Feng Zixing, Deputy Governor of the People’s Bank of China (PBOC) Zhejiang Branch, Visits the Group

May 8, 2026 – Feng Zixing, Deputy Governor of the People’s Bank of China (PBOC) Zhejiang Branch, visited the company for research. He was received by Ken Huang, Assistant to President, and Irene Xu, Deputy CFO of Finance Department.

Following a tour of the East Village Showroom and a subsequent meeting, Ken Huang briefed the delegation on the Group’s core business in traditional foreign trade and cross-border e-commerce. He explained that the Group utilizes multi-currency settlements to navigate policy differences across various markets. With the growing volume of cross-border business, he expressed the Group’s hope for further optimization of cross-border RMB settlement procedures to improve capital turnover efficiency and facilitate international market expansion.

Deputy Governor Feng pointed out that facilitating cross-border RMB settlements is a priority for the bank. He stated that the provincial branch would carefully listen to the frontline demands of enterprises to promote simplified processes and optimized services, providing strong financial support for the steady development of foreign trade companies.    

The delegation was accompanied by Xu Hong, Secretary of the Party Committee and President of the PBOC Jinhua Municipal Branch, and Lou Yubo, Member of the Party Group and Deputy Director of the Yiwu Municipal Government Office.                          

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