COFCO Group established YiCai Technology Company, which includes intelligent agricultural management business.

According to the business information app Qi Cha Cha, recently, China National Cereals, Oils and Foodstuffs Corporation (COFCO) Technology Co., Ltd. was established, with Feng Youhua serving as the legal representative. The registered capital is 50 million RMB, and the business scope includes supply chain management services, smart agriculture management, blockchain technology-related software and services, artificial intelligence public data platforms, etc. Shareholding data from Qi Cha Cha shows that the company is wholly owned by COFCO Group.