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Beijing Weiduo Electronic Commerce Co., Ltd.(hereinafter referred to as "Weiduo") is a member of the League of Nations (Stock code: 603613.SH) Its wholly-owned subsidiary is positioned for the "Internet +" upgrade of the entire industries such as papermaking and packaging, sanitary products, cotton spinning, and renewable resources. With "platform, technology, and data" as the core, it is committed to building a one-stop B2B vertical e-commerce and industrial Internet platform. It owns many subsidiaries such as Zhiduo, Ningbo Weiduo, Hangzhou Weiduo, Sichuan Weiduo, Henan Weiduo, and Wuhan Weiduo. Weiduo takes B2B transactions of raw materials and finished products as the leading role, cloud ERP and cloud logistics as the infrastructure, supply chain collective procurement and supply chain upgrading services as the double-wheel drive, and actively promotes the healthy development of Internet ecosystem of relevant industries.

1. Business model

Weiduo continues to improve its SaaS service functions with transaction informatization as its core, and cloud ERP, online signature, online payment, cloud warehouse distribution, cloud logistics, etc. have been mature applications. The platform actively leverages its Internet aggregation capabilities and helps users improve procurement and sales efficiency and reduce procurement and sales costs through various self-operated e-commerce models such as centralized procurement, one-stop procurement, category re-sales, supply chain extension, sub-terminal alliances, and cloud factories. At the same time, Weiduo vigorously promotes the construction of third-party e-commerce service-oriented platforms through innovative operations of flagship stores and brand stores. It is constantly focusing on industrial e-commerce, deep supply chains, big data services, cloud ERP services, smart logistics and warehousing, and industrial funds., smart factories and Internet solutions are the business practice direction.

2. Value goals

The company closely follows the orientation of major industries such as national industrial e-commerce, industrial Internet, supply chain innovative applications, and commodity market platform economy, and is committed to realizing the following industrial values:

Information interaction and online transactions: Gradually reduce procurement and marketing links, reduce procurement and marketing costs, improve procurement and marketing efficiency, and create a transparent procurement and marketing environment, thereby improving industry circulation links, optimizing supply chains, and promoting supply sides.

Trading big data: Through the trading big data accumulated through the platform, market-guided production is gradually realized, starting from the user side, production capacity is optimized, and supply side is promoted.

Smart supply chain: Starting from information interaction and transaction orders, it will gradually extend to the upstream and downstream of the enterprise and the entire process of R & D, design, procurement, manufacturing, sales, logistics, warehouse allocation, and services, integrating all links of the supply chain with the Internet and the Internet of Things., new technologies such as big data and artificial intelligence are fully integrated to create a smart supply chain, and promote the supply side through overall optimization of the supply chain.

Industrial Internet: Order-driven upstream and downstream production and manufacturing links are connected to the SaaS system, accumulated and shared industrial big data, and then provided smart factory solutions based on vertical industrial chains, thereby promoting intelligent manufacturing and the industrial Internet.

Through the continuous realization of the above value goals, Weiduo has formed a one-stop and exquisite B2B e-commerce service and industrial Internet platform with transaction, logistics, and finance as the core, creating a trinity of platform, technology, and data, and building a traditional industrial Internet smart supply chain ecosystem.

3. Honors and qualifications

Based on industrial e-commerce and supported by Internet big data, Weiduo vigorously develops B2B e-commerce and industrial Internet platforms, and actively participates in innovative applications in the supply chain. Received: 2016 China Sanitary Products Industry *** Development Potential Award, 2017 China's Top 30 Emerging E-commerce Companies, 2018 Mobile Internet Conference Emerging Enterprises, 2018 World Mobile Internet Conference Annual Emerging E-commerce Platform, 2018 China's Top 100 Commodity E-commerce Innovative Enterprises List, 2019 China's B2B field **** Growth Enterprise, Selected into the Ministry of Commerce, Ministry of Industry and Information Technology, People's Bank of China, Enterprises approved by the China Banking and Insurance Regulatory Commission and other eight ministries and commissions, selected as 2019 High-growth Enterprises **00, Zhongguancun Science and Technology Park 2019 Award Support Enterprises, and 2020 China's Industrial Internet Future Unicorn.

IV. Focus on the future

Weiduo will vigorously promote the industrial Internet development strategy, with the B2B vertical e-commerce platform as the core and the B2B e-commerce and industrial Internet platform as the core to further promote the sustained, rapid and high-quality development of its main business. At the same time, through e-commerce platform upgrades, SaaS system development, and industrial Internet R & D *** construction, the company's technology-driven capabilities are vigorously strengthened, and further through integration, transformation and improvement, it promotes cost reduction, efficiency improvement, and high-quality development of traditional manufacturing industries, thereby Build the company into a *** industrial Internet platform enterprise.