China Construction announced the establishment of Chinese-built Eight China Supply Chain Technology Co., Ltd., with a registered capital of RMB 3 billion. The new company will focus on supply chain management services, internet equipment sales, blockchain technology and digital technology services, with a wholly-owned stake in China Construction.

This initiative aims to improve supply chain management efficiency through digitalization and blockchain technologies, driving the digital transformation of enterprises, helping China Construction to improve the efficiency and effectiveness of supply chain management, thereby improving overall operational efficiency. (ta/cy)