The Internet innovation model effectively solves the market pain points of the plastic industry

Through the initial business contact, the business department of Poly Plastic Cloud learned the basic situation of Mutian Plastic factory, considered that it met the corresponding credit conditions required by Poly plastic Cloud risk control credit information system, and submitted the corresponding application information to Poly plastic Cloud risk control center.

After receiving the application information of Mutian Plastic Factory, after reviewing the preliminary data and information, the risk control Center went to the Mutian plastic factory to conduct a field visit, and communicated face-to-face with the factory manager and front-line workers to understand its real asset status, upstream and downstream business information and actual capital needs. After this work, the risk control personnel formed a risk control report and submitted it to the Risk Control Committee of Jusu Cloud for joint review. After the joint review of the risk control committee, Mutian Plastic factory obtained the 300,000 financial line credit of Poly Plastic Cloud, which is valid for one year, and the annual interest rate is less than 11%. This quota can meet the needs of its normal operation and development, and at the same time match its current corporate strength, so that it does not need to use social capital with high interest.

The credit line is directly granted to the Mutian Plastic factory's account on the Poly plastic Cloud platform, and the Mutian Plastic Factory can use the credit to purchase raw materials on the Poly plastic Cloud platform. When the factory purchases raw materials online, it can use the quota to pay directly, and after the payment is completed, the logistics partner of the platform will directly deliver the goods to the factory warehouse. The factory carries out processing, production and sales activities, and after completing sales and recovering the payment for goods, the amount used can be repaid. This directly solves the pressure on its cash flow and ensures that the factory can continue to grow.

3. Results have been achieved

After using the credit line of Poly Plastic Cloud, Mutian Plastic factory has basically stopped using private capital financing (the only private capital financing at present is a financing in the second half of last year), and 300,000 credits are enough to meet the cash flow needs of Mutian Plastic Factory to ensure that its business development is safe. Aside from being able to obtain enough financing lines, simply from the financing cost, you can save nearly half of the cost in a year, about 30,000 yuan. This is a very significant thing for individual industrial and commercial enterprises engaged in physical production in rural areas.

4. Performance analysis

1. Specific industrial value:

In 2020, the cumulative number of supply chain financial service factories will reach 600, and the centralized procurement capacity from raw material manufacturers will be initially realized.

In 2021, on the basis of already radiating across the country, Jusu Cloud will cover a wider range of factory groups and achieve in-depth service of 6,000 factories. Achieve a wider range of financial, goods and logistics services, with its own platform index. In the whole year, the total amount of poly plastic financial services was more than 2.6 billion.

2. Experience and promotion value:

The success of the supply chain finance business model of Jusu Cloud is first built on the work of the Jusu team in the plastics industry. Compared with other industries, the overall supply chain of the upstream and downstream of the plasticization industry has its own uniqueness, so it can not copy the supply chain financial operation mode of other industries, but should be tailored to create a set of risk control, credit, credit and credit models.

The second is the need to provide one-stop services/platforms, from multiple perspectives, to comprehensively solve the problems faced by the industry in the process of transformation and upgrading. Financing is difficult, expensive financing is the most significant pain points faced by the majority of factory groups, but can not just provide a separate financial support for the factory, but should be based on financial support as the cutting point, as the core, supplemented by the provision of trading, payment, logistics and warehousing and other complementary services. Through one-stop service, the supply chain financial services can more effectively solve the practical problems of the factory, and truly help the factory community to achieve empowerment development.

5. Future planning

The supply chain finance business of Jusu Cloud has taken shape and is in the stage of rapid business development. In the following operation work, we will, as always, attach importance to and improve customer service experience, firmly do warehousing logistics and online platform construction and operation and maintenance, and build an industrial dictionary by building an industrial supply chain system integrating purchasing, transportation, marketing, production and research. Finally, the supply chain finance business and one-stop procurement platform will become a model of industrial Internet.