Business
Reitar Logtech Allocates Up to USD 1.5 Billion in Bitcoin Reserves to Food Supply Chain and Announces Establishment of Pine Forest Holdings
Building a Full-Chain Smart Agriculture Ecosystem HONG KONG, July 07, 2025 (GLOBE NEWSWIRE) -- As a pioneer in smart logistics and supply chain innovation,
About this update from Reitar Logtech Holdings Limited
[{"type":"text","content":"Building a Full-Chain Smart Agriculture Ecosystem\nHONG KONG, July 07, 2025 (GLOBE NEWSWIRE) -- As a pioneer in smart logistics and supply chain innovation, Reitar Logtech (NASDAQ: RITR), building on its previously announced Bitcoin reserve strategy, today officially announced the establishment of its wholly owned subsidiary, Pine Forest Holdings Limited (“Pine Forest Holdings”). 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. Direct Sourcing from Origin to Local Sales In collaboration with Rich Harvest Agricultural Produce Limited—an Asian leader in smart agriculture and a strategic partner of Reitar—Pine Forest Holdings will integrate approximately 1,333 hectares (20,000 mu) 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. Intelligent Cold Chain and Diversified Processing to Ensure Safety and Freshness 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. Technological Innovation: Building a Smart Agriculture Ecosystem 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 ef...