On April 24th, Gong Xudong, Deputy General Manager of China Telecom Ningbo Branch visited Sellers Union Group. Fang Yongqiang, Vice President of the Group, and Ji Fujian, Deputy General Manager of Information Technology Department, warmly welcomed the delegation. Mr. Gong first visited the Group’s cultural exhibition hall. Mr. Gong expressed great appreciation for the high-quality development of the Group and showed strong interest in the Group's new products and services.

At the symposium, both parties conducted in-depth discussions on customer experience, team achievement presentation and information technology application in various work scenarios. Mr. Fang introduced the Group’s "Trade Digitalization Research Institute" to the visiting guests. The research institute will be equipped with an authoritative expert team and first-class hardware facilities, dedicated to deeply exploring the data value in the trade field, providing data support and decision-making suggestions for government and enterprises, promoting industrial upgrading and transformation, and injecting new wisdom and vitality into China's digital strategic blueprint.

Subsequently, the Group and China Telecom Ningbo Branch jointly signed the framework agreement for strategic cooperation between the two parties. Both parties will carry out long-term cooperation at the corresponding level and subsidiary level within Ningbo (Zhejiang Province) in various aspects such as brand cooperation, business cooperation, network upgrade, network security, cloud services, information technology and 5G customized network, especially in the fields of big data applications, 5G technology, and network security. Both parties will strengthen communication and learning, and jointly explore new models of industry research and customized applications.

In February of this year, the business hall of the Yangfan Branch of China Telecom has established active cooperation with the Group, and signed an agreement to settle on the first floor of Sellers Innovation Building by providing some network hardware facilities for free. Next, both parties will utilize respective advantageous resources to engage in in-depth cooperation in various projects such as Telecom integration of business and customer and U-Tour Trip's participation in the Telecom Group's tourism services, internet system testing and evaluation, comprehensive cloud services and network security services.

This strategic cooperation has opened up a multi-field, multi-dimension and significant channel for future cooperation between the Group and China Telecom Ningbo Branch. Both parties will explore new ideas and solutions, and create more new industrial opportunities through technical communications and talent exchanges.