Fanyuan International Announcement: The company's indirectly wholly-owned subsidiary, Hangzhou Fanyuan International Logistics Co., Ltd., recently received a notification from Shenzhen Yida Tong Supply Chain Service Co., Ltd., that Hangzhou Fanyuan successfully won the bid for the alibaba International Station East China Center warehouse business. According to the service content, Hangzhou Fanyuan will rely on the Yiwu Center warehouse to cover the entire East China region, providing warehouse operation services for alibaba International Station merchants, including but not limited to receiving customer parcels, security checks, packaging, invoicing, delivery verification, consolidated shipping, storage, and other services.