Wynca recently released the notice that it would establish Wynca Microfinance Service Co., Ltd. The registered capital for Wynca Microfinance Service is 30 million yuan, and 12 million of which was from Wynca, accounting 40% of the total. The business of Wynca Microfinance Service includes online capital consulting, loaning, commodity transaction and other intermediary services.

Wynca aims to provide financing service to the clients at any time and any place through the mode of internet and consumptive loan and by taking advantages of the off-line physical stores and small-loan companies so as to realize “three wins” for clients, sellers and small-loan companies. With the healthy and continuous development of the platform, an industrial chain of “information-platform-account” has been realized. Centering on user resources, a profit model of diversified values has been explored and created. Finally an internet ecosystem with the platform as the core has been established. In the meantime, through this platform, the financing and investing functions both at home and abroad of its wholly owned subsidiaries Wynca HK and Shanghai Xinjiu Financing and Leasing are integrated as an organic whole. This way, the company’s financial service advantages have been formed.

Currently, Wynca meets the challenges from the E-commerce through the following three modes: first, establish cooperative relationship with big portal sites such as Alibaba, Nongyiwang, etc.; secondly, build “Wynca Store” on its own to promote its products and explore sale channels on the internet; thirdly, innovate its business mode. Through increasing its cooperation with agricultural material companies in Jiangsu, Sichuan, Fujian etc., Wynca integrates quality resources and creates the service and cooperation platform by buying shares or holding majority shares in agricultural materials businesses.