1. Market development and friendly exchanges

         1.1From July 26th to August 1st, the company's project team went to Ho Chi Minh City, Binh Duong, Dong Nai Province and Vung Tau Province in Vietnam for field visits. The inspection team visited Chinese companies in the field of metal raw material distribution, Coretronic Vietnam, a major first-tier supplier in the home appliance industry, and Asia Capital's investment company in Vietnam. The inspection team had an online exchange with ITSJ, a U.S. semiconductor supplier, on the investment project in Vietnam. In Vung Tau province, we conducted a field visit to the local industrial park and learned about the enterprises settled in the park, surrounding facilities, logistics services and other information. Exploring the international market is the company's development strategy. The Vietnam market research has yielded great results, and substantive work has begun on related projects. This overseas visit has taken the first successful step for the company to explore the international market and expand its operations

1.2.On August 5th, our company and Mitsui carried out a badminton team building activity. Through this activity, the relationship with partners was enhanced, and the team's ability to collaborate was also enhanced. The leaders of both sides expressed that they would organize more such team building activities in the future, and hoped that Mitsui and BASR would further strengthen cooperation and achieve win-win development.

1.3.On August 23rd, the leaders of Shanghai Saikeli were invited to visit our Tianjin Airport Base and conduct business exchanges. Accompanied by the leaders of the company's business department, they visited our airport base, and after the visit, the two sides introduced their respective business and business philosophy, and the two sides hope to cooperate in more fields and at more levels. Sekoli has an in-depth understanding of our TMS transportation management system, fully recognizes the advanced nature of our operation management system, and expresses that we want to further learn our system development and use experience, and hope to give them relevant support in system development

2.Management improvement
2.1.Since its opening, the company's central laboratory has been in trial operation for 2 months. In the process of trial operation, we have completed the construction of the comprehensive quality management system of the laboratory and the job skills training of the test engineer. Laboratory engineers have continuously improved their professional skills in practice, and carried out friendly exchanges with laboratories, including BBAC, to promote the company's quality management system and service level

2.2.Under the leadership of employees Wang Peng and Song Chaogang, the company's base project team overcame many hardships and completed all the rain leakage repair projects during the flood season. All window gluing and roof painting and renovation work in Plant A are proceeding as planned and are expected to be completed in mid-September.

2.3.The company's financial control and the company's project asset management team jointly improved the company's fixed asset management process and completed the inventory of all the company's fixed assets.

2.4.In view of the company's operating conditions, assets, equipment and facilities, management and services, personnel quality, informatization level, etc., after nearly a month of data review and on-site review, BASR passed the evaluation of China Federation of Things comprehensive service-oriented 4A-level logistics enterprises. After 20 years of experience, the company has made great achievements in standardization, modernization and large-scale development. We will live up to expectations, never forget our original intention, continue to forge ahead, and build the company into an excellent supplier of full supply chain service solutions.