In the fourth quarter of 2019, Shanghai Yuqi and Guangyang District of Langfang, Hebei Province, have reached a cooperation intention for "Yuqi North China headquarters and R & D trade logistics center project", which will carry out the whole project investment, construction, later operation and management of the project. Yu Qi's team combines e-commerce with new retail, cloud platform with big data, artificial intelligence and automation, and integrates them into the Internet of things with effective supply chain management to form an intelligent IOT system planned by the entire R & D trade logistics center. The project covers an area of 88970 square meters . The total investment is 550 million yuan and the total construction area is about 143157 square meters.