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Bingshan Group Launches Intelligent Vending Machine Business
2017/11/25
Rapid development of cold chain logistics in China is promoting continuous growth in the refrigeration equipment industry. In 2016, the national cold chain logistics market scale reached RMB 220 billion (US$ 33 billion), a year- on-year increase of 22.3%. In the next three years, the market will maintain about 17% growth. Three major products of cold chain logistics, namely cold storage warehouses, freezers, and refrigerated trucks, are expected to grow steadily.
 
Under these market conditions, Bingshan Group has gradually improved five major business fields, the industrial refrigeration and food cold chain in addition to central air conditioning, industry and trade services, and parts and components. Now Bingshan has started a vending ma-chine business utilizing its Internet of Things (IoT) cloud management platform.
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