Shenzhen Yibai Network Technology Co., Ltd. was established in 2011. It is headquartered in Shenzhen and has branches in Dongguan, Wuhan and Chengdu. It is one of the fastest-growing companies in the cross-border e-commerce industry in South China. The company operates and develops diversified Internet trade and has been committed to providing global consumers and merchants with an Internet-based global commodity trade integrated supply chain service. It has now established a broad sales network in overseas markets and automatically connects to the intelligent ERP system management of various e-commerce platforms. The company implements a global supply chain management model to share high-quality Chinese-made products around the world and is determined to become a leading company in the cross-border e-commerce field. Headquartered in Shenzhen Founder Hu Fanjin Website http://www.yibainetwork.com Founded in 2011Yibai Network Business ChannelsSelf-operated e-commerce platforms, eBay, Amazon, AliExpress, wish, lazada, shopee, Cdiscount, joom, Alibaba International Station, Walmart and other third-party e-commerce platforms. Yibai Network Product Type3C digital products, outdoor sports, maternal and child products, health and beauty, industrial auto parts, home furnishings, clothing, aircraft models, etc. Advantages of Yibai Network Company1. Big data integration resources Using Internet thinking, modular management, IT technology, and overseas warehouses, we have creatively solved the complex relationships among multiple categories, multiple suppliers, multiple platforms, multiple warehouses, multiple logistics, multiple countries, and multiple languages. We have integrated resources through big data technology to provide the best personalized cross-border transaction solutions. 2. Covering tens of millions of categories The product categories covered include dozens of product lines such as industry, auto parts, home furnishings, sports and outdoor, 3C digital, mother and baby pets, health and beauty, model aircraft toys, etc. 3. Global business scope The business covers more than 100 countries and regions including the United States, Germany, France, Italy, Spain, Portugal, the United Kingdom, Russia, Japan, Canada, and Southeast Asia. Yibai Network Corporate CultureCorporate Vision: To bring together high-quality products and build a world-renowned Internet company. Corporate mission: Let Chinese manufacturing improve the quality of life of global consumers. Values: Integrity, pragmatism, efficiency, innovation, gratitude and growth. Business philosophy: Integrity, responsibility, openness, shared passion, and efficiency. Management philosophy: customer-centric, striver-oriented, efficient and continuous innovation-oriented, talent strategy as the cornerstone. Life equation: The result of life and work = way of thinking × passion × ability Yibai Network Development HistoryIn 2011, Yibai Network was founded and has developed steadily. In 2012, the company transformed and upgraded, with product positioning as: high-quality made in China. In 2013, we made forward-looking arrangements and successfully established overseas warehouses. In 2015, sales exceeded RMB 100 million and the team grew to 200 people. In 2016, the performance increased threefold, exceeding the annual target. In 2017, the company's performance increased fourfold, with sales of nearly 1 billion and a team size of 1,000 people. In 2018, sales reached nearly 2 billion and the team grew to nearly 2,000 people. On March 28, 2019, Yibai Network received Series A financing from Morningside Venture Capital. The transaction amount was not disclosed. In June 2019, Huakai Creative (300592) announced on the evening of June 2 that the company planned to issue shares and pay cash to purchase 90% of the equity of Shenzhen Yibai Network Technology Co., Ltd. and raise supporting funds. The methods of raising supporting funds include but are not limited to private placement of shares or issuance of convertible bonds. This transaction is expected to constitute a major asset reorganization. |
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