On the morning of May 19th, Wang Xiaoping, Minister of the Ministry of Human Resources and Social Security, along with a delegation, visited FIOCCO Group for an investigation. The focus was on the Group's innovative practices in stabilizing employment and supporting low-cost entrepreneurship as a full industrial chain enterprise. Accompanying the investigation were Song Xin, Director of the Employment Promotion Department of the Ministry of Human Resources and Social Security; Wu Weibin, Director of the Zhejiang Provincial Department of Human Resources and Social Security; Xu Luhui, Director of the Employment Promotion and Unemployment Insurance Division of the Zhejiang Provincial Department of Human Resources and Social Security; Yang Yong, Vice Mayor of Ningbo; Zhang Ruili, Deputy Director of the Ningbo Municipal Organization Department and Director of the Ningbo Municipal Bureau of Human Resources and Social Security; Chen Xingli, Deputy Secretary of the Yinzhou District Committee and District Mayor; and other relevant leaders. FIOCCO Group Chairman Shi Yun, Director and President Shi Mei warmly received the delegation.

Minister Wang conducted an on-site inspection of the Group's exhibition panels, enterprise sandbox model, Y11 brand display and sales center, and Y11 fashion block. She gained a comprehensive understanding of FIOCCO Group's development history, core business sectors, and achievements in innovation and transformation. Special attention was paid to FIOCCO's key initiatives in providing full industrial chain collaborative services for innovation and entrepreneurship enterprises, empowering startups to accelerate their growth.

During the investigation, Minister Wang fully affirmed FIOCCO Group · YESGO Valley's "industrial ecology + innovation and entrepreneurship incubation" model. She particularly praised the park's "two lows and two highs" service approach, which significantly enhances entrepreneurial outcomes: improving startup success rates through industrial chain resource integration and reducing costs and risks for startups by leveraging relevant policies. Currently, among the 150 enterprises stationed in the park, over 80% are startups by university students, covering the entire industrial chain ecosystem, including fabric and accessory supply, creative design, domestic and international trade, e-commerce live streaming, and cross-border trade.

Finally, Minister Wang emphasized the need to continue leveraging the active role of human resources and social security departments in employment and entrepreneurship training and policy support. She encouraged FIOCCO Group to further develop a demonstration platform for "industry-education integration," providing more replicable experiences for stabilizing employment and promoting entrepreneurship.