STO Express Co., Ltd.

-------------------------------- ----------------------------------------

STO Express Co., Ltd. (hereinafter referred to as "STO Express") was established in 2007 with a registered capital of 50 million. It is the headquarters of STO Express Network and has the registered trademark "STO STO Express". STO Express is responsible for the authorization, business guidance, brand management, etc. of STO Express network franchisees. Currently, STO Express serves as the vice president unit of China Express Association, Shanghai Express Industry Association and Zhejiang Express Industry Association, and its franchisees also serve as vice presidents or governing units in various provinces.

The STO Express brand was founded in 1993. It is one of the earliest brands operating express delivery business in China. After more than ten years of development, STO Express has formed a complete and smooth self-operated express network nationwide. It basically covers cities at or above the prefecture level across the country and cities at or above the county level in developed areas, especially in Jiangsu, Zhejiang and Shanghai, basically achieving no blind spots in delivery. STO Express has more than 600 first-level franchisees in various provinces and cities across the country (including remote areas such as Lhasa, Tibet) and more than 2,000 second-level franchisees, more than 4,000 stores, more than 50 distribution centers, and a nationwide network** *With more than 40,000 employees, tens of thousands of trunk and branch network vehicles, an average daily business volume of nearly one million tickets, and an annual turnover of more than 4 billion yuan, it has become the most complete and largest private express delivery system in the country.

STO Express mainly provides cross-regional express delivery business, with a market share of more than 10%, making the company one of the leading companies in the domestic express delivery industry. With the diversification of domestic express delivery needs, the company keeps close to the market and continues to innovate products. While continuing to provide traditional express delivery services, it is also actively exploring emerging businesses, including e-commerce logistics and distribution services, third-party logistics and warehousing services, and collection services. It has become the most important e-commerce logistics provider in China in terms of payment business and valuable goods channel services.

In the future, the company will continue to be committed to the construction and development of national brands, continue to improve the three-dimensional operating system of terminal network, transit transportation network and information network, base on traditional express delivery business, and fully enter e-commerce In the field of logistics and 3PL logistics, we use professional services and strict quality management to promote the development of China's logistics and express delivery industry, becoming one of the most influential enterprises on the national economy and people's lives.