Jowell Global Ltd. that it has expanded its cooperation with ZTO Express, one of the leading express delivery companies in China in terms of parcel volume. In November, 2022, JWEL and ZTO reached a customized warehouse distribution integration agreement which covers all logistic services for the Company, from warehousing management, express parcel distribution, express parcel packaging and express delivery, to be provided by ZTO Express. Since the parties started cooperation a year ago in 2021, JWEL has used warehouse, logistics network and automatic sorting system at ZTO's regional center for its order processing.

The joint efforts of the two parties have reduced the amount of time goods in transit, costs and losses in turnover, significantly improved operating efficiency for JWEL. The newly negotiated cooperation agreement is expected to further simplify major logistical processes, streamlining the distribution cycle and promote the seamless integration of numerous business processes of the Company. Moving forward, JWEL seeks to continue promoting in-depth cooperation with ZTO, to achieve sustainable growth for both parties and encourage high-quality development of the e-commerce logistics.

Furthermore, JWEL will continue seek and cooperate with high-quality business partners to explore and expand international products and resources for its customers while improving their experience and satisfaction.