AWC STRENGTHENS THE NEW BENCHMARK OF THE WHOLESALE BUSINESS SECTOR, AEC TRADE CENTER

Real Estate News Tuesday March 14, 2023 10:00 —PRESS RELEASE LOCAL

AWC STRENGTHENS THE NEW BENCHMARK OF THE WHOLESALE BUSINESS SECTOR, AEC TRADE CENTER

Asset World Corp Public Company Limited or AWC, Thailand's leading integrated lifestyle real estate group, is enhancing the potential of Thailand's wholesale industry, promoting the AEC Trade Center as the region's most integrated wholesale destination by signing a strategic partnership agreement with Yiwu or Zhejiang China Commodities City Group Co., Ltd. (CCC Group), a state-owned enterprise that develops and manages the world's largest wholesale market for miscellaneous goods from Yiwu, China. The agreement signals CCC Group's confidence in the potential of Thailand by collaborating with AWC to create a sustainable ecosystem for Thai wholesale businesses sector. Mr. Zhao Wenge, President of CCC Group and Mr. Chokdee Wisansing, Executive Committee of Wholesale Business Unit of AWC, signed a strategic partnership in the presence of more than 20 executives from leading companies and entrepreneurs from China and representatives from the public and private sectors in Thailand, at the Grand Ballroom, Hilton Sukhumvit Bangkok.

Ms. Wallapa Traisorat, Chief Executive Officer and President, Asset World Corp Public Company Limited or AWC, states "AWC is pleased that Yiwu - CCC Group, the world's largest wholesaler, have confidence in the potential of Thailand with a commitment to strengthen trade between Thailand and China, connecting a network of Thai, Chinese, and global manufacturers. By signing a partnership agreement with AWC to drive the AEC Trade Center - Pantip Wholesale Destination in Bangkok and AEC Trade Center (Pratunam Pra-in) in Phra Nakhon Si Ayutthaya province, we are offering a new business model in the region to be the center of international wholesale manufacturers connecting to buyers across Southeast Asia. An INTEGRATED BUSINESS WHOLESALE PLATFORM will connect sellers and manufacturers around the globe directly to buyers through online and offline platforms, elevating the wholesale industry to meet the needs of sellers and buyers by consolidating international manufacturers into one platform to serve customers need across the region. With a full assortment of quality products along with various business services in one place, we will raise the country's wholesale industry, create an ECO-SYSTEM and offer a NON-STOP OPPORTUNITY for wholesale business, with the cooperation of leaders from both the public, private sectors, and trade associations to support and promote Thailand's potential as a truly regional trading hub."

Mr. Zhao Wenge, President of Zhejiang China Commodities City Group Company Limited or CCC Group, states "The company has confidence in AWC as a leading and high potential Thai entrepreneur. We have a common goal of promoting trade and investment between China and Thailand by continuing the cooperation that was in the past. Both CCC Group and AWC have a shared commitment and vision for Thailand to be a gateway for trade and export in ASEAN for Yiwu. Thai entrepreneurs will have access to quality products from China at wholesale prices from the manufacturer for buyers to purchase. This will also promote exports to China through our strong network."

Yiwu Thailand Selection Showcase by ATC was established as an integrated wholesale center in the heart of Bangkok, located in a prime location in Pratunam to serve as an exhibition center and business hub for Yiwu in Thailand, where Thai entrepreneurs can select products at wholesale prices from the manufacturer. The Solution Service Center (SSC) provides consultation services for the import and export industries, providing domestic and international business opportunities. "IC Mall", a center for selected quality products from Thai manufacturers to export to China both via offline and online channels including e-commerce and social media platforms such as Tmall.com, JD.com, Alibaba.com, Koala.com, and the IC_Mall Wechat Application. Export products from Thailand will be promoted through Phoenix Box online platform that is designed to response the needs of wholesale businesses in terms of transaction management services that match the business more easily, such as Bulk Purchase, Group Purchase, Multi Level Procurement.

AWC has a commitment to conduct its business under the sustainable development plan with the mission of "Building a Better Future". Interested entrepreneurs can find more details of Yiwu Selection by AEC Trade Center and IC Mall via Facebook AEC Trade Center - Pantip Wholesale Destination or at www.aectradecenter-th.com.

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