A few days ago, Yixin's enterprise-level financial service cloud platform, Yiqi Yunfu, and Moby, a chemical e-commerce comprehensive service platform, have reached a strategic cooperation. Both parties will provide supply-chain finance as the foundation for the global chemical, pharmaceutical, and new materials industries. Innovative services to jointly improve the application of supply chain financial services in the field of chemical electricity supplier.
Based on supply chain finance and corporate financial management, Yixin Wing Qiyunfu has provided financial services support for more than 20 industries including steel trade, agriculture, education, and chemical industry.
In recent years, China’s chemical industry has shown a slight upward trend in the performance of overall economic performance indicators. The data monitored by the China Business Industry Research Institute shows that in 2017, China’s chemical industry above designated size achieved a total revenue of RMB 8.7109 trillion. The year-on-year decrease was 0.7%; the chemical industry realized a total profit of 604.6 billion yuan, a year-on-year increase of 21.3%, an increase of 10.6 percentage points compared with the previous year. However, there are still difficulties and problems behind the trend, with outstanding performance in the structural structure. 4. Excess, long industrial chain, lagging supply chain management, etc.
At the same time, with the advancement of structural reforms on the supply side and the continuous deepening of the industrial Internet, 'Internet+' is bringing new blood to the traditional chemical industry. It aims to 'shorten the trading chain, reduce transaction links, and increase the transparency of the supply side's transactions. 'The chemical B2B platform for the key purpose can provide more efficient trade solutions for the chemical industry.
As a leading global chemical e-commerce comprehensive service platform, after five rounds of financing and years of rapid development, Mobike has become a chemical e-commerce platform with a rapid growth rate and a relatively large transaction volume in the industry. Chemical data services, trading, supply chain finance and other fields of layout.
The cooperation between Yishang Yiyun and Shanghai Mobike provided new ideas for solving the problem of trade capital flow. Taking Moby’s proprietary business as an example, Mobbe began to focus on domestic suppliers after buyers’ demand for purchases. Purchasing, the acquisition of goods that occurred in Mobei and domestic suppliers was solved by Yiqi Yunfu, which not only shortened the billing period of upstream suppliers, but also greatly reduced Mobi's financial pressure. On the other hand, buyers passed Mobike’s self-support platform purchases goods, often with a very long credit period. If it is a foreign buyer, this account period is even more uncontrollable. At this time, Wing Kaiyun’s accounts are based on real trade. The account is based on the proportion of payments made in advance for Mobe, until the buyers pay back and then repay.
Due to the complexity of B2B transactions and the special attributes of commodity trading, the demand for chemical supply trade for supply chain finance is very strong. In particular, suppliers upstream of the entire trade chain and buyers located downstream are often unable to accept financial restrictions. Purchasing, manufacturing, sales, agency and other aspects are highly effective. In the future, based on real trade behavior, focusing on different stages of trade behavior, Yixin Wing Qiyun Service will cooperate with Mobei to provide convenient and complete supply for upstream and downstream SMEs. Chain financial services, the lifting of funding problems brought about its development constraints, improve trade flow efficiency.