CWRE starts bulk commodity e-commerce warehouse receipt delivery cooperation with GYIE Cross-border

In the morning of September 12, 2016, China Warehouse Receipt Enterprise (hereinafter referred to as “CWRE”) formally signed a strategic cooperation agreement with Shanghai GYIE Cross-Border E-Commerce Co., Ltd. (hereinafter referred to as “GYIE Cross-Border”) at the meeting room of GYIE Cross-Border. The leaders presented the meeting include: Yang Qinhe, General Manager of CWRE; Yang Yang, E-commerce Director of CWRE; Tan Xiaoping, Director of CWRE; Ju Aiwei, President of GYIE Cross-Border; Jiang Jihong, General Manager of Audit and Supervision Center of GYIE Cross-Border; Xu Chunhua, General Manager of Warehousing and Logistics Center of GYIE Cross-Border. It would be helpful for the two companies to improve their comprehensive competitiveness in the field of commodity cross-border e-commerce by conducting high-credit and national standard warehouse receipt business. Besides, the leading R&D cooperation, resource investment, operation and promotion in the field of commodity spot goods warehouse receipt conform to the long-term common interests of both sides.

With the strategy of diversified development, GYIE Cross-Border focuses on the fields of commodity, smart logistics and industrial finance. Inheriting the business principle of “Honesty First & Integrity-based” and resisting on the core value “benefit the nation and people, win-win for the industry and the company, serve the community, and own more experience”, GYIE devotes itself in developing trade distribution platform, thereby becoming an one-stop e-commercial platform throughout the industry chain of global commodity.

CWRE guides six backbone organizations to operate high-credit national standard warehouse receipt system, and provides basic comprehensive services of national standard warehouse receipt to the users and warehousing operators using spot goods warehouse receipt. The services include: warehouse receipt authentication, warehouse receipt credit investigation, warehouse receipt insurance, warehouse receipt value insurance, etc. In addition, CWRE also supports the qualified large-sized and medium-sized warehousing companies to provide transferable electronic standard warehouse services to large number of traders and financial institutions with high credit.

During the meeting, Ju Aiwei, President of GYIE Cross-Border said that, he paid significant attentions to the cooperation between GYIE and CWRE, and the current development of GYIE needed is the cooperation with other professional companies having the same objectives in this field like CWRE. The two companies need to jointly achieve the innovation on the business modes, and will manage further and deep cooperation in the future.

Yang Qinhe, General Manager of CWRE said, both CWRE and GYIE paid so much attention on company culture, so the two companies could manage cultural integration. Nowadays, it is a time of “Sharing Economy”, GYIE shares its warehousing logistics, financial resources and trader resources with other industrial partners on the e-commercial platform, and this kind of development concept is similar to CWRE. The two parties shall maintain a good job in division of labor. GYIE Cross-Border serves as the e-commercial platform for integrating the traders, service providers; and the insistence on such orientation would make great contribution to the whole industry. The six backbone organizations guided by CWRE have the advantages in warehouse receipt technology and comprehensive servicing ability, as well as warehouse receipt services of authentication, insurance and value-insurance package with high quality, which are backbone supporters for GYIE, supporting logistics organizations and customers.

CWRE pays significant attention to the deep cooperation with GYIE, and the cooperation with GYIE of this time will be based on massive customer demands and powerful financial technology, in order to explore and assist the commodity warehouse to develop a number of warehouse service-upgraded, credit-upgraded benchmarks, so as to create a new era for commodity circulation and financial service.