Trucpal Newsletter — February 2023
Wealth always lurks in trends, and it’s up to those who are ready to seize the opportunity.
In February, ChatGPT became a hot topic for almost everyone. More and more people feel that digitalization and artificial intelligence are accelerating to become the “masters” of the world. Innovative technologies are constantly changing our businesses and lives. Fortunately, our valued token holders and we are able to participate in the coming wave deeply and actively contribute to change.
Our trading figures reached a new record
On February 25th, Trucpal’s daily trading volume was its highest: RMB3.8M or more than US$550K in a single day. The average daily trading volume in February exceeded RMB3.12M, or more than USD450,000.
This is also the best monthly average daily trading volume in the two years since the system was launched. Moreover, the total trading volume of Trucpal in February exceeded RMB87M, or more than USD12.6M.
All of these figures make us confident about the development of the system and the future growth of the business, and better returns for our investors.
As an industry leader, our influence continues to grow
On February 24, 2023, the annual conference of the China of Logistics and Purchasing Network Freight was held in Xiamen, China. A total of more than 800 freight logistics professionals attended the meeting, breaking the record number of attendees.
We sincerely feel that in the most traditional logistics and transportation industry, more and more conventional operators are facing challenges and pressure, and they are urgently looking for how to transform and upgrade to digitalization and how to squeeze into Noah’s Ark when the digital wave comes, which has become an urgent problem to solve.
“Digitalization of the industry supply chain, reduction of costs and compliance, and integrated supply chain financial services” has been the focus of attention at the annual meeting.
Wendong Zhang, the chief designer of Trucpal System, was invited to make a speech on “Innovation and Exploration in the Era of Network Freight 2.0.- Trucpal Transportation Eco-saaS System”. The company’s “individual + platform” model provides digital solutions to the industry’s perennial problems, such as “tax compliance, high transportation costs, and financing difficulties.” He also proposed the concept that Trucpal SaaS systems can help SMEs in traditional industries upgrade their digital business without the risk and at a lower cost. Many participants recognized this.
After five years of dedicated development of the Trucpal Eco-SaaS system and the operation’s rapid expansion in 2021 and 2022, this conference is the first public presentation at a national industry conference. Not only for the following subscriber development promotion but at the same time through the conference to share exchanges, let Trucpal model get more industry understanding and attention, as well as the support from industry associations.
More opportunities with regional expansion
We invited Trucpal’s operators and partners in Nanjing and Shanghai, i.e., the Yangtze River Delta region, to attend the annual conference of the China of Logistics and Purchasing Network Freight. We also invited them to visit our Guangzhou office to study our business operations. Through the meeting and communication, our partners achieved more recognition of the future cooperation model between the two sides. We believe opening and operating the Nanjing Operating Company can bring more new growth and surprises.
Trucpal has always sought a better balance between robustness and accelerated expansion.
Stable and far-reaching, in the era of digitalization and increasingly strict regulation of industry finance and taxation, the first-mover advantage brought by Trucpal’s years of dedicated research and development is producing results and benefits every day. Be compliant and steadily expand. It is tough to persist in doing the hard and right thing. But, it becomes simpler if you continually emphasize compliance and adhere to it intentionally every day.
Trucpal’s growth trajectory has experienced significant momentum, particularly in February 2023, and we are optimistic about the potential for even more rapid expansion and enhanced investor returns. We sincerely thank all members of our community for your continued support.
Mar 5, 2023, Trucpal Team
