Group 1: Industry Overview - The 2025 China (Guangzhou) Cross-Border E-Commerce Trade Fair opened with over 1,000 quality supply chain companies and more than 40 global leading cross-border e-commerce platforms participating, showcasing over 1,800 standard exhibition booths [1] - Cross-border e-commerce is becoming a new engine for foreign trade growth, with China's cross-border e-commerce import and export reaching 1.32 trillion yuan in the first half of the year, a year-on-year increase of 5.7%, outpacing the overall growth of foreign trade [1] - Guangzhou's cross-border e-commerce import and export exceeded 100 billion yuan in the first half of the year, with a year-on-year growth of over 43%, contributing to over 40% of the city's foreign trade increment [1] Group 2: Company Insights - CoGoLinks has developed a cross-border payment network covering over 100 countries, addressing challenges in currency settlement, fund security compliance, and exchange rate risk management for cross-border e-commerce businesses [2] - CoGoLinks has launched innovative local store payment solutions in emerging markets like Latin America and Southeast Asia, enabling Chinese merchants to penetrate local markets effectively [2] - The company plans to continue investing in technology development to enhance its global payment network, providing safer, more convenient, and cost-effective cross-border payment services for e-commerce enterprises [3]