On October 28th, Mayor Qiu Dongyao accompanied Mr. Liang Weixin, Secretary of Ningde Municipal Committee of Fujian Province, and Liang’s delegation to inspect the cross-border boutique of Ningshing Ubay, a subsidiary of Ningshing Holdings, in Beilun, Ningbo. Mr. Yan Rongjie, Director of Ningbo Free Trade Zone Management Committee and Mr. Qiu Hailong, Chairman of Ningbo Free Trade Zone Import Commodity Market Development Company also participated.
Mr. Shi Wei, Vice Chairman of Ningshing Ubay, accompanied and explained during the visit. Mr. Qiu, Secretary Liang and his delegation carefully inquired about how to ensure the authenticity traceability of cross-border goods, and experienced cashless shopping in the boutique.
In recent years, Mr. Qiu attached great importance to the development of cross-border e-commerce in Ningbo, visited Ubay many times, and affirmed the good achievements of Ubay in cross-border purchase, brand management and integrated operation of warehousing and logistics.
Ningshing Ubay
Ubay is an e-commerce enterprise integrating cross-border supply chain services, brand management services and sales management services. It has 220,000 square meters of cross-border bonded logistics warehouses and four overseas collection and direct mail warehouses. At present, it has been authorized by sales and general agents of more than 100 overseas brands, and its business covers more than 20 major countries around the world, serving more than 500 global brands. Ubay has settled in many large-scale third-party platforms such as T-mall International and JD.COM International. More than 200,000 terminal stores in over 30 provinces have been laid in the offline supermarket sales channels, and its sales performance has been among the top cross-border purchasing enterprises in Ningbo for many years. It is estimated that its annual import and export volume will exceed 800 million US dollars in 2021, and the annual logistics volume will exceed 30 million orders.
