AsiaInfo Reaches Strategic Cooperation with CASME Financial Committee

2020-04-02 AsiaInfo

On March 30, AsiaInfo and the Financial Services Working Committee of the China Association of Small and Medium Enterprises ("Financial Committee") signed a strategic cooperation agreement through the Internet in Beijing and Shenzhen respectively. AsiaInfo Executive Director and CEO Mr. Gao Nianshu, AsiaInfo Senior Vice President and CFO Mr. Huang Ying, Executive Deputy Director of the CASME Finance Committee Mr. Yu Mingrui and Mr. Ma Hongbo, Director of the Production and Development Center Mr. Sun Hailin and others attended the signing ceremony. Wang Liping, vice president of AsiaInfo and general manager of AsiaInfo Strategy and Market Center, and Zhang Hanying, director of the Internal Control Center of the Finance Committee signed the agreement on behalf of both parties.

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According to the Agreement, AsiaInfo will serve as an all-round operational service support partner of the Financial Committee. Relying on its strong product, service, operation and integration capabilities, AsiaInfo will build a financial service platform for all the Chinese small and medium enterprises for the association, create links between relevant central and local institutions and small and medium-sized enterprises, promote the implementation of such work as financial assistance, policy transmission and industrial connection, and effectively help more than 300,000 member units of the CASME and over 30 million small and medium-sized enterprises across China to relieve their operational difficulties such as financing difficulties, lack of resources, unclear policies and low level of risk prevention.

The platform will be based in Shenzhen and provide post-epidemic reconstruction services to small and medium-sized enterprises in China, learn about the damage caused by the epidemic on enterprises, as well as build a post-epidemic service support system. It will provide financial, fiscal and taxation, human resources, training and other service resources needed for enterprise management, and guide enterprises to scientifically manage and standardize their operations; The platform will gather all kinds of business index data of small and medium-sized enterprises in a compliant manner, use advanced technologies such as block chain, big data and AI to build a data model, and establish an AOC credit evaluation system for small and medium-sized enterprises, helping them increase their financing and credit.


Mr. Ma Hongbo said that he would take the strategic cooperation as an opportunity to carry out in-depth cooperation with AsiaInfo, provide accurate policies and scientific assistance for the development of small and medium-sized enterprises by technical means, overcome difficulties together with small and medium-sized enterprises, provide guarantee for China's economic development and win the battle against poverty.

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Mr. Huang Ying of AsiaInfo believed that the signing of the agreement meant that the cooperation between the two sides had entered a new stage. AsiaInfo and the Financial Committee would support the healthy development of small and medium-sized enterprises through financial services and industrial means. Under the background of the sudden COVID-19 outbreak and the changes in the international situation, its role became even more important. After the signing ceremony, the in-depth resource integration between the two sides would definitely help China's small and medium-sized enterprises to move towards a healthier and more orderly development path.

At the signing ceremony, Sun Xiangyun, vice president of technology operations, gave a report on the progress of the project. Mr. Yu Mingrui from the Financial Committee said that the establishment of the financial service platform was aimed at solving the urgent problems in serving small and medium-sized enterprises at present: the first thing is promote the accurate realization of favorable policies of governments at all levels and relevant units and to optimize work guidance; Secondly, with the help of the unified platform entrance, the online service needs of small and medium-sized enterprises such as remote business handling, supply chain management and financing can be solved. At the same time, the platform should serve as a link between financial service institutions and small and medium-sized enterprises and solve their problems such as financing difficulties and high financing cost.


AsiaInfo CEO Mr. Gao Nianshu said that helping small and medium-sized enterprises to resume work and production in an orderly and effective manner was one of the most urgent tasks at present. In this special period, the social significance of the cooperation between the two sides was greater than its commercial value. AsiaInfo is willing to work with Financial Committee and partners from all walks of life to assume social responsibilities and contribute to China's economic development.

The China Association of Small and Medium Enterprises (CASME) is a national and comprehensive national 5A-level trade association composed of small and medium-sized enterprises and business operators. It accepts the business guidance of the National Development and Reform Commission and the management and supervision of the Ministry of Civil Affairs.