COHESION INTEGRATION
AND WIN-WIN FUTURE
Ordos Yitai Investment Holdings Co., Ltd.
Joint Ventures
In August 2018, to deal with enormous coal trading and rapid development of energy and chemical engineering, assist core enterprises in establishing a commercial paper ecosystem and help small and medium-sized suppliers find a solution to financing difficulties, LXDT worked with Ordos Yitai Investment Holdings Co., Ltd. and Inner Mongolia Tianyan Equity Investment Center to establish Guoan Big Data Technology Co., Ltd. After two-year layout development and cooperation, efforts are made to design whole-process online service, develop Guoan supply chain financial service platform and offer one-stop financial service system for enterprise clients. At present, the platform has connected with such banks as PAIC and CCB to offer diversified services and promote innovative integration and prospective layout of core enterprises. The data of commercial paper service on the platform has been increased from 860 million yuan at the end of 2018 to 7.11 billion yuan at the end of 2021; by the end of 2021, the platform boasted of 15 core enterprises and nearly 600 registered corporate members and over 20 financial institutions. The financial service of 12.3 million yuan for all kinds of supply chains has been rendered.
The platform has operated asset service center and commercial factoring company for the purpose of providing better service for small and medium-sized financing clients, constantly improving market recognition and financing competitiveness of Yitai commercial paper, removing barriers of interest rate and facilitating circulation. The discount interest rate has generally decreased from 8% (APR) in 2019 to 3.58% (APR) in 2021. The interest rate is on the decline while increasing business.
Anhui Zhongji Guoyi Medical Technology Co., Ltd.
Joint Ventures
Medical consumables surge annually at the rate of 20% in recent years, but hospitals don't have them controlled effectively. Now, the semi-automatic management prevails, such as EIMS, offline procurement and paper statement. Meanwhile, the full implementation of “two-invoice system” also put ever-increasing financial pressure on circulation enterprises. Under the circumstances, the service model of SPD+ supply chain finance emerges at a historic moment. SPD + supply chain finance is based on the real trading between suppliers and hospitals, which is the model of financial innovation that takes receivables as reference. Rely on advanced technology like big data, blockchain, cloud computing and intelligent risk control to provide custom fintech solution for all enterprises of each link along the supply chain, effectively release enterprises of supply chain from financing difficulty and accelerate capital turnover of suppliers; enterprises along the supply chain can get access to online financing in an easy and convenient way without mortgage and guarantee.
1.banks approve total credit limit for hospitals. Hospitals recommend high- quality suppliers of medical consumables based on the total credit limit; 2. banks approve direct credit limit for each supplier of medical consumables; 3. make online confirmation on the platform based on statements of SPD system, hospitals and suppliers; 4. suppliers provide statements, bill of particulars and invoices through service platform to apply for financing; 5. banks verify statements and invoices and make loans; 6. Hospitals pay off a loan on due date. Banks determine repayment account and automatically deduct money on schedule;