Cross-border E-commerce: Embarking on a New Chapter in Foreign Trade —— SINOMACH-HI INTERNATIONAL Successfully Listed on Changzhou's Cross-border E-commerce White List for 2024

On May 27, the Changzhou Commerce Bureau announced the list of pilot enterprises for the 2024 Changzhou cross-border e-commerce white list, with a total of 16 companies making the cut, including SINOMACH-HI INTERNATIONAL. This follows the Municipal Government's release of the 'Three-Year Action Plan for Promoting High-Quality Development of Cross-border E-commerce in Changzhou' on April 22 this year. This accolade signifies that the outstanding performance and leading position of SINOMACH-HI INTERNATIONAL in the field of cross-border e-commerce have been officially recognized at a high level, effectively promoting the overseas expansion of 'cross-border e-commerce + industrial clusters', increasing the proportion of orders received by foreign trade companies through platforms, and expanding foreign trade volumes. SINOMACH-HI INTERNATIONAL will be poised to benefit from significant policy advantages.

The Introduction of the 'Three-Year Action Plan for Promoting High-Quality Development of Cross-border E-commerce in Changzhou' will guide traditional foreign trade enterprises and manufacturing companies to leverage cross-border e-commerce platforms to conduct B2C and B2B businesses, actively seize orders, and achieve 'buying global, selling global'. In recent years, SINOMACH-HI INTERNATIONAL has focused on international equipment trade and engineering technical services, with operations spanning multiple countries and regions worldwide, practicing the role of the 'Belt and Road Initiative' to aid economic development along the route. Being included in the cross-border e-commerce whitelist will bring a series of policy supports and market opportunities for the company, further advancing its international strategy and business expansion.

Under the new policies, the SINOMACH-HI INTERNATIONAL will continue to innovate and intensively develop in the field of cross-border e-commerce, focusing on a dual-driven strategy of brand and trade, relying on an online capability that has cumulatively achieved sales exceeding hundreds of millions over three years. It will continue to handle '9710' export business, expand its team, and base itself on an ecosystem of five e-commerce stores, four independent sites + social media channels, constantly enhancing its competitiveness and market influence.