Handan Yipin Yibo Network Technology Group Co., Ltd. was established in April 2025 as a wholly state-owned enterprise solely held by Handan Chengyun Asset Management Co., Ltd. The group adopts a “1+20” structure and has invested in 26 subsidiaries covering all counties and districts of the city, aiming to integrate regional livestreaming ecommerce resources.It implements the “One Product, One LiveStream” model and has set up a dualtrack product selection mechanism that combines local specialties with highquality external products. The group operates over a thousand online stores on major ecommerce platforms.In 2025, its total sales exceeded 1.06 billion yuan, and it effectively reduced the city’s overall logistics operating costs by approximately 20%. It serves as a key stateowned platform driving the development of  Handan’s digital economy.