On July 29, 2023, the 2023 COOLBABY Summer Customer Meeting with the theme "Walking with Love · Creating the Future" concluded successfully!

With the theme of "Walking with Love · Creating the Future", this customer meeting aimed to provide numerous merchants with a wealth opportunity for communication, exchange and joint planning for the future. It launched COOLBABY's new agency model of"Zero Threshold, Zero Franchise Fee, Zero Agency Fee, Drop Shipping for Single Item, After-Sales Guarantee, and Easy Entrepreneurship", which offers more business opportunities and a better development platform for COOLBABY's partners, and continuously boosts everyone's development and expansion in the second half of 2023.

During the meeting, we felt the great confidence and enthusiasm that everyone has in COOLBABY. They regarded this meeting as an opportunity with huge potential to bring business growth and success.Many merchants raised questions aboutCOOLBABY's baby cribs and strollers with exclusive patents, and consulted on the difficulties encountered in daily sales and operation.The atmosphere on site was very active.In addition, manynew merchants joined COOLBABY's dealer team on the spot to jointly explore the maternal and infant market.

In the morning of the meeting day, many merchant guests visited COOLBABY's5G Smart Workshop and Quality Inspection Department in depth.Intelligent production, scientific quality inspection, forward-looking design...Every innovative breakthrough of COOLBABY has strengthened everyone's confidence and intention to cooperate hand in hand.

On the eve of this customer meeting, on July 25, the construction of COOLBABY's Phase III Smart Factory project officially started, marking that COOLBABY's high-quality development has entered a brand-new stage.This year, COOLBABY plans to invest40 million yuan in the R&D of smart products, focusing on the application of environmental protection and new materials to comprehensively improve the competitiveness of smart products in the high-end market.The company will also invest heavily in building three-dimensional smart warehousing and smart logistics, promoting the networking of internal equipment and the integration of information systems, realizing the digitalization and networking development of all elements and processes of the company as well as digital transformation, strengthening the technological content of products and industry competitiveness, and forming industrial advantages.

Ms. Zhang Yingnian, Chairman of COOLBABY, delivered the opening speech. She first extended a warm welcome and sincere thanks to the distinguished guests present, and then gave an introduction from the aspects ofmarket overview, agency model, comprehensive strength, and prospect trends.

2023 is a year of economic recovery after the end of the pandemic. Looking at the market, "hardship" and "fierce competition" are almost common phenomena, and practitioners in the maternal and infant industry are also facing unprecedented difficulties. However, crises are always accompanied by opportunities. Chairman Zhang said, "With the emergence of new marketing models, the dividends generated by traditional agency sales are gradually disappearing. Private domain operation capabilitieshave become an important part of corporate sales. In an era where everyone is an IP, a streamer, and a channel, private domain e-commerce is booming and will surely subvert the traditional business model of the maternal and infant industry."

COOLBABY has also launched a new agency model of"Zero Threshold, Zero Franchise Fee, Zero Agency Fee, Drop Shipping for Single Item, After-Sales Guarantee, and Easy Entrepreneurship", allowing entrepreneurs to earn considerable profits while saving worries.

Chairman Zhang also mentioned that it is expected that the "Drop Shipping for Single Item" model launched by COOLBABY can enable more mothers who want to reduce the economic pressure on their families to easily join COOLBABY's agency team without any worries. Through the new model of achieving great things with small investments and driving overall development with individual breakthroughs, more aspiring young people can participate, realize their entrepreneurial dreams and achieve success.

Next, Chairman Zhang introduced one by one the strong strength accumulated over 17 years of focusing on baby carriages and cribs, the professional guarantee of being China's leading exporter of baby cribs, the product quality and operational guarantee under intelligent manufacturing + intelligent logistics + intelligent warehousing, the management guarantee supported by multiple management systems, and the achievement guarantee under honors such as National Demonstration Enterprise of Service-Oriented Manufacturing and National High-Tech Enterprise.

When talking about the product prospect guarantee of COOLBABY, she mentioned that with the upgrading of the concepts of the new generation of domestic consumers, cultivating babies' independent sleeping habits has been recognized by more and more young consumers, and the domestic baby crib market is being released. From2016 to 2022, the market share of China's baby cribs has been continuously growing, increasing from 5.18 billion yuan in 2016 to 8.03 billion yuan in 2022.COOLBABY's multi-functional portable foldable baby crib has become a leading brand across the entire network.

At the end of the speech, Chairman Zhang sincerely welcomed all insightful people to cooperate with COOLBABY, to jointly build a new sales model in line with the new era and new life, to set off hand in hand, to build a world brand, to occupy the industry high ground, and to achieve resource sharing and mutual benefit and win-win results.

Whether in the extremely unusual past three years or today after the end of the pandemic, COOLBABY has always moved forward proudly and continuously surpassed itself. Behind all this is the firm follow and full support of its partners.Today's gathering is also their moment of glory.At the lively meeting site,COOLBABY awarded honorary awards to outstanding partners.

Outstanding Partner-Ma Guanglei

Rising Star-Shen Jinyong/Zhang Ke

At this new historical starting point, to empower entrepreneurs and upgrade business models, Ms. Shao Xingmei, Deputy General Manager of COOLBABY, shared an analysis of the maternal and infant consumer groups and an introduction to product selection. She accurately analyzedthe current situation, characteristics and needs of the new-era maternal and infant consumer groups in raising children, providing a reference for the marketing direction of many merchants. At the same time, shegave a detailed introduction to the popular products and hot-selling product trends of COOLBABY, providing a reference product selection guide for merchants. In addition, Ms. Shao alsocomprehensively interpreted the cooperation policies and franchise requirements of COOLBABYand other information.

Continuously releasing the dividends of high-quality development, leaving the best development space for high-quality partners, and achieving mutual benefit and win-win results are the cooperation concepts that COOLBABY has always adhered to.COOLBABY will continue to increase the protection of merchants' investment from five aspects: price, risk, products, price control and guarantee system, continuously strengthen the investment services for merchants, and promote the in-depth and solid development of investment cooperation.

At this customer meeting, COOLBABY invitedYe Xudong, a specially appointed tutor of Bosum Business Managementto the scene for training and empowerment. As a practical marketing expert with accumulated over 1 billion yuan in Douyin IP incubation and monetization, Mr. Ye conducted an in-depth analysis of"How Douyin Helps Enterprises Achieve New Growth".The operational experience and marketing strategies shared by Mr. Ye provided valuable Douyin operation guidance for everyone.Mr. Ye mentioned that"There is no sluggish market, only incorrect marketing."It is hoped that merchants can better understand the advantages and development direction of COOLBABY, and formulate corresponding operational strategies according to Douyin marketing rules and their own situations to achieve breakthrough growth at an early date.

The atmosphere at the meeting was warm, and many merchants applied for on-site signing and cooperation. They said that this meeting gave them a clearer understanding ofthe future maternal and infant market and COOLBABY's layout and development, as well as a more clear direction on how to seize opportunities to improve competitiveness and sales volume. They are very much looking forward to moving forward hand in hand with COOLBABY to create a better future together.

This is a wealth conference for sharing opportunities and a relaxing gathering of friends. Everyone gathered here to jointly plan for the future in laughter and joy.

In the fiercely competitive maternal and infant market, COOLBABY's"leader" temperament is becoming increasingly prominent.COOLBABY is entering a golden period of development driven by both online and offline channels, which is a historical opportunity to share development dividends and create a win-win future.Walking with Love·Creating the Future, we look forward to the cooperation of every insightful person.Honored in the past, seizing opportunities in the present, and creating wealth together in the future.

With full longing, let uslook forward to the next brilliant gathering!