Sun He: The world’s leading pioneer of digital technology service cloud platform for human resources supply chain

Sun He

Born in Penglai, Shandong, he holds an MBA from the University of the West of England and an Executive MBA from China Europe International Business School. He is the founder and CEO of Xinhai Technology (Shanghai) Co., Ltd.

Deep matching customer needs

Deep matching client

Up to now, Xinhai Technology has obtained 11 computer software copyright certificates issued by the State Intellectual Property Office, among which representatives Typical technologies include Xinhai Technology’s protection system, Xinhai Technology’s OpenAPI monitoring system, Xinhai Technology’s big data visualization platform, Xinhai Technology’s big data intelligent risk control system, and Xinhai Technology’s ODS data platform.

In addition to the Shanghai headquarters, Xinhai Technology has branches in Beijing, Tianjin, Guangzhou, Shenzhen, Jiangsu, Zhejiang, Shandong and other places, with more than 60 team members, of which 42% are scientific and technical personnel. Sales personnel account for 28%, and the core team comes from senior executives of joint-stock bank head offices, well-known Internet technology companies, and human resources service experts.

The platform already has basic data on 2 million+ employment companies, 160,00 human resources service companies, and 1,00 financial institutions. A large database of industry digital scenario applications has been built to empower industry development through data services.

The platform has established cooperation with many banks and financial institutions such as Suning Bank, Qishang Bank, Jiujiang Bank, Daosheng Factoring, China Construction Bank, and Blue Ocean Bank.

It has become a member of more than 30 human resources service industry associations across the country, including Beijing, Shanghai, Guangzhou, Shenzhen, Guangdong, Nanjing, Hangzhou, Hebei, Zhengzhou, Xi'an, Hunan, Chongqing, and Jilin.

Xinqi Chain serves 400 customers, provides accounts receivable financing services to more than 160 human resources service companies, and has served customers with more than 5 billion yuan in advance and salary payments.

In the next three years, the human resources companies we serve will achieve financing for 1,500 companies, and the transaction volume of the platform will exceed 80 billion.

Use technology let finance easier

Use technology to make financial services easier

The Xinqi Chain platform is based on the strategic line of technology + finance + scenarios, focusing on Human resources segment. The team led by Sun He uses financial technology to connect and serve multiple B-side enterprises and C-side employees, integrate data and resources from multiple parties, and achieve seamless connection between asset clients, capital channels, and employees, forming a closed-loop business ecosystem. Provides upstream and downstream human resources companies with multiple supply chain digital service solutions such as business bidding, personnel recruitment, financing, payroll, monitoring, and credit reporting.

Sun He said that human resources service companies are asset-light companies and it is difficult to obtain bank loan support. The long-term problems faced by these enterprises, such as difficult financing, high financing costs, difficult recruitment, high labor recruitment costs, and low retention rates, are difficult to solve. Our Xinqi Chain integrates data and funds in the human resources industry supply chain, establishes an intelligent risk control system for funders, quantifies risk control standards, conducts closed-loop management of accounts receivable, and provides funders with risk-controllable assets.

She said that the risk control principles and capabilities of Xinqi Chain meet the risk control requirements of banks and are highly recognized by banks and other financial parties. This is something that other platforms cannot achieve. This is the unique characteristic of Xinqi Chain. Unique advantages. The big data platform of Xinqi Chain provides credit profiling services for all parties involved in the human resources industry supply chain. It can also provide customized software services and technical services for human resources service companies. Finally, it can realize the visualization of the entire supply chain. Management informatization, maximizing overall benefits and minimizing management costs.

Currently, Xinqi Chain has 6 major service products, namely:

①Industrial digital services

Through big data mining, analysis, presentation, distribution, etc. Technology development to provide digital services for upstream and downstream enterprises in the human resources industry:

②Accounts receivable financing services

Provide flexible, convenient, timely and safe services for human resources enterprises The labor expense accounts receivable financing solution meets the financing needs of "daily advances", "weekly advances", "monthly advances" and "cyclic advances" under flexible employment and daily settlement of wages.

③Intelligent working hours collection service

Provides daily working hours collection of on-site employees for employment enterprises and human resources service enterprises, as a cost settlement between employment enterprises and human resources service enterprises, and The data basis for human resources service companies to issue daily wages (daily wages), as well as provide authentic transaction basis for funders to advance funds, and provide online electronic contract signing services for companies to recruit employees.

④ Salary payment visualization service

⑤ Asset output service

Salary enterprise chain connects all parties in the industrial chain and can realize the flow of information and funds between upstream and downstream enterprises "Four streams into one" such as flow and business flow, using technologies such as intelligent dynamic risk control and big data profiling, as well as confirming the rights of accounts receivable and assisting in capital supervision, etc., to assist the capital side (bank) in factoring business.

⑥Commercial insurance agency services

Xinqi Lian helps insurance companies carry out commercial insurance business and launches "Employer's Liability Insurance" and "Accidental Injury Insurance". Insurance is convenient and fast, operated online, claims are settled in place, and service is considerate.

The market will always belong to companies that are prepared, innovative and leading. Obviously, Sun He and her team are ready.

Dominant and development prospect

Advantages and development prospects

In just two years, the performance and results created by Xinqi Chain:

①Customer acquisition capabilities

The platform database has 160,00 human resources service companies, 2 million+ employment companies, tens of millions of C-side payroll and other data, empowering the industry’s digital service capabilities. appear.

②Intelligent risk control

Carry out big data risk control portraits for employment companies and human resources service companies, with 10 labels online and 5 labels offline in data dimensions, 7*24 Hourly dynamic data transfer. The risk control principles and capabilities of Xinqi Chain can meet the risk control requirements of banks and are highly recognized by banks and other financial parties. This is something that other platforms cannot achieve and is also the unique advantage of Xinqi Chain.

③Business scenario-based

Xinqi Chain is a B2B2C scenario business model. The transaction data of employment companies, human resources service companies, employees, financial institutions, etc. are on the chain, cannot be changed, and are traceable, forming a four-stream integration of the supply chain, visualizing capital flow, full bank account supervision, and guaranteed repayment.

④Business Efficiency

Online and offline business operations are easy to operate, highly efficient, and system-connected. Assets and information are provided in real time in accordance with the standards of the funder. The demander applies for it on the same day and issues it on the same day.

At present, my country's service outsourcing industry is in a critical period of transition to the mid-to-high end of the global value chain. Digital-driven industrial development is an important cornerstone for overtaking my country's service outsourcing industry and promoting the high-quality development of Chinese enterprises. . Xinqi Chain applies big data, blockchain, artificial intelligence, cloud computing and other technologies to create a supply chain ecological closed loop with industry-finance collaboration, high openness, and win-win cooperation, helping the human resources industry achieve digital transformation.

Sun He said that there are more than 40,000 human resources service businesses in effective operation in our country, and nearly 200,000 human resources service businesses are registered with the market supervision department. There is an urgent need for digitalization in the resource industry. The company is currently iteratively upgrading the "Xinqi Chain" platform. The iterated platform has been renamed the "Xinqi Cloud" cloud platform. You will see that the new platform has more powerful functions in serving the human resources industry.

She introduced that under the background of a series of national support and support policies, Xinqi Chain will focus on the human resources industry, continue to refine product directions with a customer-oriented approach, optimize the product matrix, and use technical means and business Model advantages, enhance product advantages, and form an absolute leading edge in the industry.

Sun He also revealed that the company is introducing equity investors, cooperating with like-minded people to accelerate the company's development, and seeking more wins based on the existing foundation of Xinqi Chain.

Final innovate platform

A winning innovation platform

Xinqi Chain’s continuous innovation in the human resources industry supply chain financial technology solution model has won the industry Highly recognized and praised:

Sun He, who was born in a financial family, has his own talents. After studying abroad and returning to China, he directly entered the most innovative commercial factoring company in Qianhai to gain experience. Years of rich experience in being a factoring company have made him the most representative supply chain finance expert and operations expert in the industry born in the 1980s. Now we go vertically to the human resources industry, supply chain digitization, technology, and financial services, and we have become the first to take advantage of others. We wish Sun He and her Salary Enterprise Chain to win, achieve great success, and achieve massive development with employment companies, human resources outsourcing and dispatch companies, funders, employees, and other intermediary service companies in human resources services in the new journey. , to realize the great vision of "creating the world's leading digital technology service cloud platform for the human resources industry supply chain".