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Ningbo FUBANG E-Commerce Development Co., Ltd.?FUBANG E-commerce Co., Ltd. is a wholly-owned subsidiary of Ningbo FUBANG Holding Group Co., Ltd., with a registered capital of 13.61 million yuan. It primarily engages in e-commerce operations, logistics and customs clearance services, and related industrial investments. FUBANG E-commerce leverages cross-border e-commerce as its entry point, relying on Ningbo's national pilot project for cross-border e-commerce—the “Cross-Border Purchase” platform. Through a three-pronged business strategy encompassing “e-commerce operations, overseas channel development, and logistics deployment,” it has established a comprehensive ecosystem spanning the entire cross-border e-commerce value chain. This ecosystem provides one-stop integrated supply chain services for third-party manufacturers and distributors worldwide.

In 2021, FUBANG E-commerce actively responded to Ningbo Cross-border Free Trade Zone's innovation initiatives and seized the historic opportunity presented by the expansion and empowerment of the Zhejiang Pilot Free Trade Zone. It established Zhejiang Free Trade Zone Quanshang E-commerce Co., Ltd. Ningbo's first “imported goods bonded display” free trade store, Queen's Shop, officially opened on June 28 at Beilun FUBANG Century Plaza. Specializing in Ningbo bonded goods display and cross-border live streaming pilot projects, the store offers a diverse range of products including daily necessities, cosmetics, maternal and infant products, nutritional supplements, food, alcoholic beverages, and other major categories of bonded cross-border goods. This allows consumers to purchase bonded zone products right at their doorstep, experiencing fast, convenient, and high-quality cross-border bonded shopping services. Since its operation, Queen's Shop has successfully attracted over 500 domestic and international brands, with a total of more than 8,000 product SKUs. The store's daily sales peaked at 100,000 yuan, and the number of real-name registered members exceeded 50,000. Total sales in 2024 reached nearly 6 million yuan, with cumulative sales approaching 3 million yuan by May 2025. The brand has repeatedly won the “Champion of Key Tenant Sales Competition at Beilun FUBANG Century Plaza” and was selected as one of Ningbo's Eight Major Information Consumption Experience Centers. Queen's Shop not only enriches FUBANG Century Plaza's business offerings but also fills a market gap in Beilun's beauty, skincare, and daily chemical product sector, gradually emerging as a sought-after new landmark in Ningbo.

Operating under the slogan “Discover Global Treasures, Embrace Green Living,” FUBANG E-commerce embraces a global perspective, sourcing products worldwide. Rooted in a people-centered philosophy, it expands everyday online shopping horizons to meet consumer demands while cultivating innovative consumption concepts. Committed to pioneering a new lifestyle and leading the way in transparent cross-border shopping, FUBANG strives to be a trailblazer in sustainable global e-commerce.

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Ningbo Fuli Logistics Co., Ltd.?Established in November 2013 with a registered capital of 5 million yuan, the company is a specialized cross-border bonded logistics and warehousing platform invested by Ningbo FUBANG Holding Group within the Ningbo Bonded Zone. It serves as Ningbo's first dedicated bonded warehouse for cross-border e-commerce trade and the city's inaugural enterprise operating a cross-border project logistics supply chain platform.

The company currently operates over 100,000 square meters of bonded cross-border public warehouses, encompassing multi-functional facilities including cross-border bonded warehouses, specialized category warehouses, temperature-controlled food storage, and live-streaming functional warehouses. By 2024, the company has expanded its bonded cross-border operations from Ningbo to Shaoxing and Taizhou Comprehensive Bonded Zones. The company currently operates 12 specialized fully automated parcel sorting lines. Each warehouse is equipped with multi-tier shelving systems and various auxiliary intelligent devices (RF scanners, PDAs, overhead conveyors, HUBs, gantry cranes, automatic box sealers, automatic shrink wrappers, etc.). In terms of human resources, it maintains a professional management team of over 250 personnel, with the capacity to flexibly increase staffing by more than 5,000 during major promotional events. Annual outbound parcel volume exceeds 25 million. Strategic partners include Cainiao Bonded Logistics, Cainiao Central Warehouse, Tmall Global, Douyin, DeWoo, Amazon, JD.com, Pinduoduo, and other leading domestic e-commerce platforms. The warehouse primarily handles bonded cross-border goods across all categories, including cosmetics, maternal and infant products, food, health supplements, personal care, footwear and apparel, and light luxury goods. In 2024, it processed 18 million bonded cross-border orders, representing a 45.46% increase over 2023, while second-tier sales exceeded RMB 4.7 billion, up 45.38% year-on-year. By 2025, the company anticipates processing 25 million bonded cross-border orders and achieving secondary sales exceeding 7 billion yuan.

Evolving its business model, the company invested 220 million yuan in 2021 to establish Ningbo's first bonded cross-border intelligent automated warehouse, Xingyun Warehouse. The two-story facility features traditional multi-tier shelving on the upper level, providing ample storage space. The lower level is equipped with 72 AGV intelligent picking robots, 2,000 three-dimensional four-way shuttle storage positions, and 4 four-way shuttle rack robots, enabling precise and efficient execution of tasks such as goods storage, transportation, and picking. The warehouse can simultaneously accommodate 60 packing stations. The sorting and scanning error rate on the assembly line is below one in ten thousand, with a parcel throughput of 3,600 orders per hour.

The company continuously integrates existing technological resources and absorbs advanced logistics, warehousing, and supply chain management techniques from the industry. It is committed to digital and intelligent upgrades, aspiring to become a premier modern professional platform for cross-border e-commerce services in the Ningbo Free Trade Zone. It provides personalized, customized, and professional comprehensive logistics services for domestic e-commerce enterprises and platforms engaged in cross-border trade.

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