We live in times of constantly changing business environments, and the maritime logistics industry is no exception. Trade between regions breed huge shipping market, and nearly one hundred container wharfs, hundreds of shipping companies, more than 30,000 freight forwarding agents, and 100.000 fleets, represent an annual revenue of several thousand trillion. How to stay efficient, control cost and maintain a healthy business, without sacrificing quality, remain a constant challenge.
As the result of our ongoing dialogue with our customers, we are proud to introduce Yihang Factoring™, a new subsidiary offering financial services, such as accounts receivable factoring, delivering personal financial solutions for any logistics business. This product screens customers accumulated on the collaboration platform, to establish a dynamic factoring pool. The advanced risk control is based on accumulated data, and our platform verifies the authenticity of every transaction.
Shipping companies, freight forwarding agents, fleet and other types of logistics enterprises, all benefit from our solution.