Qingdao Jinwang said on the interactive platform that the main settlement method for export business is the International Capital Clearing system (SWIFT) provided by financial institutions. With the launch of the RMB cross-border payment system (Cross-border Interbank Payment System, referred to as CIPS system), part of the company's business is also paid through the CIPS system provided by banks.
青岛金王：公司部分业务通过银行提供的CIPS系统支付
Qingdao Jinwang: part of the company's business is paid through the CIPS system provided by the bank.
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