Core Viewpoint - The global trade order is undergoing profound restructuring due to the acceleration of de-globalization and the need for supply chain security and resilience, with Xiamen emerging as a key node in the new development pattern and a global supply chain innovation center [1] Group 1: External Challenges - The global economic and trade landscape is experiencing significant adjustments due to multiple complex factors, leading to increased uncertainty in both domestic and international trade development [2] - Key challenges for enterprises include rising trade protectionism, unilateralism, intensified Sino-U.S. trade friction, and compliance risks associated with tariffs and sanctions [2] Group 2: Internationalization Strategy - The company aims to become a leading international supply chain operator, positioning itself as "China-style trading company, globalized Xiamen" and continuously improving its global supply chain service system [2] - The company is transitioning from being a participant and service provider in global supply chains to an organizer, collaborating with partners to explore international markets and enhance competitive strength [2] Group 3: Supply Chain Security and Resilience - The company is building a multi-dimensional supply chain security system focusing on resource expansion, technological empowerment, logistics assurance, and talent development to enhance supply chain resilience [6] - It emphasizes establishing long-term partnerships with overseas suppliers and local grain merchants to secure stable agricultural product supplies and enhance global market reach [6][10] - The company is leveraging AI and big data to improve decision-making efficiency in supply chain management, integrating various data sources to capture market dynamics and risks [6][10] Group 4: Innovation in Supply Chains - The company is actively integrating resources and channels to ensure the supply security of critical resources, expanding its supply chain services to over 170 countries and regions [14] - It has established over 70 overseas companies and offices in more than 35 countries, enhancing its global supply chain network and logistics capabilities [11][14] - The company is focusing on the development of key mineral resources and agricultural products in South America, Africa, and other regions to diversify supply sources and enhance resource allocation capabilities [14]

Core Viewpoint - The global trade order is undergoing significant restructuring due to the acceleration of de-globalization and the need for resilient supply chains, with Xiamen emerging as a key node in this new development landscape [1]. Group 1: External Challenges - The global economic landscape has been profoundly affected by complex factors, leading to increased uncertainty in both domestic and international trade environments [2]. - Trade protectionism, unilateralism, and escalating trade tensions, particularly between the US and China, pose core challenges for internationalization [2]. - Companies face multiple issues such as supply chain disruptions, restricted market access, rising procurement costs, and increased compliance costs due to these external pressures [2]. Group 2: Internationalization Strategy - The company aims to become a leading international supply chain operator, focusing on a "China-style trading company with global reach" positioning [3]. - It is committed to enhancing its global supply chain service system and transitioning from a participant to an organizer in the global supply chain [3]. - The company collaborates with partners across various industries to explore international markets and enhance its brand influence in the global supply chain [3]. Group 3: Strategic Collaborations - The company has intensified strategic collaborations in key steel industry projects along the Belt and Road Initiative, leveraging its international supply chain network to support partners [4]. - In the first eight months of 2025, the international trade volume of steel exceeded 4 million tons, marking a 28% year-on-year increase [4]. Group 4: Supply Chain Security and Resilience - The company is building a multi-dimensional supply chain security system to enhance resilience against global supply chain risks [7]. - It focuses on resource expansion, technological empowerment, logistics support, and talent development to ensure key resources are accessible and secure [7]. - The company is enhancing its decision-making efficiency through AI and big data, creating an intelligent supply chain management system for agricultural products [9]. Group 5: Global Supply Chain Network - The company is actively integrating into the dual circulation development pattern, expanding its supply chain overseas, and establishing over 70 overseas companies and offices in more than 35 countries [10]. - It has developed a robust international logistics network, including nearly 400 self-operated or cooperative overseas warehouses [10]. - The company has signed contracts with over 20,000 overseas suppliers and clients in the past five years, enhancing its global resource acquisition capabilities [12].