On August 18th, Wanma Co., Ltd. announced at noon that the company's board of directors reviewed and approved the proposal to carry out bill pool business, agreeing that the company and its subsidiaries plan to engage in bill pool business with domestic commercial banks with a total spot balance not exceeding 3 billion yuan, and the above quota can be used in a revolving manner. Bill pool business refers to the comprehensive management service provided by the agreement banks to meet the needs of corporate clients for unified management and overall use of the commercial bills they hold, which includes functions such as bill custody and collection, bill pledge pool financing, bill discounting, bill agency inquiry, and business statistics