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VTeam Chairman Dr. Fongtai WEN: Providing Full Lifecycle Financial Service Solutions for Chinese Enterprises’ Global Expansion

From November 7th to 9th, 2024, the 6th (2024) International Factoring and Supply Chain Finance Conference and the 9th China Commercial Factoring Financing Cooperation Conference were held in Shenzhen. The event brought together industry leaders and experts in commercial factoring from both China and abroad to explore new trends and future prospects in international factoring and supply chain finance.

At the International Factoring CEO Dialogue Forum, Dr. Fongtai WEN, Chairman of VTeam Group, stated that in recent years, international trade business and supply chain have been undergoing major adjustments, with an increasing number of Chinese enterprises expanding overseas. Leveraging its 25 years of extensive experience in international supply chain finance, VTeam provides end-to-end financial solutions throughout the three phases of Chinese enterprises’ global expansion - investigation and preparation, build-up factory/company establishment, and business operation - with comprehensive services including export trade financing, offshore trade financing, overseas project financing, and overseas account opening and payment services.

Dr. WEN pointed out that the growing overseas expansion of Chinese enterprises has led to more diverse needs for international financial services. VTeam will partner with domestic and international factors and banking institutions, using two-factor international factoring service as the foundation, to facilitate the sustainable development of China’s international trade business.

The 12th (2024)China Commercial Factoring Industry Summit will be held from November 26th to 27th. During the summit, VTeam Group will host “VTeam Night” themed event to explore three major business models of two-factor international factoring service with industry peers.We cordially invite factoring companies, banks and financial institutions both from China and abroad to join us for collaborative development.

Looking ahead, VTeam Group will continue to deepen its presence in international financial services, innovate financial service products and models, and provide more comprehensive and professional international financial services for Chinese enterprises expanding globally, contributing to China’s international trade industry.