Recently, leaders of the Municipal Bureau of Commerce and relevant staff visited our company for a visit and investigation, and deeply understood the difficulties and needs faced by enterprises in carrying out foreign trade export business, and provided practical and effective help and support to enterprises to promote Hosea Chem to further expand the scale of foreign trade exports and enhance market competitiveness.
During this visit, the leaders of the Municipal Bureau of Commerce had an in-depth exchange and discussion with the company's management and heads of relevant business departments. The company representative gave a detailed introduction to the visiting leaders on the company's development history, current business scope, product features and layout in the international market. At the same time, they also frankly reported the bottlenecks encountered in the current expansion of foreign trade export business, such as the increase in trade barriers, the risks brought by exchange rate fluctuations, and the increase in international logistics costs.
The leaders of the Municipal Bureau of Commerce listened carefully to the company's report and highly affirmed the efforts and achievements made by our company in promoting the development of foreign trade over the years. They said that enterprises are an important force in promoting local economic development, especially in the current complex and changing international economic situation, government departments have a greater responsibility and obligation to provide enterprises with comprehensive services and support to help them overcome difficulties and achieve better development.
In response to a series of questions raised by the company, the staff of the Municipal Bureau of Commerce gave detailed answers and guidance on the spot. In terms of trade barriers, they shared the latest international trade policy trends and response strategies, and suggested that enterprises strengthen communication and cooperation with industry associations to jointly respond to external challenges; for exchange rate risks, they introduced some effective financial tools and risk management methods to help enterprises reduce losses caused by exchange rate fluctuations; on the issue of rising international logistics costs, the Bureau of Commerce stated that it will actively coordinate with relevant departments and logistics companies to explore effective ways to optimize logistics channels and reduce logistics costs.
In addition, the Municipal Bureau of Commerce also stated that it will provide our company with more market information and resource docking opportunities. They plan to organize enterprises to participate in important trade fairs and business activities at home and abroad to help enterprises expand international market channels and find more partners. At the same time, they will also assist enterprises in conducting cross-border e-commerce business and guide enterprises to use Internet platforms to enhance the international visibility and market share of their products.
The visit of the Municipal Bureau of Commerce not only solved practical problems for our company, but also made us feel the government's care and support for enterprises. All employees of the company are deeply encouraged and full of confidence in future development. We will take this opportunity to make full use of the policy support and resource advantages provided by the Municipal Bureau of Commerce, increase market development efforts, improve product quality and service level, and strive to achieve new breakthroughs in foreign trade export business.
We believe that with the continued attention and help of the Municipal Bureau of Commerce, Hosea Chem will be able to achieve greater development in the international market and make greater contributions to the prosperity of the local economy. At the same time, we also look forward to further strengthening cooperation with the Municipal Bureau of Commerce in the future, jointly exploring more development opportunities, and jointly creating a new situation for foreign trade exports.