Internet of Things technology to help supervise the production of movable assets to open up the SME pipeline

"Suntech financial products Sharon? Weifang station" successfully completed

On November 11, 2016, "Suntech Financial Products Sharing Salon? Weifang Station" was successfully completed, with a total of 36.69% from Shandong Province Logistics and Purchasing Association, Weifang Finance Office, Weifang Bank, Weifang Agricultural Development Bank, Weifang Rural Commercial Bank and Shanghai Pudong Development Bank + 0.30%, Buy), Qi Shang Bank, Dongying Bank, Weifang business representatives a total of more than 30 participants.

Secretary-General Fan Zhiqiang of Shandong Association of Logistics and Purchasing conducted a systematic analysis on "Third-party Management Regulations on Secured Stocks" and described the realistic significance and bright future of raising risk control capability through standardized guaranteed stock management and opening up channels of supervision over movable property supervision.

Zhang Yao, president of Suntech Financial, analyzed the development and plight of movable property financing and proposed that the "five major difficulties" facing the current industry such as "difficult information management, difficult inventory flow, difficult assessment of collateral, difficult management of the reservoir area and difficult management of fluctuation" Duplicate pledges, lack of inventory, false warehouse receipts, repeated invoicing, assessment work is not in place, the goods are not clear, the regulatory process is not transparent, information is not shared in time, the library security is worrying, the lack of appropriate business registration and the necessary judicial guarantees, District management is not standardized, the regulatory team is not professional, the lack of early warning mechanism and improve the emergency plan, hardware facilities are not in place, "the" Ten Sin, "straightforward real estate plight existing financing difficulties, attracted experts and bank guests, business representatives resonance.

Mr. Zhang briefed the guests about the ideas and achievements of Suntech in the regulation of movable assets and showed Suntech's series of products such as smart monitoring platform, sensor monitoring equipment, WMS storage system and data processing equipment built by using advanced Internet of Things technology Networking professional equipment. Suntech advanced risk management tools, improve the risk management system won the unanimous recognition and praise.

President Zhang Yao also indicated that Suntech Financial is committed to the financial, investment and financing advisory, logistics and finance of the Internet of Things. Adhering to the business philosophy of "simple opening up, innovation, refinement and sustainability", Suntech insists on the direction of "making finance more intelligent" With a professional risk control and meticulous and thoughtful service, we can open up a vast future for third-party finance, serve all customers in Weifang and serve the economic development of Weifang.

The pledge of movable property pledge is an innovative business model combining logistics service with financial service. It can solve the problem of difficult loan and financing difficulty for small and medium-sized enterprises, and can not only enlarge the scale of bank lending, but also create new value-added services for relevant enterprises. Through this salon, participants learned more about the advantages and new developments of this risk management approach, enhanced their confidence in implementing such business and laid the foundation for better opening up financing channels for movable assets of SMEs in the future.

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