On May 4th, Sinoway Energy Business Department conducted market bidding/tendering and bargaining for logistics and transportation of Jiangsu branch and Weifang branch from May to July respectively.

This open market bidding/tendering and bargaining follows the principle of win-win cooperation, fairness and justice, and the total amount of commodity transportation of Jiangsu and Weifang companies from May to July is announced. The market fairly accepts the bids and quotations of logistics suppliers filed with the company, which shows the continuous exploration and innovation of Sinoway in market bidding/tendering or bargaining.

Among them, the total amount of goods transported by Jiangsu branch from May to July was about 80,000-90,000 tons. For this bidding/tendering work, the Commercial Department conducted the process control by closed and confidential whole process and arranging individual, adopts online bidding, and announced the winning bidder on the spot, which makes the bidding/tendering work more rigorous, meticulous, formal and standardized, and opened a new logistics procurement mode of Jiangsu branch with quarterly total amount as the target since it was put into production. The total logistics volume of Weifang branch from May to July is about 100,000 tons. At present, the company adopts one-time logistics quotation bargaining method by online video. The bargaining group composed of the General Manager of logistics company, the General Manager of commercial company and the General Manager of group conducts online bargaining. After passing the qualification examination, the logistics company issued the quotation uniformly, and made online bargaining confirmation on May 6. After Weifang branch successfully adopt the quotation of logistics company, the logistics company exclusively carries the two-way transportation work of logistics destination of Weifang branch from May to July.

Through logistics bidding/tendering and bargaining, Sinoway has opened a new mode of cooperation with logistics companies based on quarterly logistics volume. The starting of bidding/tending of Jiangsu branch and bargaining mode of Weifang branch have greatly reduced the tedious negotiation of the company and saved a lot of steps of contract execution and uncertainty of logistics companies. It also enables logistics companies that won the bid or negotiated successfully to concentrate resources and stabilize transportation capacity, and at the same time, operating costs of both parties are reduced, thus achieving a win-win situation for logistics providers and Sinoway.

Sinoway is willing to work with all partners who cooperate with our company to create a fair, just, selfless, open and win-win market business environment. Through mutual support and understanding, they can jointly solve the problems faced in cooperation and realize mutual benefit and innovation and win-win.