BUSINESS CONTENTS - LOGISTICS NETWORK IN CHINA - SHANGHAI BAIHONG TRADING CO., LTD. - Products of foreign manufacturers and Chinese manufacturers -> Baihong -> Retail sellers - Establishing delivery centers (receipt of goods -> shelving -> storage -> pick up -> distributive processing -> loading -> shipment) - Building an information system to manage inventory. - Obtaining export rights - Performing product sorting, affixing price tags, and goods inspection. Delivering one container at a time containing a small quantity of various types of products. moving high-cost tasks from Japan to China (moving production function to China -> moving logistics function to China) - Obtaining import rights as well as domestic wholesale rights. Performing administrative duties related to import. - Experience in importing building material manufactured in Japan and electronics parts made in Korea. - Currently, clothing wholesalers in small size sell to small retail sellers in most cases. - Opened its first store in Shanghai, a cash-and-carry wholesaler in Baihong selling textile goods made in China and daily necessities (made in China by Japan sold in Japan) to mid- to small-size retail sellers. They are able to acquire information from the retailers at the same time. - We store goods in our storage facilities and perform deliveries on behalf of our clients. We can also develop retail services. - It is not easy for any Japanese company to penetrate the market in China independently. Credit and debt collection, adjusting to Chinese business practices, exploring sales routes. - Japanese companies cannot succeed without having local creditworthiness and knowledge regarding Chinese corporations.           - Joint partner: Shanghai Yibai (group) co., LTD. - One of the best comprehensive distribution corporations, which has retail, wholesale and logistics companies under its umbrella. No. 1 Department Store (well-established department store listed on Shanghai stock exchange) Shanghai Orient Shopping Center LTD. (Department store created out of the joint with Hong-Kong Shanghai industry Ltd. Company. Chinese government approved.) Nextage Shanghai (Department store created out of the joint with former Yaohan. Chinese government approved.)           - Revolutionizing the ineffective distribution industry Establishing delivery centers. Stock management. Educating Chinese staff members.   Copyright(c) 2004 Marubeni Logistics Corp. all right reserved.