Trucpal Newsletter — March 2023

Trucpal
4 min readApr 4, 2023

“The best time to plant a tree is 20 years ago. The second-best time is now.” — Dambisa Moyo

30 years ago, Nvidia was founded; Tesla Motors was founded 20 years ago; the Bitcoin network was launched 13 years ago; Ethereum originally conceptualized was 10 years ago; Openai was founded 8 years ago; in this world, technology development has been accelerating, and the future was actually seeded more than 10 years ago.

HGC was established seven years ago and has been in a relentless pursuit of innovation ever since. Through seven years of R&D exploration and non-stop iteration, we have successfully issued the Trucpal token in 2022 and designed ecological incentives to integrate the token into the HGC SaaS transportation ecosystem. As a result, the tree of HGC is growing rapidly, and more trees are being carried and planted, taking root and growing into a flourishing ecosystem.

Trucpal Operation Data:

The results of our efforts speak for themselves, with Trucpal’s total transaction volume in March exceeding RMB100 million, a significant milestone figure for us. In just 25 months after Trucpal system was launched, the monthly trading volume of the system has grown from RMB5 million to RMB100 million, an increase of 20 times. The number of Trucbook registrations has grown from 1,500 to 19,800, an increase of more than 13 times. The number of customers and the average customer trading volume are growing rapidly in parallel. With traditional Chinese companies striving to transform and upgrade to the digital economy in 2023, Trucpal SaaS service provides SMEs and individuals with the convenience of upgrading to the digital economy at the right time, stepping into a period of rapid development.

(Trucpal System Dashboard — 04/04/2023 Data)

Trucpal achieves First-Ever Blockchain-Powered Dividend Distribution on INX platform

Moreover, we are proud to announce that Trucpal achieved the first-ever blockchain-powered dividend distribution on the INX platform. With the help of the Magic Circle team and the INX Exchange, we successfully validated the entire process, from preparation and issuance to delivering the first dividend to investors. This global first of its kind represents the next evolution in digital asset investing, providing issuers with the potential to reduce operating costs, engage more deeply with investors, and raise capital, while also providing investors with liquidity and the ability to create unprecedented wealth.

(INX Announcement)

Business Expansion: New Regional Partner Signing Completed

Additionally, we have completed the signing of a new regional partner in Nanjing, representing the upcoming start of Trucpal’s business in the Yangtze River Delta region. Before the contract was completed, the Nanjing operation team of 5 people had been in Guangzhou for a week for operation and customer development training. Both parties will then conduct business research and platform system access for the system. Service to customers is expected to start in May. The Yangtze River Delta region is one of the regions with the most active economic development, the highest degree of openness, and the most substantial innovation capacity in China. The scale of production is pivotal, with several industries in the manufacturing sector occupying a pillar position in China, the high-tech industry developing rapidly, and the digital economy continues to grow; the domestic demand market is highly active, contributing about 24% of the regional GDP in 2022 with about 17% of the country’s resident population. This expansion represents a significant opportunity for Trucpal to realize its potential in terms of revenue, branding, and business development.

Embrace Technology, Improve Business Efficiency

As we embrace technology and improve business efficiency, we are leveraging the release of ChatGPT4 and its supporting plugins to accelerate code development and the application of intelligent customer service. By exploring the application of artificial intelligence in the truck transportation industry, we aim to provide more value-added services, create more revenue, and attract more ecological users to join the system, promoting the growth flywheel of transportation capacity ecology.

(System development with ChatGPT)

At Trucpal, we are proud to be pioneers in the entrepreneurial business of the Chinese freight logistics industry, breaking with tradition, creating industry differences, and becoming a leading innovative enterprise in multiple fields. We owe our success to our users, partners, and investors, who have accompanied us on this journey and witnessed the growth of Trucpal together.

We will continue to plant earnestly, water diligently, and cultivate with care to ensure that Trucpal remains at the forefront of technological innovation and ecological sustainability.

April 4, 2023, Trucpal Team

HGC Official Website:http://www.wehgc.com

Twitter:@trucpal

Telegram:https://t.me/TrucpalCommunity

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Trucpal

Revolutionizing China’s trucking industry through SaaS technology.