On the afternoon of May 16, Li Weizheng, Deputy Director-General of the Department of Market System Development of the Ministry of Commerce, and Zhu Jun, Member of the Leading Party Members Group and Chief Economist of the Zhejiang Provincial Department of Commerce, along with their delegation, visited FIOCCO Group for inspection and research. They were accompanied by Zhu Jianmin, Deputy District Governor of Yinzhou District; Chen Jie, Director of the Commerce Operations Division of the Ningbo Municipal Commerce Bureau; and Mao Yihua, Vice President of the Ningbo Garment Association. FIOCCO Group Chairman Shi Yun and other relevant group leaders participated in receiving the delegation.

Deputy Director-General Li and his delegation first visited the FIOCCO · Yesgo Valley Designer Fashion Apparel Exhibition and Sales Platform and the Y11 Fashion Block. They also received an on-site briefing from Chairman Shi on FIOCCO Group's integrated domestic and foreign trade operations and the related services of the Yesgo Valley platform.

Yesgo Valley, as a new business format and model—a specialized national-level service platform for entrepreneurship and innovation in the fashion textile and apparel industry—has been listed as one of the Top Ten Outstanding Typical Cases in the Zhejiang textile industry.The Group's 5G fully digital smart manufacturing factory serves as a digital smart manufacturing service platform, providing comprehensive empowerment for the integration of small and medium-sized enterprises (SMEs) engaged in both domestic and foreign trade within the park.

During the symposium, Vice President Mao analyzed the current advantages and existing problems related to the integration of domestic and foreign trade in the Ningbo garment industry and offered her professional insights. She also provided relevant suggestions to the Ministry of Commerce regarding the development of domestic and foreign trade.

Deputy Director-General Li and Chief Economist Zhu expressed that FIOCCO Group's innovative business model for integrating domestic and foreign trade is commendable! They engaged in discussions regarding the enterprise's innovative platform-based development business model, stating that FIOCCO Group's new model for transformation and development is worthy of reference by fashion apparel enterprises broadly.