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Yankuang Intelligent Logistics enters record first supply-chain financing agreement

published:2021-12-31

_DSC9643

On December 20, Yankuang (Hainan) Intelligent Logistics Technology Co., Ltd. signed a financing agreement with Chuanneng (Hainan) International Industrial Development Co., Ltd. for 3,800 tons of liquefied natural gas (LNG), with a financing amount of RMB 18 million. This is not only the first business that Yankuang Intelligent Logistics has successfully launched in Hainan since its establishment, but also the first implementation of the company's innovative strategic concept of "industrial supply chain platform" after theoretical proofing, technical feasibility study and platform construction.

In a quick response to CPC Central Committee’s call on constructing Hainan Free Trade Port, Yankuang Intelligent Logistics was established and went into operation in Hainan. Specialized in the trading of coal, non-ferrous metals, petrochemicals, natural gas and other bulk commodities, the company aims to operate its business globally and is committed to building a global industrial supply chain platform and becoming a leading international organizer of commodity supply chain ecology.

"Compared with traditional trade business, industrial supply chain order financing business is conducive to core enterprises to quickly link upstream and downstream customer resources, strengthen business control, reduce capital pressure and increase customer loyalty," commented by Wang Dong, the CFO of Yankuang Intelligent Logistics. He also told reporters that the financing business also provides solutions to downstream enterprises in terms of capital turnover, which allows them to obtain low-cost financing directly from banks without employing their own funds and diversifies the funding sources.

Reportedly, the industrial supply chain platform unveiled this time around is mainly based on the the main-body credits of Yankuang Intelligent Logistics Company in upstream and downstream enterprises and banks. Starting from initial combination of offline and online channels, the company resorted to big data, bank and corporate direct linkage, Internet of Things, and SaaS, as a way to enable banks to grant online credit to clients independently and thus create a  financing model that builds on but does not fully rely on core enterprises and deeply optimizes industrial supply chain services.

It is known that this move can significantly shorten the raw material procurement and product operation cycle, timely lock the cash purchase price against market fluctuations, and realize advanced stock-up, 7/24 delivery services and refined goods management.

Wang Dong said that going forward, Yankuang Intelligent Logistics will continue to rely on technological innovation and R&D and ensure every detailed links of risk control management, chain-link transactions, settlement, delivery and supply chain financial services, with a view to establishing a better modern logistics trade industry platform and sharpen the company’s core competitiveness.

Yankuang Intelligent Logistics enters record first supply-chain financing agreement

2021-12-31

_DSC9643

On December 20, Yankuang (Hainan) Intelligent Logistics Technology Co., Ltd. signed a financing agreement with Chuanneng (Hainan) International Industrial Development Co., Ltd. for 3,800 tons of liquefied natural gas (LNG), with a financing amount of RMB 18 million. This is not only the first business that Yankuang Intelligent Logistics has successfully launched in Hainan since its establishment, but also the first implementation of the company's innovative strategic concept of "industrial supply chain platform" after theoretical proofing, technical feasibility study and platform construction.

In a quick response to CPC Central Committee’s call on constructing Hainan Free Trade Port, Yankuang Intelligent Logistics was established and went into operation in Hainan. Specialized in the trading of coal, non-ferrous metals, petrochemicals, natural gas and other bulk commodities, the company aims to operate its business globally and is committed to building a global industrial supply chain platform and becoming a leading international organizer of commodity supply chain ecology.

"Compared with traditional trade business, industrial supply chain order financing business is conducive to core enterprises to quickly link upstream and downstream customer resources, strengthen business control, reduce capital pressure and increase customer loyalty," commented by Wang Dong, the CFO of Yankuang Intelligent Logistics. He also told reporters that the financing business also provides solutions to downstream enterprises in terms of capital turnover, which allows them to obtain low-cost financing directly from banks without employing their own funds and diversifies the funding sources.

Reportedly, the industrial supply chain platform unveiled this time around is mainly based on the the main-body credits of Yankuang Intelligent Logistics Company in upstream and downstream enterprises and banks. Starting from initial combination of offline and online channels, the company resorted to big data, bank and corporate direct linkage, Internet of Things, and SaaS, as a way to enable banks to grant online credit to clients independently and thus create a  financing model that builds on but does not fully rely on core enterprises and deeply optimizes industrial supply chain services.

It is known that this move can significantly shorten the raw material procurement and product operation cycle, timely lock the cash purchase price against market fluctuations, and realize advanced stock-up, 7/24 delivery services and refined goods management.

Wang Dong said that going forward, Yankuang Intelligent Logistics will continue to rely on technological innovation and R&D and ensure every detailed links of risk control management, chain-link transactions, settlement, delivery and supply chain financial services, with a view to establishing a better modern logistics trade industry platform and sharpen the company’s core competitiveness.

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