Founder Introduction

Song Jinyan, born in 1982, is a Chinese national and has no permanent residence abroad.

In August 2008, the company independently established the 7 Degrees Hotel Chain and the 7 Degrees Theme Hotel brand, and opened branches in Zhangjiajie, Taoyuan and Hanshou.

In July 2012, he co-founded Youqi.com;

In May 2013, he co-founded Shenzhen Cross-border Wing E-commerce Co., Ltd. and served as the company's deputy general manager.

Basic Introduction

Founded in 2013 and headquartered in Shenzhen, Cross-border Wing received Series A financing from Cross-border Communication (stock code 002640). Cross-border Wing is China's first cross-border one-stop supply chain service provider that integrates bonded cloud warehouses, customs clearance services, e-commerce centralized procurement, and supply chain financial supply and marketing platforms. We are committed to building a complete overseas commodity comprehensive platform for China's cross-border e-commerce. The leading one-stop supply chain service will open up a new Internet channel for high-quality overseas commodities to enter the Chinese market. We have established overseas procurement centers and warehouses in global economic centers such as the Netherlands, New Zealand, Germany, the United Kingdom, the United States, Australia, Japan, South Korea, and Hong Kong, bringing together high-quality products from around the world. All our products are insured by PICC as original imported authentic products.

Service Scope

A service provider that provides e-commerce centralized procurement, bonded import, bonded warehousing, filing and declaration, customs clearance services, domestic logistics and delivery, distribution platform, supply chain finance, etc.

Service Target

1. Independent e-commerce platform companies in China and abroad.

2. Comprehensive e-commerce platforms or merchants in China or abroad.

3. Suitable for e-commerce and purchasing platforms with relatively scattered categories

Advantages

The core advantage of Cross-border Wing is that it seamlessly connects all service links of the cross-border supply chain based on a system service platform with independent intellectual property rights, realizes an efficient and low-cost service model, gets rid of the inefficient model of relying on manual sorting and information transmission in the old business model, removes the links of price increase in traditional cross-border trade, optimizes the service efficiency of each link in the cross-border e-commerce supply chain, reduces the operating costs of cross-border e-commerce, and helps domestic large, medium and small cross-border e-commerce platforms to improve consumers' cross-border shopping experience. Supply chain financial services based on big data solve capital chain problems for upstream and downstream customers and accelerate operational efficiency.

In terms of technology, Cross-border Wing aims to build a SaaS service platform for the entire cross-border e-commerce industry chain through self-developed warehousing systems, customs clearance systems (express, direct purchase, bonded, etc.), supply and marketing platforms (distributors, suppliers, management centers), freight forwarding systems, multi-store mall management platforms, etc. The company currently owns 5 software copyrights.

Revenue

In 2014, the operating income was 49.0392 million yuan, the total profit was -786,900 yuan, and the net profit was -594,400 yuan.

In 2015, the operating income was RMB 427 million, the total profit was RMB -9.251 million, and the net profit was RMB -9.7231 million. The main business income increased by 772.45% compared with 2014.

In 2016, the operating income was 633 million yuan, an increase of 47.96% over the same period last year.

In 2017, the total operating revenue was RMB 676.2704 million, the net profit attributable to the parent company's shareholders was RMB -9.8585 million, and the basic earnings per share was RMB -0.3.

Financing

In July 2015, the company was valued at RMB 194 million after investment, and received a RMB 58.4 million Series A investment from Cross-Border Tongbao and Anci Internet Fund.

In August 2016, it completed its B round of financing of RMB 70.8 million, with China National Energy Group Co., Ltd. as the investor.

Development History

On December 24, 2013, Shenzhen Cross-border Wing E-Commerce Co., Ltd. was established.

In 2014, we initiated strategic cooperation with Guangdong EMS.

In August 2015, we initiated strategic cooperation with YTO Express on cross-border e-commerce supply chain and international trade.

On April 14, 2016, the company name was changed to Shenzhen Cross-border Wing E-Commerce Co., Ltd.

On April 26, 2016, it applied to be listed on the New Third Board.