"Zhijin Technology (Baibu) Partners with China Construction Bank to Build Digital Financing Solutions for Industrial Equipment | Yunqi Capital Industry+"

"Yunqi Capital Industry+" shares updates from Yunqi Capital's portfolio companies, exploring how industries upgrade through technology enablement, with a focus on the development trends of industrial digitalization. This issue brings you the latest news on "Zhijing Technology (Baibu)".

➤➤➤ Recently, Yunqi Capital early-stage portfolio company Zhijing Technology (Baibu) partnered with China Construction Bank and Mingxin Technology to jointly launch a new digital financing solution for production equipment in the textile industry, completing the first financing disbursement for a textile production line. This advances the development of supply chain finance ecosystems and services in the textile sector.

As a real economy sector, the textile and garment industry has long faced severe constraints: traditional equipment financing covers very limited types of machinery, and high capital costs have been a major impediment to healthy industry growth. The successful rollout of this new digital financing solution for production equipment — and its first financing disbursement — represents the conversion of resources and strengths in industrial collaboration and integration, technological innovation, and R&D among the three parties. It marks a critical step toward solving the financing difficulties and high costs faced by small and medium-sized enterprises upstream and downstream, and toward building a complete textile and garment industry chain.

In this collaboration, the three parties grounded themselves in the textile and garment real economy, unblocking bottlenecks, breakpoints, and pain points in the capital chain, and coordinating on innovative supply chain finance service systems and solutions. Zhijing Technology, as an industrial internet company in the textile and garment sector, leverages its industrial internet platform, together with China Construction Bank's financial innovation services and Mingxin Technology's capabilities in digital service platforms for industrial business assessment, to meet the practical financial service needs of small and medium-sized enterprises. Through this new digital equipment financing solution, the three parties can help enterprises secure financing for multiple types of equipment across entire production lines, reducing financing costs by 70% compared to traditional equipment financing.

Going forward, Zhijing Technology will continue to collaborate with financial institutions and industry partners, diligently advancing the integrated and innovative development of the real economy and digital economy, and contributing to the high-quality development of the textile and garment industry.

Yunqi Capital remains focused on "technological innovation, industry enablement," with industrial digitalization as one of its sustained areas of focus. Beyond Zhijing Technology (Baibu), Yunqi Capital has made early-stage investments in outstanding companies including Bailing AI, JD.com, Dongjing E-Commerce, Lingmao SCM, and Langjing Technology.