Zejin

Zejin (泽金金服) is a Chinese fintech company founded in 2015 that focuses on industrial-supply-chain finance, positioning itself as a "pure fintech company" that provides technology and services without engaging in financial operations itself . The company raised tens of millions of RMB in a Series A round in early 2019 led by China Merchants Group's venture arm, with FreeS Fund (峰瑞资本) also participating .

The company was founded by Min Wei (闵炜), who came from a commercial banking background, and built a team with deep experience in that sector . Zejin's core innovation is a product called "Rongdan" (融单), a blockchain-based accounts-receivable instrument designed to facilitate financing across supply-chain tiers . Its service model evolved from serving core enterprises to covering chain-affiliated companies, and from the home-appliance sector to a broader range of industries including automotive, chemicals, construction, and retail . By end-2018, the company had reportedly facilitated over RMB 19.7 billion in financing to more than 3,000 small and micro enterprises without any bad debt .

The company's positioning reflects a regulatory environment in China that has sought to channel financial flows toward the real economy and tighten oversight of leveraged financial activity—a context CEO Min Wei explicitly cited as shaping Zejin's trajectory .