Yili Company purchases through the use of electronic procurement platforms.

The Yili Group's "e-Procurement Platform" was launched in 2010. It is a personalized e-procurement solution based on business model research and demand analysis of each business unit and combined with the production-oriented procurement characteristics of the group company. The electronic procurement platform has gone through stages such as solution design, customized development, system testing, and project acceptance, and is now entering the trial operation stage.

Electronic procurement is a modern procurement model based on the Internet. It is a face-to-face online transaction initiated by the purchaser, such as online bidding, bidding, negotiation, etc. With the development of information technology, modern procurement models using the Internet as a platform have attracted more and more attention from enterprises. Compared with traditional bidding methods, electronic procurement converts static quotations into dynamic quotations, allowing suppliers to compete with multiple quotations in a fair environment, thereby effectively reducing corporate procurement costs. The use of electronic procurement platforms saves time in document circulation, procurement approval and other aspects, greatly improves work efficiency, effectively solves management bottlenecks such as the accumulation and sharing of pricing data resources, and off-site bid evaluation, and truly realizes the integration of Internet transactions. Efficient, convenient and low cost.