THE SUPPLY CHAIN FINTECH SERVICE PLATFORM INTEGRATING

INDUSTRY,ACADEMY, RESEARCH AND FINANCE

CORPORATE PROFILE

CORPORATE PROFILE

LX Digital Technology, established in Beijing in 2014, is a major company of digital inclusive finance and supply chain fintech throughout the country, with a registered capital of 50 million yuan. LXDT has been recognized as a China and Zhongguancun High-tech Enterprise and a Specialized, Refined, Characteristic and Innovative SME in Beijing. We have got the Software Product and Software Enterprise Certification and the National Information Security Classified Protection Level 3 Certification. LXDT is the director unit of the Cloud Commercial Paper Research Center, Central University of Finance and Economics, member of the Supply Chain Finance Committee of China Association of Trade in Services and director unit of the Bill Brokerage Committee of China Association of Trade in Services. We are committed to developing a smart credit platform that integrates industry, academy, research and finance and providing our clients with product design technology R&D and scenario-based service plan that covers the entire industry chain and the whole life cycle.

Such platforms as healthcare supply chain, energy industry supply chain, logistics transportation supply chain, agricultural supply chain, steel supply chain and cloud billing service operated by LXDT have achieved cooperation with over 200 financial institutions and more than 400 listed central and state-owned enterprises and large core enterprises, reached 910 billion yuan of total transaction amount and served over 50,000 SMEs. LXDT now is actively establishing the platform of automobile, tobacco and alcohol circulation, chemical engineering and so on. LXDT drives financial digital transformation with supply chain finance in an effort to cultivate the chief service officer for commercial credit circulation. We actively respond to national monetary policy and leverage advanced technologies like the Internet, AI, cloud computing, big data, and blockchain to reshape the service model of supply chain fintech and provide fintech support for MSMEs financial services, and join hands with our partners to create a new paradigm of growth driven by digital economy.

Six companies controlled and participated by LX Digital Technology

RENYIN FINANCE, Union Credit Information Co., Ltd., Hebei Information Industry Investment Digital Technology Supply Chain Management Co., Ltd., Guoan Big Data Technology Co., Ltd., LX GUOYI (Beijing) Medical Technology Co., Ltd., LX Zhongxin (Shanghai) Intelligent Digital Technology Co., Ltd.

Milestones

DEVELOPMENT HISTORY

2014

  • In November, LXDT was established. and was known as LX Investment and Financing (Beijing) Network Technology Co., Ltd.

2015

  • In November, a foundation under the State-owned Assets Supervision and Administration Commission of Haidian District, Beijing and ChinaVest made strategic Series A investment. LXDT teamed up with the Clearing Center of Minsheng Bank Head Office to develop and launch a financial service system.
  • In September, the number of users of the platform exceeded 3,000, the first month after the launch of the platform.
  • In August ,Cloud Billing, the first service platform launched by LXDT, was put into operation.

2016

  • In December, LXDT established a strategic partnership with CIB FINTECH, a subsidiary of Industrial Bank Co., Ltd. and developed a supply chain finance service system.
  • In June, our proprietary online factoring and financing service platform was put into operation.
  • In March , established Beijing-Tianjin-Hebei Collaborative Commercial Paper Exchange Center Co., Ltd. in collaboration with large SOEs in the region.

2017

  • In September, strategically invested in RENYIN FINANCE (which is subordinate to the PBOC Organ Service Center).
  • In March, established the Cloud Commercial Paper Research Center, Central University of Finance and Economics in collaboration with Central University of Finance and Economics, Jingsh Law Firm and CIB FINTECH.

2018

  • In November, established the Bill Brokerage Committee of China Association of Trade in Services of the Ministry of Commerce.
  • In November, established Wanlu Asset Trading Center Co., Ltd. in collaboration with Yitai Group.
  • In August , established Guoan Big Data Technology Co., Ltd. in collaboration with Inner Mongolia Yitai Group Co., Ltd. (hereinafter referred to as the “Yitai Group”) and launched a supply chain finance platform for the coal industry.
  • In June , Integrated the systems of LXDT and Chongqing Fumin Bank and launched Swift Bill Discounting.

2019

  • In July, established the Supply Chain Finance Committee of China Association of Trade in Services in collaboration with China Association of Trade in Services, Business and Economics Research Institute of Beijing Technology and Business University, China Center for County Region Economy Research, International Supply Chain Finance Research Center of Fudan University and other institutions.
  • In April, established a billing service center in collaboration with China Building Materials Association and Beijing Real Estate Chamber of Commerce, respectively.

2020

  • In September, established a subsidiary – Hebei Information Industry Investment Digital Technology Supply Chain Management Co., Ltd. - in collaboration with Hebei Information Industry Investment Group and expanded into the market of Hebei.
  • In May, issued the first N+N+N collective factoring ABS in China. LXDT teamed up Shenzhen Qianhai Equity Exchange, TF Securities and other institutions to issue a collective factoring blockchain ABS, the scale of which was RMB 322 million and the overall issuance shelf exceeded RMB 20 billion.

2021

  • In December, actively responded to the Made in China 2025 initiative and established a joint venture – LX GUOYI (Beijing) Medical Technology Co., Ltd. - with GUO YI KE JI to deepen cooperation with our partners in supply chain finance.
  • In October, deepened cooperation with the banking system and teamed up with China Construction Bank to launch an innovative cloud loan platform to provide strong support for industrial development and more affordable and more easily accessible financing solutions for MSMEs.
  • In March ,LXDT and Beijing Financial Security Industrial Park entered into a strategic cooperation agreement and jointly founded the Supply Chain Management Company. Both parties will bring their own resource advantages into full play to serve business credit and achieve win-win development.

2022

  • In July, established LX Zhongxin (Shanghai) Intelligent Digital Technology Co., Ltd. Rely on the relending business and the internal enterprise rating system of the People’s Bank of China (“PBOC”), use the assets rated by PBOC as the core assets and leverage our independent supply chain finance system to direct the flow of eligible assets to financial institutions and provide efficient financial services for financial institutions and MSMEs.
  • In July, launched the LX Enterprise Credit Platform. Address the critical challenges facing inclusive finance and make financial products and services more easily accessible and more affordable to micro and small enterprises. The platform provides micro and small enterprises with low-cost, low-threshold, and high-amount credit financing solutions through a combination of finance and data credit enhancement.
  • In OctobeLaunched the Centennial Asset Management - LXDT 2022 Guofeng No. 1 Supply Chain Asset Support Plan successfully. The issuance shelf was RMB 3 billion. It was issued in installments, with each term below 12 months. The first ABS issuance was RMB 382 million, including preferred securities of RMB 380.95 million.

2023

  • In April, teamed up with the Head Office of CHINA CITIC BANK to develop the first supply chain finance product for the healthcare industry in China. The launch of this product has helped promote financial inclusion and increase the accessibility to funds in the healthcare industry and lower financing cost for MSMEs.
  • In September, actively implemented the second-generation rating system of PBOC and launched the MSMEs pre-rating product line for the system to address insufficient eligible collateral of small and medium-sized financial institutions and provide professional support for MSEMs in accessing relending services of PBOC.
  • In December, strategically invested in Union Credit Information Co., Ltd., a national enterprise credit reporting agency in China, to provide comprehensive data services for financial transactions and trade transactions and enhance data security.
  • In December, Actively responded to the call of PBOC for the establishment of the enterprise capital flow and credit information sharing platform and worked with commercial banks and local government platforms to jointly develop the MSMEs payment credit information assessment model, promote MSMEs credit appraisal, help enterprises whose credit information hasn’t been filed with PBOC access financial services and make financing easier for MSMEs.

MEMBERSHIP

MEMBERSHIP

ENTERPRISE HONOR

  • MEMBER UNIT OF LOGISTICS AND SUPPLY CHAIN
    FINANCE BRANCH, CHINA FEDERATION OF
    LOGISTICS AND PURCHASING

  • DIRECTOR UNIT OF CHINA INTERNET
    FINANCE RESEARCH INSTITUTE

  • DEPUTY DIRECTOR UNIT OF CHINA ASSOCIATION
    OF TRADE IN SERVICES

  • DEPUTY DIRECTOR UNIT OF THE SUPPLY CHAIN
    FINANCE COMMITTEE OF CHINA ASSOCIATION FOR
    INTERNATIONAL ECONOMIC COOPERATION

  • MEMBER UNIT OF BEIJING FEDERATION OF
    INDUSTRY AND COMMERCE

  • 3A CREDIT ENTERPRISE

  • SOFTWARE ENTERPRISE CERTIFICATE

  • ZHONGGUANCUN HIGH-TECH ENTERPRISE CERTIFICATE

  • CERTIFICATE OF HIGH-TECH ENTERPRISE

  • MEMBER UNIT OF THE 10TH COUNCIL

  • QUALITY MANAGEMENT SYSTEM CERTIFICATION

  • BUSINESS LICENSE OF VALUE-ADDED
    TELECOMMUNICATIONS

  • THE CONTRIBUTION AWARD OF THE
    3RD CHINA COMMERCIAL FACTORING INDUSTRY

  • SPONSORED UNIT OF BILL BROKERAGE COMMITTEE OF
    CHINA ASSOCIATION OF TRADE IN SERVICES

  • "SRDI" ENTERPRISE IN BEIJING