Company: JWEL
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001213900-25-041556
Chunk: 30

Company: Jowell Global Ltd.
Filing Date: 2025-05-09
Form: 20-F
Item: Item 4
Chunk 30
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. com, and E-Commerce
China Dangdang Inc., which operatesDangdang. com.

1. Competitive advantages of Juhao’s
online and offline retail model

We have been using big data and artificial intelligence
technologies to collect and analyze consumers’ activities on our platform and their shopping patterns as permitted under laws and
regulations, such as the time each customer spends on our platform, the web pages such customer visits, how long the customer spends on
each web page, how often such customer visits our site, average spending amount that such customer spends each order and products she/he
purchase, the location of such customer, whether she/he is a repeat customer, from which search engine or portal such customer is directed
to our site and whether she/he use computer or mobile-app, etc. We also use big data and artificial intelligence to analyze our suppliers’
products, qualifications, production capacity, technology, management and credibility. Relying on the Internet, through the use of big
data, artificial intelligence and other advanced technologies, we continuously upgrade our product offering and service processes to improve
our business model so that it deeply integrates online service, offline experience and modern logistics.

Ecosystem

Our business platform includes an online shopping
platform, mobile app, physical stores, warehouse and shipping center and marketing channels which are embedded to improve our capability
to better meet our consumers’ requirements for convenient and comfortable shopping experience, which ultimately increase user stickiness.

Boundless

Through the efficient integration of online platform
and offline stores, consumers can enjoy shopping at any time and any place, through a series of diversified channels such as physical
stores, online shopping malls, live streaming shopping, self-media platform such as our WeChat public information release account. Our
customers can interact with companies or other consumers, including discussion of product experience, product consultation and purchase
of products and services.

Intelligent Business Model

The important foundation for the existence
and development of our business model is the improvement of personalization, instantaneity, convenience, interaction, accuracy and
fragmentation in the shopping experience of our customers. In 2021, Shanghai Juhao started to use Zhonglun intelligent cashier
cloud-based platform, which is aimed to realize its online and offline interaction and launch a self-checking out system with
self-service cashier equipment in certain of its offline stores. In 2021, our Juhao Best Choice Stores launched Qiyun Choice
community group purchase business, combined with