In order to better develop the trade field, the Group established in July 2021 Zhejiang Huachuan Supply Chain Management Co. and has invested in the establishment of two branches, respectively responsible for international and domestic bulk commodity trade. zhejiang Huazhe Supply Chain Management Co., Ltd. established in July 2022, is an important part of the globalization layout of Huachuan Group, which is mainly responsible for the international bulk commodity trade, focusing on the trade of renewable resources, non-ferrous metals, petroleum energy and its derivatives, and is deeply involved in the cooperation of the BOT projects in overseas countries. The company's annual trading volume of renewable resources of about 50,000 tons, copper, aluminum and other non-ferrous metals of about 100,000 tons, oil energy and its derivatives of about 100,000 tons, and other commodities exported steadily, and in Europe, South America, the Middle East and other regions with the local government, suppliers and buyers to establish a good and stable long-term cooperative relations. Making full use of the Group's advantages, we will expand to more fields in the future to realize the organic combination and optimal allocation of resources, improve the multi-industry supply chain pattern, and promote the development of low-carbon and recycling economy.2022 Zhejiang Zhanjun Supply Chain Management Co., Ltd. was established in October, which is mainly responsible for the domestic bulk commodity trade and joining hands with the state-owned enterprises and central enterprises to carry out the domestic bulk trade, as well as the supporting bank's low-risk business.
