Wynca to Establish Microfinance Service
8 July 2015 Chinese manufacturer Wynca announced it will establish Wynca Microfinance Service Co., Ltd. The registered capital for Wynca Microfinance Service is 30 million yuan, 12 million of which is from Wynca, encompassing online capital consulting, loaning, commodity transaction and other intermediary services.
“Wynca aims to provide financing services to clients at any time and any place through the internet and consumptive loans, and by taking advantage of offline physical stores and small-loan companies to realize ‘three wins’ for clients, sellers and small-loan companies,” Wynca said. “With the healthy and continuous development of the platform, an industrial chain of ‘information-platform-account’ has been realized.”
Through this platform, the financing and investing functions both at home and abroad of its wholly owned subsidiaries Wynca HK and Shanghai Xinjiu Financing and Leasing are integrated as an organic whole. “This way, the company’s financial service advantages have been formed,” Wynca said.
Currently, Wynca said it meets the challenges of e-commerce through the following: first, establish a cooperative relationship with big portal sites such as Alibaba, Nongyiwang, etc.; secondly, build “Wynca Store” on its own to promote its products and explore sales channels on the internet; thirdly, innovate its business mode. Through increasing its cooperation with agricultural material companies in Jiangsu, Sichuan, Fujian etc., Wynca integrates quality resources and creates the service and cooperation platform by buying shares or holding majority shares in agricultural materials businesses.
Get The Newsletter Today!
