Pioneering The Domestic Supply Chain Market<br/>and Becoming an International First-class Intelligent Platform Enterprise
The essence of supply chain finance is scenario-based finance, which heavily depends on supply chain and industrial scenes. The Supply Chain Finance Division leverages the company's strong logistics service capabilities, high-quality industrial customer structures, and rich supply chain scenarios to empower the main business, and create value. We adhere to the business development concept of "putting risk first, empowering the main business, and creating value", plowing into the customer's industry and industrial customers, deeply penetrating the customer's industrial chain and supply chain strategies, and providing logistics and finance services with the vision of industry experts. In doing so, we provide the "logistics + finance" solution for industry products, help the Company to form specialized, differentiated, and strategic customer service capabilities, seek the optimal solution in terms of the overall cost and efficiency of the supply chain, and continue to create value for customers and profitability for the Company.
In the new development pattern of "dual circulation", the stable industrial chain and supply chain have become crucial cornerstones for China's economic and social development. Supply chain finance can serve as a hub for connecting the industry chain, supply chain, and financial services, to overcome obstacles and reduce transaction costs. It can also connect large enterprises and small, medium and micro-enterprises, enabling them to serve as core channels for financial support for the latter. As such, it has emerged as a focus of policy encouragement and promotion in recent years.
The Sinotrans Supply Chain Finance Division is the only division that provides multi-product services in the field of supply chain finance. It offers two main categories of services.
The first category comprises trade execution services, including import/export proxy, procurement proxy, and sales proxy, which are centered around core supply chain customers or major industries involved in the Company's logistics services (automobiles, consumer goods, electronics, and medical care). Sinotrans Logistics' services are based on internal and external financial resources and cost advantages, and the team provides integrated supply chain services for core customers by addressing their financial pain points in the supply chain of raw material procurement, inventory management, and sales of finished goods. By addressing these goals, we help our customers to achieve a balance between transaction terms, shorten the accounts receivable period, accelerate capital turnover, improve inventory structure, and optimize financial performance.
Another category of supply chain financial services is scenario-based products. These include accounts payable factoring, supply chain data lending, and bill discounting. With Sinotrans' comprehensive industrial ecological resources and rich industry service experience, these services effectively revitalize the high-quality credit of large enterprises, solve the financing problems of small and medium-sized enterprises through the effective empowerment of modern technological means such as blockchain, Internet of Things, big data, and financial science and technology, thereby practicing the national inclusive finance policies and promoting the industrial chain to realize cost reduction and efficiency.