The approval of the “Monetary service operating license” in Hong Kong means that it has officially obtained the authorization to carry out cross-border transfer and exchange transactions in Hong Kong. This lays a solid foundation for the next step in the deployment of financial activities abroad. The successful approval of the “Hong Kong License for Operating Money Service” marked that Solar cross-border Payment has officially obtained the authorization to carry out cross-border transfer and exchange operations in Hong Kong, laying a solid foundation for the next step in the deployment of financial activities abroad. Solar cross-border Payment, the first and only payment institution in Jiangsu Province holding cross-border business qualifications in foreign currency payments, has expanded its activities to United States, Europe, Japan and other regions. It covers key sectors such as merchandise trade, international logistics, airline tickets, hotel accommodation, etc. In addition, it supports cross-border currency settlements in more than 10 foreign currencies and RMB, distributing funds in more than 220 countries and regions. It also has the fastest T + 0 inflow in the world.

Solar cross-border Payment has always supported Suning International. Suning International’s program, “a unique solution for foreign brands to enter the continent China“, leverages its own multi-channel and multi-industry advantages and free zone resources, providing brands with cross-border strategy consulting, personalized retail solutions, global trade and other services. program continues to gain recognition from Suning International overseas brands.

The Managing Director of Suning International, Melody Jia released this statement.

“Acquisition of this license upgrades Suning Financial Service’s cross-border payment business capabilities and confirms further enhancements to the” one-stop solution for foreign brands to enter the continent China‘ a service. By leveraging the cross-border payment services provided by Suning Financial Services, we can achieve real-time onshore to offshore exchange rates. In addition to this, we can provide more secure and convenient comprehensive payment services for foreign brands to enter the Chinese market. As an imported supply chain retail service platform, the ‘one-stop solution for foreign brands to enter the mainland ChinaThe service can help more foreign brands gain a foothold on the continent China. “

Going forward, Suning International will continue to improve its comprehensive one-stop retail solutions. Suning International is committed to creating online and offline scenarios, localized experiential retail, marketing and consulting solutions. We also want to empower cross-border traders and make the privileged entry of foreign brands to enter the Chinese market.

About the Suning Group

Founded in 1990, Suning Group has two listed subsidiaries in China and abroad and more than 300,000 employees worldwide, ranking third in Chinese private sector. Committed to its mission to lead industrial progress in creating a better quality of life for all, it provides quality products and services to more than 700 million customers worldwide and has its business scope covering three main sectors: retail, real estate and financial. A service. Suning.com, the main subsidiary is one of the leading O2O intelligent retail service providers in China. In 2020, Suning.com maintained its position among the Fortune Global 500 and topped the 2020 list of from China 500 most valuable brands with a brand value of 296.815 billion RMB.

About Suning International
Suning International is the international business arm of Suning Group, with two business platforms: a cross-border retail platform and the leading provider of cross-border retail services Sup’s. Suning International is positioning itself as an import supply chain retail service platform for the new decade, to fully enhance the growth and prosperity of global brands in the Chinese market.

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