What is Baohong Shares? What services does Baohong Shares provide?

Shenzhen Baohong E-commerce Integrated Service Co., Ltd. (referred to as "Baohong Shares", company website: www.globex-incorp.com), is a leading cross-border e-commerce service company in China, a member company of China Merchants Group (www.cmhk.com), and is located in Shenzhen Free Trade Zone. The company makes full use of information technology and means to provide the following services for import and export companies: online customs clearance, online settlement and foreign exchange settlement, online inventory management and real-time delivery of goods. The company connects the relevant electronic data throughout the import and export process, providing a one-stop online transaction solution for import and export trade, which greatly enhances the facilitation of international trade.

What services does Baohong Co., Ltd. provide?

Foreign trade export online comprehensive platform:

Sinob2b (sinob2b.com) is a new comprehensive service platform for foreign trade exports created by Baohong Company in 2015. The platform makes full use of Internet technology to achieve data interconnection with customs, banks and other relevant departments, providing comprehensive one-stop online services for export companies:

1. Online customs clearance service 2. Online inventory management 3. Real-time cargo delivery in bonded areas 4. Online settlement/exchange settlement

Online settlement/exchange settlement services for foreign trade exports:

eTradePay (www.etradepay.com) is a comprehensive settlement tool designed and developed by Baohong Co., Ltd. to provide services for international import and export transactions. Unlike other current B2B settlement platforms and tools, eTradePay achieves data interconnection with banks, customs, warehouses (warehouse management systems), and e-commerce platforms, and reintegrates the capital information, customs declaration information, logistics information, and order information involved in the transaction, thereby forming innovative transaction and settlement rules.

eTradePay realizes online settlement and payment of import and export business, which greatly improves transaction efficiency, reduces transaction costs, and provides a very convenient and secure trading environment for buyers and sellers.

eTradePay platform advantages:

1. Efficient and convenient 2. Global coverage 3. Multi-party supervision

Online customs clearance and logistics services for foreign trade exports:

The cross-border e-commerce customs clearance service platform (ex-go.com) independently developed by Baohong Company completes the online customs clearance operation of the entire export of goods through electronic data interaction between export enterprises, bonded port areas and customs. Under the careful guidance and strong support of Shenzhen Customs, the system began trial operation on December 3, 2013 and officially operated on April 3, 2014.

The services provided by the platform include:

1. Customs enterprise and commodity registration (online)

2. Inventory management (online)

3. Bonded area entry and exit operations (online and offline)

4. Self-service enquiry of customs code classification (online)

Software Services:

Baohong's information technology team is dedicated to and specializes in the development and operation of application platforms for all aspects of cross-border e-commerce imports and exports. It has independent intellectual property rights and has launched order management, warehouse management, distribution platforms, and logistics customs declaration systems. It serves thousands of e-commerce customers, carries billions of data, and provides corresponding software development, consulting and other services to industry peers and government departments.

The above is an analysis of what Baohong Shares is and what services Baohong Shares provides. If you want to know more about Baohong Shares, please continue to follow us!