Company: JWEL
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001213900-25-041556
Chunk: 16

Company: Jowell Global Ltd.
Filing Date: 2025-05-09
Form: 20-F
Item: Item 4
Chunk 16
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, and those products account for 47.2% of the products sold on our platform for the year ended December
31, 2024.

Since August 2017, we have been also selling our
products in our authorized retail stores all across China. Operating under our brand name of “ Love Home Store” or “ LHH
Store”, the authorized retailers may operate as independent stores or store-in-shop (an integrated store), selling products that
they purchased through our online platform LHH Mall under their special retailer accounts with us which provide them with major discounts.
As of December 31, 2024, we had authorized 26,857 Love Home Stores in 31 provinces of China, providing offline retail of our products.

On April 28, 2021, the Company announced it has
officially launched its “ Juhao Best Choice” community group-buying store initiative to continue growing its offline retail
market presence. The community group-buying offline stores sell fresh produce, foods and daily household consumer products in addition
to the cosmetics and health and nutritional supplements currently sold in the Company’s franchised LHH Stores. The community group-buying
stores aim to provide a more convenient shopping experience and high-quality produce and foods for consumers from local communities, towns
and villages across China. Juhao Best Choice stores consolidate online and offline resources for store design and logistics services and
provide guidance and trainings for store owners with a unified system for store management, design, service criteria, SKU management and
product delivery. The Company also provides the store owners with live-streaming marketing skill training and upgrade and expands certain
existing LHH Stores to Juhao Best Choice stores. As of December 31, 2024, Shanghai Juhao has opened five self-operated Juhao Best Choice
community group buying stores in China as the experimental and demonstration stores for this development.

We have relationships with leading cosmetics and
health and nutritional supplements manufacturers and distributors in China, which not only to provide us with high-quality products, but
also supply chain services to our platform. By connecting these suppliers/distributors with our online sales and offline authorized stores,
we have created a closed-circle to bring tremendous convenience and cost savings to our customers.

Through our website at www.1juhao. com and mobile
app, we engage primarily in the sales of cosmetic products, health and nutritional supplements and household products sourced from manufacturers
and distributors in China. Currently, we have three types of revenue streams deriving from