On the morning of September 14th, 2024, Zhang Juan, General Manager of China Export & Credit Insurance Corporation (Sinosure) Ningbo Branch, and her delegation visited the Group for research. Xu Pingju, Hou Liuhong, and Zhu Ling, the leaders from the Group accompanied the research. The leaders from Sinosure visited the corporate culture exhibition hall and product display center to understand the development history, business ecology layout, and corporate culture construction of the Group.

President Xu Pingju introduced the overall business operation situation from January to August. Our group achieved average double-digit growth in three tracks: general trade B2B, cross-border e-commerce B2C, and ecosystem business, with good growth rates in some markets and business areas. President Xu Pingju stated that our Group is an innovation-driven daily consumer goods import and export group, which is currently actively building a symbiotic organization around the the business ecosystem, focusing on creating a corporate culture that matches the Group. In the new stage of development, we have put forward a new mission and vision, committed to building a cross-border ecological platform across all formats, all models, all categories, all channels, and all over the world, implementing the five new strategies including new species, new tracks, new scenarios, new technologies, and new tactics, with the goal of striving to achieve a revenue scale of 10 billion US dollars in the next 10 years.

Sinosure Ningbo Branch has always provided great support and assistance to Sellers Union Group in market development and risk management, especially in the current rapidly changing international market environment. General Manager Zhang Juan led a team to conduct in-depth research on the Group and listened to the difficulties and needs faced by the Group. We express our sincere gratitude for this. We hope that Sinosure Ningbo Branch can provide better support and guidance in risk warning, limit application, policy rates and other aspects, to help the Group achieve higher quality and more sustainable business development. Both sides also exchanged views on regional market special risks, innovative business risks and response measures such as cross-border e-commerce platform insurance and overseas warehouse business, and exchanged opinions on the processes that can be optimized in their daily work.

General Manager Zhang Juan highly recognizes the corporate culture of the Group and admires our steady and rapid development over the past 27 years. She is very optimistic about the future development space and potential of Sellers Union Group and put forward relevant opinions and suggestions on key market development, risk control system improvement, and new business models and innovative business cooperation. General Manager Zhang Juan stated that Sinosure is a national-policy-based export credit insurance company, and is willing to continue to help excellent enterprises such as Sellers Union Group actively explore the market, and will continue to provide policy support to safeguard the future development of many Ningbo foreign trade enterprises.