Our supply chain finance business is operated by Sinochem Capital’s FOTIC, Sinochem Finance, Sinochem Factoring and Sinochem Capital Digits.
We focus on the supply chain scenarios of the internal and external strategic customer groups of agriculture, energy, chemicals and real estate, base on real transactions between core enterprises and upstream and downstream enterprises, integrate logistics, information flow, capital flow and various kinds of information, take core enterprise credit and data risk control as main risk control tools, thus to enhance customer credit. We build our own corporate credit system, forge cooperation with financial institutions such as head banks, enrich business content, promote product competitiveness, create a supply chain financial service ecosystem, and provide comprehensive financial solutions for small, medium and micro enterprises along the upstream and downstream of the supply chain.
FOTIC continually explores the driving for transformation and upgrading of financial services for small and micro enterprises to support their sustainable development. Upholding the attitude of “robustness + innovation”, FOTIC continuously improves the ability to align assets with funds, enhances comprehensive service capabilities, and builds and expand the business ecosystem.
Sinochem Finance is among the first group of financial companies to obtain regulatory approval to carry out "One Party Outside" business, and develop supply chain financial services based on its qualifications. Under "One Party Outside" principle, one party of the transaction should be the member company of Sinochem Holdings while the other can be the direct counterparty outside. Sinochem Finance provide financing services for both sides.
Sinochem Factoring is mainly engaged in providing trade financing, the collection, settlement and management of accounts receivable, and provides a variety of services for energy, chemicals, agriculture, real estate, infrastructure and other industries. We build an online supply chain financial ecosystem, use artificial intelligence, big data, cloud computing, blockchain and other technologies to achieve real-time interconnection between capital and assets, and at the same time accumulate industry big data.
Sinochem Capital Digits is a highly competitive service provider for financial technology and industrial digital construction. With big data and artificial intelligence as our core capabilities, we provide customers with integrated industrial financial solutions and related digital construction, R&D of data risk control products, business consulting and other services. We are committed to serving the financial and digital transformation needs of industrial customers with data as the core driving force.
Financial service of data order loan is a typical innovative supply chain finance. Integrating technology with the industrial Internet, it is based on big data modeling analysis and risk assessment of industry transactions. By working with financial institutions, we provide financing services for core enterprises' downstream small and micro customers, and establish special fund to pay for core enterprise purchase orders without collateral guarantees. We build up full-process online service capabilities before, during and after the loan, provide customers with better products, services and experiences, and realize a virtuous circle among technology, innovation and development.