On the afternoon of April 25, Wang Xin, Director of the Yinzhou District Commerce Bureau, and his delegation visited FIOCCO Group for research. Accompanied by Shi Yun, Chairman of the Group, they toured the FIOCCO Group · Yesgo Valley Fashion Technology Industrial Park and gained an in-depth understanding of the Group's foreign trade exports as well as the construction and development model of the Yesgo Valley platform.

During the symposium, Mao Lilu, General Manager of Yesgo Valley, and Nie Kun, Deputy General Manager of Huayi Import & Export, respectively introduced the development strategy, investment promotion, and operational aspects of Yesgo Valley – a specialized textile and apparel industrial park established by the Group – along with the progress of the comprehensive foreign trade service platform.

The meeting included discussions on how to better build a foreign trade industrial agglomeration park, as raised by Director Wang. Chairman Shi emphasized that constructing a professional foreign trade industrial park requires leadership from industry-leading enterprises, a systematic and forward-thinking innovative vision, rich industrial ecosystem resources, and a focus on providing high-value, efficient, concierge-style supporting services. He also suggested the government further increase subsidies for Sinosure (China Export & Credit Insurance Corporation) to benefit more foreign trade enterprises and help them explore additional international markets and clients.

Director Wang acknowledged Chairman Shi's suggestions. Given the severe challenges posed to foreign trade exports by the pandemic, Director Wang expressed hope that enterprises would maintain confidence, sustain positive development momentum, and actively provide relevant recommendations to government departments to jointly promote the high-quality development of the foreign trade industry.