China-Base Ningbo Group Co., Ltd. (hereinafter referred to as " CBNB" ), established in 1985, is a joint-stock enterprise restructured from a central state-owned enterprise. Deeply rooted in China' s market over the years, CBNB owns rich experience and unique market position in multiple industrial fields, including the whole industrial chain of bulk commodity, comprehensive foreign trade services, cross-border e-commerce services, automobile sales and post-market, ranking 205th among China' s top 500 enterprises and 73rd among China' s top 500 private enterprises. the Company is a demonstration enterprise for supply chain innovation and application nationwide, one of the top ten foreign trade enterprises in Zhejiang Province, and a " pacemaker" in the integration of domestic and foreign trade in Zhejiang Province, with the total import and export volume ranking first in Ningbo for multiple consecutive years. In 2024, CBNB achieved a total revenue of CNY 141.597 billion, an 12.3% year-on-year increase; and a total import and export volume of USD 5.776 billion, on a par with that of last year.