Introduction to the Business Model of Zhejiang Wangsheng Business Treasure
Currently, the Chinese economy has entered a new normal of development. In order to better enhance the core competitiveness of the enterprise and improve the value of customer service, Yaxing Chemical actively explores and tries the integration of traditional industry and Internet plus. In March 2016, Yaxing Chemical (stock code 600319) partnered with Wangsheng Business Treasure (stock code 002095) to gradually promote the online and financialization of traditional sales for the company.
The business models of Wangsheng Business Treasure are divided into two types, namely online and financialization. Provide customers with convenient services such as online direct procurement and online loans.
Firstly, onlineization
Online means relying on the strategic ecology of Wangsheng Business Treasure and using big data to establish a private transaction platform of Yaxing Chemical, so as to realize the internet-based traditional sales. For downstream customers, onlineization refers to online procurement.
The operational process of online procurement
Step 1: Obtain the trading account
Please provide digital photos of your company's three certificates (copy of business license, organization code certificate, tax registration certificate), as well as information on the purchasing contact person and financial contact person (name, phones number, fax number, mobiles phones number, email address). After system initialization, Yaxing Chemical E-commerce Department will issue a transaction account and password.
Step 2: Account recharge and withdrawal
The system realizes instant deposit and withdrawal.
Step 3: Purchase Order
Log in to the trading platform through your account to place orders and make purchases online.
Online transactions support all settlement methods, including cash (cash, bank notes) and credit. The entire transaction process of cash transactions, including seller listing, buyer placing an order, negotiation between both parties, contract signing, and settlement, is completed online, making transactions more convenient, secure, and efficient. Accounts receivable transactions are the digitization of traditional credit sales, with transactions conducted through online platforms and funds transferred offline.
Secondly, financialization
Financialization refers to the process of providing online loans to downstream customers of Yaxing Chemical, relying on the Wangsheng trading ecosystem and collaborating with three major institutions (banks, credit enhancement, and risk control). Downstream customers use this loan to purchase Yaxing Chemical products online. For downstream customers, financialization refers to online pure credit loans.
Customers can enter the "financialization" stage by accumulating transaction records through online procurement. In the future, a pure credit loan channel can be obtained without the need for collateral or guarantees. Compared with enterprise operating loans, this financing loan has distinct characteristics of on-demand withdrawal, daily interest calculation, and on-demand borrowing and repayment. The annualized interest rate is less than 7.X%, and the actual usage cost is 7.X%/2. On the one hand, it can timely solve the temporary financial shortage of downstream customers. When the downstream clicks the mouse, the funds will be received immediately and used to pay for the goods, which can be borrowed and repaid at the same time; Secondly, it can effectively reduce the financial costs of downstream customers and optimize the financial structure; Three future downstream customers can also apply the same solution to their own sales end.
Trading platform login website: chinayaxing.dazpin.com
Customer Service Support
The Yaxing trading platform has been officially launched and put into operation.
1. If there is any ambiguity, the business manager can come to your company to explain the operation method
2. Online customer service hotline: 0536-7532132
Email: tybzz27@sina.com
mobiles phones: 1335678191118764710128