Customer Cases

    Since its launch in January 2020, the Guangdong SME Financing Platform (hereinafter referred to as the SME Financing Platform), which is technically supported by OneConnect, has applied blockchain technology that cannot be tampered with and need to be cross-verified in an encrypted state to solve the problem of information asymmetry between SMEs and commercial banks. The platform provides enterprises with multi-dimensional commercial credit portraits, tailored financing schemes such as supply chain financing, trade financing, and intellectual property financing. The platform also helps the financial institutions to strengthen risk management capability and improve financial service efficiency.

    Through the support of emerging technologies such as AI, blockchain, cloud computing, and big data, the SME Financing Platform is featured in complete products, accurate matching, fast financing, flexible service, strong security, and strict supervision. The platform integrates direct financing, indirect financing, supply chain financing and other models to create a one-stop online smart financing ecosystem.

    As the first platform in China to analyze and evaluate the business credit of the enterprises in the whole region, the SME Financing Platform leverages Guangdong's advantages as a major manufacturing province, a major foreign trade province and a major province of scientific and technological innovation. Through six functional modules, including smart financing, smart supply chain and smart direct financing, the platform develops supply chain finance to support advanced SMEs in manufacturing industry, encourages trade financing to support SMEs of export and foreign trade, and promotes intellectual property financing to support SMEs of scientific and technological innovation.

    As of December 31, 2021, the Guangdong SME Financing Platform has successfully accessed 250 government affairs data from 34 government units, and more than 480 financial institutions have released nearly 1,400 financial products on the platform, serving more than 1 million SMEs in total, promoting SMEs to achieve a financing amount of 77.9 billion yuan."

    At the same time, the Chaozhou version of the SME Financial Platform led by the Chaozhou Municipal Finance Bureau and operated by OneConnect also ushered in the first anniversary of its launch. Data show that the one-stop financing platform has already had 13 financial institutions and released 74 financial products. A total of 474 enterprises obtained credit 2.226 billion yuan through the platform, and 441 enterprises secured the financing of 2.172 billion yuan, ranking first in the province in the above four indicators.