1. Yixin is a loan product of China Construction Bank, which mainly provides a new financing method for enterprises. E-link's business is mainly to cooperate with some core enterprises and CCB Financial to provide factoring services for some suppliers of core enterprises, that is, network-oriented factoring business. Suppliers can hold, transfer, split and discount the payment commitment letter issued by the core enterprise. Through cooperation with core enterprises and CCB Financial, Yitong provides batch factoring services for multi-level suppliers upstream of core enterprises, and suppliers can hold, transfer, split and discount the payment commitment letter issued by core enterprises.
2. The launch of "e-mail" products further enriched our "e" series of products and expanded the field of financial services. "ePoint" products are mainly network-oriented factoring business, which is a domestic factoring financing business based on the payment commitment of core enterprises to suppliers with credit relations with core enterprises.
3. For core enterprises: First, it is beneficial for core enterprises to extend the account period, reduce financial expenses, ease payment pressure and optimize financial structure; Second, it can strengthen the centralized management, payment and settlement of the procurement business of all members of the group and control the production and operation costs; Third, the bargaining power of suppliers can be improved under the condition of helping suppliers to raise funds. For suppliers: first, it can increase the trust of core enterprises and obtain relatively low threshold and low cost financing channels; Second, the online operation of the whole process can be realized through CCB online banking, which is safe and convenient; Third, it is recyclable, loanable and repayable, simple, convenient and safe, and the financing cost can be flexibly controlled according to the actual situation.