Core Insights - The XTransfer PMI report indicates a positive export outlook for small and micro foreign trade enterprises in China, with a PMI index of 52.4% in July, slightly above the neutral point [1] - The report highlights that African countries have the highest export PMI, particularly Ghana and Nigeria, as small and micro enterprises seek new opportunities in the African market due to declining demand in the US [1] Group 1: Export Trends - The "new three samples" of exports, including lithium batteries, new energy vehicles, and solar cells, have shown strong performance, with order and price indices significantly above the market average [2] - Southeast Asia has emerged as a key export region for the "new three samples," while Europe’s energy-saving policies continue to drive demand for these products [2] - Infrastructure demands in Latin America and Africa present substantial market potential for the export of "new three samples" [2] Group 2: Business Adaptation - Many enterprises emphasize the importance of resilience and confidence in the face of external uncertainties and increasing market competition, highlighting the need for differentiated competitive advantages [2] - A case study from a mechanical products exporter in Guangzhou illustrates how XTransfer's local collection accounts have improved cash flow efficiency by reducing transaction times and fees [2] - XTransfer aims to leverage its industry-leading platform to share insights and trends with foreign trade practitioners, enhancing their global business strategies [2]

Group 1 - XTransfer showcased its industry-leading capabilities and AI risk control services at the Money20/20 Europe event in Amsterdam, gaining significant attention for its efficient and secure cross-border financial solutions [1] - The company has established a global unified B2B trade settlement network in collaboration with major banks, significantly reducing the time for cross-border payments from 1-7 working days to real-time transactions and lowering fees [1] - A milestone cooperation memorandum was signed with BNP Paribas during the event, aimed at providing simplified cross-border payment solutions for European SMEs engaged in international trade [1] Group 2 - XTransfer has obtained an Electronic Money Institution (EMI) license from the Dutch central bank, enabling it to offer local accounts, cross-border settlement, and foreign exchange services to local SMEs in the Netherlands [2] - The company aims to deepen its global strategy from the Netherlands, targeting coverage of 30 countries in the European Economic Area (EEA) and emerging markets in Africa and the Middle East [2] - The CEO emphasized the goal of creating a truly global unified B2B trade settlement network that connects SMEs with banks, ensuring safe, efficient, and low-cost cross-border financial services regardless of company size or location [2] Group 3 - In the B2B cross-border payment sector, slow processes and high costs are significant concerns, while anti-money laundering risk control remains a major challenge [3] - XTransfer utilizes AI technology to enhance risk management, achieving improvements in accuracy, cost, and user experience through digital transformation and cross-validation of structured data [3] - The company can quickly identify and respond to new risk types, with automated processes and advanced technology leading to lower risk control costs compared to traditional banks, enhancing customer experience [3] Group 4 - The application of AI technology is transforming the paradigm of risk management in cross-border payments, with Chinese enterprises providing valuable references for the industry [4]