Chairman of Shanghai Ninecity Group, Li Wenyong comes and visits GYIE

Afternoon, Novermber 21st, Chairman of Shanghai Ninecity Financial Investment Holdings (Group) Co., Ltd., Li Wenyong came and visited Shanghai GYIE Cross-border E-commerce Co., Ltd. (hereinafter, "GYIE Cross-border"), GYIE Cross-border chairman Ding Mingde, CEO Ju Aiwei accompanied Li during the visit and meeting. 

During the meeting, Chairman Ding Mingde, on behalf of the board of directors of GYIE Holdings and all GYIE staff, extended a warm welcome to Li Wenyong, Chairman of Shanghai Ninecity Financial Investment Holdings (Group) Co., Ltd., and then made a detailed introduction of GYIE Cross-border's development status, operation mode, enterprise culture, etc.. After the listening, chairman Li Wenyong was surprised by GYIE Cross-border's achievement of 100 billion trade volume within only one year, and spoke highly of GYIE Cross-border's innovative business mode, excellent enterprise culture, and Li also expressed that, such a large trade volume of GYIE Cross-border provided great potential for the cooperation with Ninecity Group. And then, both parties made a deep discussion on each party's business related to finance and the following intended cooperation modes. 

Shanghai Ninecity Financial Investment Holdings (Group) Co., Ltd. has subordinate companies including Shanghai Ninecity Real Estate Co., Ltd., Shanghai Ninecity Asset Management Co., Ltd., Shanghai Zhishun Industrial Co., Ltd., and Shanghai Langzhe Building Decoration Co., Ltd., etc.. While developing its main business, Shanghai Ninecity Group also actively makes investments in other sectors, for example, investing the domestic economic chain hotel of Top Star Hotel Brand, and operated 26 hotels in 18 Chinese cities from 2006 to 2007, and then successfully transferred this business to Home Inn & Hotels Management, which becomes a classic M&A case that have been written into the EMBA textbook of China Europe International Business School. Shanghai Ninecity Financial Investment Holdings (Group) Co., Ltd. invested and formed the Shanghai Oriental Pawn as the first majority shareholder, and also makes investments on different kinds of funds, such as the investment on and cooperation with Pantheon Ventures, Sequoia Capital, E-House Real Estate Fund, and Chongqing Richland Equities, etc.. 

The attendees were chairman of Shanghai Ninecity Financial Investment Holdings (Group) Co., Ltd., Li Wenyong, GM Zhu Jin, GM of Shanghai Ninecity Supply Chain Co., Ltd., Zhu Chunhua, and special guest, the former vice-commissar of Shanghai Garrison, Zhang Weiping, and chairman of GYIE Cross-border Ding Mingde, CEO Ju Aiwei, GM of IT Center, Chen Xiaobiao, and other department heads.