The vice president of China Petroleum and Chemical Industry Federation, Fu Xiangsheng, comes and visits GYIE

On the afternoon of November 3rd, the vice president of China Petroleum and Chemical Industry Federation (CPCIF), Fu Xiangsheng, came and visited Shanghai GYIE Cross-border E-commerce Co., Ltd. (hereinafter, “GYIE Cross-border”), during which vice president Fu Xiangsheng visited the workplace of GYIE Cross-border accompanied by chairman of GYIE Cross-border, Ding Mingde, and CEO Ju Aiwei, and a following symposium was held. 

At the symposium, Chairman Ding Mingde firstly expressed the appreciation for vice president Fu Xiangsheng’s visit to GYIE Cross-border, as GYIE Cross-border’s outstanding achievements within no more than one year were impossible without the support of CPCIF. 

At the symposium, CEO Ju Aiwei made a introduction of GYIE Cross-border’s basic status, main businesses and the three-year development plan, and said that, “GYIE Cross-border devotes to provide services for the small and medium-sized chemical enterprises, and its trading volume breaks through 100 billion yuan in one year since the founding, and the practice has proved that ‘GYIE mode’ fits the country’s ‘Belt and Road Initiative’ and meets the supply-side structural reform requirements and market demands.” Vice president Ding Feng made a detailed introduction of GYIE Cross-border’s innovative business pattern in operation level, and said that, “GYIE Cross-border provides credit financing through online platform, and at the same time, helps the small and medium-sized enterprises to control trade risks and lower costs so as to promote their development.” 

After the visit and listening to the introduction of GYIE Cross-border, vice president Fu Xiangsheng said that GYIE Cross-border’s development was far ahead of other e-commerce enterprises in petrochemical industry, and the CPCIF would continue to support the development of GYIE Cross-border and had high expectation of its future development by stressing on the following six points: first, a pattern with development focus; second, rapid development speed; third, high team work enthusiasm; fourth, deep enterprise culture; fifth, focusing on servicing the small and medium-sized chemical enterprises; sixth, high-efficient control on enterprise risks. 

Vice director-general Pang Guanglian said that, it was really surprising to all of us that GYIE Cross-border gained such a great achievement in trading volume, and it was also remarkable to do such a food job in trading risk avoidance. He also stressed that GYIE Cross-border could actively collaborate with CPCIF, and CPCIF would provide resources and channels to support GYIE Cross-border at business level. 

The attendees at the symposium were the vice president of China Petroleum and Chemical Industry Federation, Fu Xiangsheng, vice director-general Pang Guanglian, vice director of international department Wang Yu, and chairman of GYIE Cross-border Ding Mingde, CEO Ju Aiwei, vice president Ding Feng.