The 2024 World Economic Forum will focus on security cooperation in a divided world, climate and energy strategies, the development of artificial intelligence, and job growth in the new era, while global trade is expected to increase by 3.3% in 2025. However, the rise of global unilateralism, through measures such as tariffs, non-tariff barriers, and domestic component regulations, has increased the risk of retaliation and policy uncertainty, undermined the multilateral trading system, weakened global supply chains, and exacerbated geopolitical economic fragmentation. The 2024 government work report has listed building internationally influential brands as an important task. The Ministry of Commerce, the People's Bank of China, the State Financial Supervision and Administration Commission, and the State Administration of Foreign Exchange jointly issued the "Opinions on Strengthening the Synergy between Commerce and Finance to Support the High-Quality Development of Cross-border Trade and Investment with Greater Efforts", supporting the high-quality development of cross-border trade and investment.

Swancor Advanced Materials has always closely followed the national "Belt and Road Initiative", actively responded to the trend of going global, and through its industrial plants in Taiwan and factories in Malaysia, has been actively laying out overseas markets. Its business has expanded to the Middle East and Southeast Asia, and it is constantly exploring customers in Europe and America. In the first half of 2024, the company's overseas revenue reached 253.7358 million yuan, an increase of 25.5% year-on-year, accounting for 36% of the total revenue. This achievement is attributed to the company's long-term commitment to technological innovation, product quality and customer service. The designed production capacities of the factory in Malaysia and the Xingye factory in Taiwan are 32,070 tons and 40,285 tons respectively, providing a solid supply guarantee for global customers.

Facing the growth of global demand, Swancor Advanced Materials will continue to increase its investment in research and development, optimize its product structure, and enhance its service level to meet the global customers' demands for high-performance materials. Facing the growth of global demand and the intensification of trade competition between China and the United States, Swancor Advanced Materials has taken proactive measures by setting up factories in multiple locations to cooperate with outsourcing production, thereby diversifying risks. Strengthen the localization and diversification of the supply chain, build a global distributor system, and ensure the company's stable development in the global market.

Swancor Advanced Materials continuously enhances its global management capabilities, responds to the uncertainties of the global environment, provides high-quality products and services to global customers, jointly promotes the development of green energy, and contributes Swancor's strength to the sustainable development of the world economy.