Zhejiang International E-Commerce Holdings Co.,Ltd.

Zhejiang International E-commerce Holding Co., Ltd. (hereinafter referred to as Zjiec ) was established in January 2017. It is a wholly-owned subsidiary of Zhejiang International Trade Group Co., Ltd. (hereinafter referred to as ZIB Group ), headquartered in Hangzhou. A number of subsidiaries have been established in Ningbo, Wenzhou, Jiaxing, Huzhou, Jinhua, Taizhou and Hong Kong. The main business is foreign trade import and export, which extends to various overseas marketing services, cross-border supply chains and retail services.The parent company ZIB Group is a wholly state-owned company invested and established by the Zhejiang Provincial Government. It is mainly engaged in the three major industries of commerce and trade, financial services, and life and health. It has more than 300 holding companies and holds listed companies such as Zhejiang Oriental (SH600120) and Intemedic Group (SZ000411) ), Kang Enbei (SH600572), Yilida (SZ002686), with 35,000 employees. In 2020, the group ranks 304th among the top 500 Chinese enterprises.Zjiec focuses on the One Belt, One Road initiative and the strategy of opening and strengthening provinces , based on the development characteristics of digitization. The company’s vision is to become the leading player to promote cross-border trade in new generation.In the future, ZJIEC will continue to fully play to the advantages of resource integration to create a mutual way of domestic and foreign trade.