According to a report from Zhito Finance App, ZHEJIANGEXPRESS (00576) announced that on December 30, 2024, the company has entered into a framework agreement for human resources business outsourcing services with Trade Talent, which commits to providing outsourced services for several positions within the group.

To comply with the requirements of the State-owned Assets Supervision and Administration Commission regarding the proportion of labor dispatch employment, and to ensure the efficient management of personnel within the group, the company has signed a framework agreement for human resources business outsourcing services with Trade Talent. Labor outsourcing services will be uniformly commissioned to Trade Talent, integrating the currently scattered outsourcing model into a centralized approach. This transformation will streamline Operation, optimize resource allocation, and facilitate a smooth transition of outsourcing projects, improving the overall efficiency of labor outsourcing management practices.

Trade Talent has rich experience in labor outsourcing services and possesses the relevant professional capabilities to provide the necessary services under the human resources business outsourcing services framework agreement. Furthermore, as an affiliate of the Transportation Group, Trade Talent fully understands the operational needs of the group, able to maintain effective communication and provide related services. The trades planned under the human resources business outsourcing services framework agreement will occur in the group's daily business processes, and the costs paid by the group to Trade Talent will not exceed the market average prices nor fall short of the prices offered by independent third parties for similar services.