectors and is designed to create a more integrated and efficient economic framework in the region.
Findings and Opportunities
Skyvast identified significant opportunities in agri-innovation during the visit. The robust international presence of Malaysian agricultural products, such as palm oil, rubber, and tropical fruits, presents a strong foundation for further development. Skyvast plans to explore innovative solutions in agri-tech, including precision farming, AI-driven crop management, and efficient supply chain logistics. These technologies can improve yield, reduce waste, and ensure sustainable agricultural practices.
Additionally, building a green international logistics system to support the smooth flow of agricultural products is a key focus. By leveraging these advancements, Skyvast aims to enhance the quality and productivity of Malaysian agricultural products, contributing to long-term economic benefits and food security.