Core Viewpoint - The establishment of a dedicated user protection fund by Zhongbai Haowu APP reflects its commitment to user safety and long-term operational strategy, emphasizing the importance of a reliable security mechanism in gaining consumer trust [1][2]. User Protection Fund - Zhongbai Haowu APP has set up a user protection fund of over 10 million, aimed at enhancing transaction security and improving the user asset protection system [1]. - The fund will cover three main scenarios: refunds for project participation cancellations, financial errors due to system faults, and compensation for losses caused by merchant violations [1][3]. - The fund is independently managed, separate from daily operational expenses, and will be audited quarterly to ensure transparency [1]. Risk Control System Upgrade - The establishment of the protection fund is part of a broader upgrade to Zhongbai Haowu APP's overall security strategy for 2025 [2]. - The platform has introduced three enhanced risk control mechanisms: multi-factor authentication for sensitive operations, an intelligent anomaly transaction warning model, and risk-isolated payment channels [3]. - The focus of these upgrades is to create a transparent and trustworthy mechanism for users, ensuring they feel secure during transactions and in unexpected situations [3]. User Trust and Satisfaction - The protection fund serves as a reassurance to core users, including group purchase participants and family buyers, reflecting the platform's commitment to maintaining their trust [3]. - The platform's low-risk operational model and high user satisfaction have positioned it as a leader in the industry, further solidified by the recent security upgrades and fund establishment [3]. Conclusion on Safety - The evolution of internet platforms is shifting from a focus on functionality to a focus on trust, with the ability to provide security during critical moments being a key indicator of long-term value [4]. - Zhongbai Haowu APP demonstrates its commitment to proactive safety measures rather than reactive promises, establishing a robust mechanism to safeguard user interests [4][5].

Core Insights - The company, Zhongbai Haowu APP, has successfully expanded its operations overseas, achieving significant milestones in countries such as Japan, Malaysia, Taiwan, and Indonesia, despite not formally announcing these developments [1][3]. Group 1: International Expansion Strategy - Zhongbai Haowu APP has adopted a low-profile approach to its international expansion, focusing on quietly launching and effectively replicating its business model rather than using "going abroad" as a marketing strategy [3]. - The technical team completed the adaptation of the app into multiple languages by the second half of last year, and community sections in Southeast Asia have been launched under local brand names [3]. - In key locations like Penang, Osaka, and Surabaya, the company has partnered with local fresh produce channels and logistics providers to create a comprehensive model of "online pre-order + offline pickup + community partners" [3]. Group 2: Local Market Integration - The app's strategy goes beyond simple translation; it deeply integrates local supply chains and consumer preferences, such as promoting "safe ingredients + direct sourcing" in Taiwan and emphasizing Halal certification in Indonesia [3][4]. - Feedback from early overseas users indicates a positive reception, with comments highlighting the innovative blend of grocery shopping and investment opportunities [3]. Group 3: Market Demand Alignment - The business model aligns well with the emerging market demands in Southeast Asia for "trustworthy, safe, and participatory" platforms, while also catering to the middle-class consumers in developed regions like Japan who seek "high quality + financial logic" [4]. - The approach is characterized by "exporting concepts + localizing technology," which has helped the company gain initial user trust and reputation [4]. Group 4: Future Developments - Although the company has not widely announced its overseas expansion plans domestically, indications suggest that it is entering the next phase of formal overseas commercialization [6]. - Future considerations include whether to unify brand names, establish independent overseas brands, and allow user participation in overseas project investments, although these details remain undisclosed [6].