(Photo Note: Ms. Huan Ma, the founder and CEO of YOYOSO Brand, signed a strategic

　　cooperation agreement with Sanjay Bhimsaria, CEO of YOYOSO South Africa Company)

　　On April 11, 2019, YOYOSO and the South African company held a grand signing ceremony. Ms. Huan Ma, the founder and chairperson of YOYOSO and Mr. Sanjay Bhimsaria, CEO of South Africa, Mr. Tarosh Krishan Ramjathan, Director of Operations, and Mr. Faraaz Mahomed, Brand Director, attended the signing ceremony.

　　(Photo Note: Ms. Huan Ma, the founder of YOYOSO Brand, delivered the opening speech)

　　(Photo Note: Sanjay Bhimsaria, CEO of YOYOSO South Africa Company, delivered a speech)

　　(Photo Note: Faraaz Mohamed, Brand Director of YOYOSO South Africa Company,

　　delivered a speech)

　　South Africa is the second largest economy in Africa. People have a relatively high living standard and the economy is relatively stable compared to other African countries. Finance, law, communications, energy, transportation and other industries are relatively developed, with a complete hardware infrastructure and stock trading market, the production output of gold and diamond ranks first in the world. South Africa has a broad market space and it is an important step of YOYOSO layout in Africa. In the future, the two parties will work together to inject new strength into the local department store industry and promote the rapid development of YOYOSO products in the South African market.

　　(Photo note: Group photo of YOYOSO senior leaders and

　　YOYOSO South Africa company senior leaders)

　　Since its foundation, YOYOSO has always followed the living philosophy of being “simple, natural and rich texture” and the brand concept of “returning to nature and restoring the essence of products”, and has been committed to providing products with “high quality, creativity and competitive price” to consumers. The products are favored and hot by consumers around the world. In addition to providing cost-effective products, YOYOSO has also been dedicated to creating a free and easy shopping experience like at home for customers. This in-depth cooperation will also bring leisure and shopping happiness to South African consumers, and accelerate the rapid development of brands and global partners in the international market.