Qunxing Finance

In June 2013, Dingcheng (Shanghai) Financial Information Service Co., Ltd. was established in Pudong, Shanghai. Under its umbrella, Qunxing Finance is one of the earliest Internet trading platforms in China dedicated to the long tail of supply chain finance.

Driven by technology, Qunxing Finance leverages Internet technology and big data risk control to provide liquidity to accounts receivable accumulated by small and medium-sized enterprises. While reducing financing costs for SMEs, it creates value for core enterprises, financial institutions, and other participants in transactions. As an Internet trading platform, Qunxing Finance has the functions of connecting external resources such as customers, channels, assets, and funds, and possesses the capability for self-expansion and self-replication.
Currently, it has established an Internet trading platform model with Qunxing Finance at the core, jointly participated by banks and other licensed financial institutions. This model helps achieve optimal resource allocation, reduce information asymmetry, and create an "efficient market" for accounts receivable trading.