Recently, our “Sweet”series products and other large packaging sugars of CCSI supermarket department has successfullyjoined into Meicai. com.As a food material B2B platform, Meicai. com focuses on nearly 10 million restaurants in the whole country to provide one-stop raw material procurement services.

It can not only shortencirculation of agricultural products but also save merchants’ business costs and manpower of supply chain. Moreover, it can solve problem of unsalableagricultural products for those farmers byscientific management on procurement,quality inspection,warehousing,logistics and other processes. On April 2016, Meicai. com was estimatedto be more than 20 billion US dollars with accumulative financing amount at more than 2 billionUS dollars after it had completed the D round financing.

This is actually our first time to join hands with Meicai. com after cooperation with Alibaba, Baogu, and other electronic business platform. At last, through several rounds of negotiations with staffs of Meicai.com, we have eventually reached consensuson opening up Beijing and Langfang market.