China Zhongji Investment's strategic investment in Fusheng Jinko is expected to bring synergistic industrial development and technological empowerment.
Recently, China Zhongji Investment made a strategic investment in Fusheng Jinko (Beijing) Technology Co., Ltd. (hereinafter referred to as "Fusheng Jinko"). China Zhongji Investment hopes to use Fusheng Jinko as a key hub to promote business synergy among dozens of companies in its industrial ecosystem and leverage financial technology to empower its portfolio companies. This strategic investment is a landmark event.
Fusheng Jinko is an industrial financial technology company. It has accumulated a large number of capital channels from banks and trusts, as well as asset channels from industrial groups. It mainly provides data, financing, and technology solutions for ecosystem companies in the industrial supply chain.
At the signing ceremony, Wen Yuanhua, president of China Zhongji Investment, said that he hopes Fusheng Jinko can achieve technological empowerment in the fields of real estate, consumption, finance, construction engineering, biopharmaceuticals, and auto finance, participate in the in-depth excavation and integration of the value chain of China Zhongji Investment's various industries, and achieve mutual benefit and win-win results for both parties.
Wu Liangshan, chairman of Fusheng Jinko, said that China Zhongji Investment, as a well-known large investment group in China, has shown its recognition of the future of the financial technology industry through its strategic investment in Fusheng Jinko.
He pointed out that based on the financing and integration needs of the upstream and downstream supply chains of corporate customers and the consumption needs of individuals, Fusheng Jinko is committed to building supply chain financial information service platforms and consumer financial information service platforms. By using technological means, it empowers industrial finance and consumer finance. It is particularly noteworthy that the integration of financial technology and the industrial chain will greatly improve the economic efficiency of the industrial chain, and China Zhongji Investment, as an industry leader, will provide natural business scenarios for the implementation of financial technology. As an invested company, Fusheng Jinko will take the realization of shareholder value as its responsibility and strive to become a leading financial technology company in China.
Some analysts believe that this injection of capital is another major development for Fusheng Jinko following its strategic cooperation with Tencent in late 2018, effectively enriching Fusheng Jinko's operational capabilities and strengthening its main business layout. Subsequently, Fusheng Jinko will continue to cooperate with major industrial groups to carry out financial technology business.
It is understood that at the end of 2018, Fusheng Jinko signed a deep cooperation agreement with Tencent in Beijing. The two sides plan to fully cooperate in the construction of a financial technology ecosystem, jointly build a financial technology system, and create more financial technology application scenarios based on existing products and technologies.
Against the backdrop of a downturn in the Chinese economy and the widespread "capital shortage" among various small and medium-sized enterprises, China Zhongji Investment hopes to improve the efficiency and level of financing and management in the industrial ecosystem through its investment, leveraging the power of financial technology. This clearly has exemplary significance.
China Zhongji Investment was jointly established by nine leading private enterprises in Hebei Province, focusing on the coordinated development of large industries and large finance in the Beijing-Tianjin-Hebei region. It is the largest industrial investment group in Hebei Province. China Zhongji Investment grasps the development trend of the Beijing-Tianjin-Hebei integration, takes root in the Beijing-Tianjin-Hebei region, and lays out the whole of China. Its investment philosophy particularly emphasizes "industry," stressing respect for the basic laws of industrial development and pursuing value investment. Through in-depth research into the laws and trends of industrial development, it carefully selects strategic emerging and innovative industries. It mainly focuses on enterprises with sufficient growth and expansion potential, special industry status and prominent core competitive advantages, and strong management team execution capabilities.
Fusheng Jinko's positioning in the industrial sector is a co-builder of the industrial chain ecosystem. In terms of technology, it uses internet technology, blockchain technology, Internet of Things technology, and big data. In terms of finance, it uses enterprise credit, bank credit, Zhang E Yun, Piao E Yun, order financing, and cloud inventory to jointly help enterprises improve their debt and liquidity, increase revenue, reduce costs, increase speed, and strengthen their competitiveness in the industrial chain. At the same time, based on the business scenarios of the entire supply chain and different data assets, it designs corresponding products to meet financing needs. From enterprise credit, risk assessment, differentiated pricing of customer services, to enterprise EVA analysis, it has established a credit payment system and a financing product system, connecting the transaction data management module, master data management module, and logistics and transportation service module into an organic whole.
