Warehousing is the most important part of the chemical industry chain. Compared with ordinary goods, the chemical products require more stringent safety, professionalism and efficiency standards. The Company requires warehouse owners to conduct regular safety drills, safety supervision and fire safety audits in accordance with national standards, and strictly implement warehouse management measures including in-out records and verification. We constantly monitor and track adherence to any new laws and regulations regarding warehousing and logistics safety. Any notification of the latest laws, regulations and safety accidents will be sent to logistics companies and suppliers to enhance their awareness of safety responsibility. No work injury occurred during 2019.
In the second quarter of 2019, we officially launched the MOLBASE Guangzhou cloud warehouse, which is led and outfitted with professionals to carry out high-standard warehouse management. Through the use of emerging Internet technologies such as the Internet of Things, cloud computing, and Big Data, MOLBASE cloud warehouse has functionality including intelligent goods management, goods information management, and intelligent transceiver management. The cloud warehouse is also configured with a real-time monitoring system, which can remotely monitor the physical objects in the warehouse and track individual goods’ data to ensure its storage safety.
Cloud data visualization center
Facing the difficulties caused by the separation of production and sales in the industry and with the aim of making chemical transaction simple and easy, the Company officially launched the "chemical transport circle" supply chain platform in 2019, providing transportation, warehousing and packaging services and value-added services including high-efficiency transaction matching, logistics in-transit supervision, cloud TMS (Transportation Management System), and financial services for chemical producers, traders and logistics companies. The platform also provides users with an intuitive user experience that requires no up-front training to implement and use, enabling suppliers and logistics companies to conduct transaction with high efficiency.
"chemical transport circle" supply chain platformBack to ESG Governance page