On November 5, KISC e-commerce's first rail freight order was sent to Chongqing, marking the official entry of KISC e-commerce into the Yunnan market and writing a new chapter for KISC's e-commerce.
Since its launch in March 2022, KISC e-commerce has achieved certain results in the Yunnan market. The cumulative online transactions have reached 46,000 tons, and the Yunnan market is basically covered. Since the e-commerce platform only supports truck transportation, it has not been sold outside the province due to cost considerations.
In accordance with the requirements of the business system capability benchmarking and gap reduction project plan in 2023, comprehensively and systematically improve the comprehensive capabilities of e-commerce operations. In August this year, we benchmarked and studied the e-commerce operation model of Shanxi Jinnan, an advanced enterprise, and combined it with the current status of KISC's e-commerce operations. In September, it was officially decided to develop the e-commerce rail transportation function, expand e-commerce sales outside the province, and further expand the e-commerce sales area.
With the support of leaders at all levels of the company, the out-of-province e-commerce promotion working group was quickly established. The working group analyzed and sorted out business processes, formulated a detailed work promotion plan, and organized and coordinated all relevant departments to carry out work in an active and orderly manner as planned. After two After months of unremitting efforts and cooperation, the development of e-commerce rail transportation functions outside the province was completed, and the first transaction was successfully completed.
Exploring e-commerce channels outside the province is KISC's further exploration of the steel e-commerce field. Through the e-commerce platform, it integrates resources and customer channels inside and outside the province, innovates sales models, and carries out digital marketing to reduce costs, increase efficiency, and improve competitiveness for the company creating favorable conditions for high-quality development.