The rapid development of the Vietnamese economy has attracted the attention of many international enterprises. On May 30th, U-Tour, one of Sellers Union Group's subsidiaries, organized a team of 20 representatives from the Group and cooperating suppliers started a 6-day business trip to Vietnam. This trip will provide valuable opportunities for the Group to expand overseas markets.

During the trip, the delegation visited the Zhejiang Chamber of Commerce in Vietnam and had discussions and exchanges with Secretary General Zhou Shibing on some issues such as the investment environment in Vietnam. In order to explore industrial development trends and potential cooperation opportunities, the delegation visited Vietnam Lighting Factory, Vietnam Garment Factory, Vietnam Rattan Weaving Outdoor Home Furniture Exhibition Hall, Loctek Longjiang Industrial Park Factory and Vietnam Furniture Factory. Moreover, after visiting the Ho Chi Minh Home Furnishings and Gifts Exhibition, the representatives held an internal review meeting to summarize the inspection results. In Ho Chi Minh, the delegation conducted a market research and experienced the atmosphere of Vietnamese Culture.

On June 9th, the Group organized a meeting to discuss the business trip to Vietnam. Nine representatives and some partner representatives participated in the meeting. Patrick Xu, the President of the Group, and Market Research Department attended the meeting. The representatives stated that, as an emerging force, Vietnam deserves vigorous expansion from both strategic and practical perspectives. In the near future, the Group will comprehensively consider various situations and make strategic plans to empower the development of subsidiaries and ecological enterprises.

This business trip to Vietnam not only enhanced the connection between the Group and the Zhejiang Chamber of Commerce in Vietnam and cooperating partners, but also helped the delegation gain a deeper understanding of Vietnam's investment environment and the current status of various industries, which provided strong support for the Group to find partners and expand business. Furthermore, the trip provided important reference and insights for exploring Vietnam and other overseas markets, and laid a solid foundation for future cooperation.