Recently, foreign media reported the news of "Xiyin supply chain transfer". In this regard, the Guangzhou Municipal Bureau of Commerce stated: As a global enterprise that grew up in Guangzhou, Xiyin continues to increase its layout and investment in the domestic supply chain with Guangzhou as the core. In the first quarter of this year, the export volume in Guangzhou continued to grow, which undoubtedly made the rumors of supply chain transfer self-defeating. According to incomplete statistics, Xiyin has promoted the employment and development of millions of people in the upstream and downstream by driving a large number of industries such as domestic trade exports, production and manufacturing, warehousing and logistics, and transportation. On the other hand, with the continuous deepening of Xiyin's platform strategy, Xiyin, in addition to its own brands, has helped more third-party brands and merchants to open up the international market through cross-border e-commerce through the "cross-border e-commerce + industrial belt" model. At present, Guangdong Province has become a demonstration province for the Xiyin platform industrial belt to go overseas. In 2024, the Xiyin platform has achieved full coverage of the industrial belts of 21 prefecture-level cities in Guangdong.