On June 12th, Zhang Junfeng, Marketing Director of East China Region from Tianyi Group, and financial consultant Chen Cheng visited the association, receiving a warm welcome from Lyndon Lau, the Director of the Membership Department. The discussion revolved around supporting foreign trade export enterprises in expanding their market share internationally and resolving challenges associated with quick fund recovery from credit sales.
Tianyi Group, a globally renowned financial technology investment group, has positioned itself as a leader in the industry. During the meeting, Tianyi showcased its strategic support for foreign trade companies, emphasizing their innovative factoring financial services to aid in swift fund collection. Their international factoring service facilitates prompt disbursement to exporters upon invoice receipt after shipment, eliminating the wait for payment terms and addressing cash flow challenges. Furthermore, Tianyi Group offers non-recourse risk management services, pledging to handle debt collection and recovery if overseas importers default or declare bankruptcy, thus safeguarding the interests of exporting companies. Tianyi Group's pioneering "International Dual Factoring" model, which includes import, export, and offshore dual factoring, provides new solutions to enhance financial service capabilities in international trade. Amid increasing international trade risks, the innovative and secure nature of this service model has garnered significant attention, strongly supporting Chinese enterprises in exploring vast international markets.
The dialogue between both parties has opened new possibilities for member units striving to broaden their international market presence. Looking ahead, through collaboration, Tianyi Group is committed to constructing an efficient and secure international trade financial service network for foreign trade businesses. Their international factoring services aim to mitigate trade risks, ensure swift payment recovery, strengthen the overall competitiveness of export companies, broaden their order scope, and increase order volume. Additionally, they hope to engage in deeper collaborations with members of the Shanghai Steel Pipe Association.
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