On September 13, 2018, Jiucaitong,an innovative financial technology platform of China, once again landed at New York Times Square, and made the official debut through the “world’s first screen” Nasdaq screen and Reuters screen. Jiucaitong became a global focus, and showed the world the unique charm of China’s financial technology, highlighting the dream of excellence and technological innovation of Chinese brands.
New York Times Square, the most prosperous neighborhood in New York City, is well known as “the crossroads of the world”. Every year, tens of millions of business elites gather here. It is a well-deserved business core and well-known wealth landmark in the world. Here, the Nasdaq semi-cylindrical giant screen and the Reuters giant screen are the most eye-catching landmarks in Times Square, and have always been the show field of the world’s top outstanding companies. Before that, domestic and foreign technology industry giants such as Facebook, Alibaba, Baidu and Huawei have appeared here. As the first station to show brand influence, the Nasdaq semi-cylindrical giant screen and the Reuters giant screen have also attracted the attention of global media giants, including BBC, Reuters and Xinhua News Agency, and become the best stage to attract the attention from the world. Through the presentation by LED display at New York Times Square, Jiucaitong took the opportunity of the North American market expansion to open the international strategic layout, and meanwhile officially showed itself to investors and investment institutions of the international capital market.
Launch the North American market – the first station of Jiucaitong’s international strategic layout
From 2013 to 2016, the scale of China’s online lending grew rapidly from US$4 billion to US$156 billion. The forerunners of China’s financial technology industry have begun to open up overseas markets with their mature technology, business model and development concept, and internationalization has been included in the development strategy of more and more Chinese financial technology companies. As one of them, Jiucaitong has fully launched its internationalization strategy, quickly launched overseas strategic cooperation and actively deployed overseas markets. This screen display at the “the crossroads of the world” is the first stop for Jiucaitong to launch the North American market, kick off the global prelude, and establish an international financial technology brand.
In August of this year, Queen Financial Group Inc and Jiucaitong reached agreement on strategic shareholding. Queen Financial Group Inc will increase its capital into Jiucaitong and introduce the strategic resources of the North American financial market for Jiucaitong. With its deep background in the specialty and industry, as well as years of deep penetration and channel radiation in the financial markets in North America, Queen Financial Group Inc will not only provide Jiucaitong with strategic planning advice for internationalization development strategy but also help and support Jiucaitong to achieve continuous ascension and breakthrough in international market development, business model and so on. In the future, the two sides will rely on the geographical advantages of Toronto as the financial “heart” of Canada and the third-largest financial center in North America to accelerate international scale expansion and channel integration and jointly build an international integrated financial service platform. With the driving forces of finance and technology, and the North American market as the starting point, the two sides will realize the vision and mission of China’s financial technology brand to serve the global investment and financing customers.
Facing investment institutions – Jiucaitong officially appeared in the American capital market
Since its establishment, Jiucaitong has always put legal compliance in the first place, and adhered to the operation strategy with asset quality and risk control as the core. Entering the American capital market is one of the development goals of Jiucaitong in recent years, and has been actively prepared and deployed. Jiucaitong indicated that in addition to complying with Chinese law, overseas listed platforms must also comply with the listed company system. Therefore, overseas listing is of great significance to Jiucaitong. It will not only promote the platform’s operation and management, corporate assets, financial data and other information disclosure to be more open, transparent and standardized, but also further promote the platform’s standardized governance and more stable development.
Through the presentation by LED display at New York Times Square, Jiucaitong hopes to not only pass on China’s vision and concept of “Smart Finance Creating a Better life” to the world, but also officially appear in the international capital market. In the future, Jiucaitong will take this vision as its mission and goal and provide global users with simple, efficient, high-quality and convenient scientific and technological finance and information services through the innovation of financial technology means.
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