Yintai Group's participating enterprise Huitongda listed on the Hong Kong Stock Exchange

On February 18th, Yintai Group invested in a company -), becoming the "first stock" of both the Hong Kong Stock Exchange's sinking market and the Lunar Year of the Tiger.

Since its establishment in 2010, Huitongda has been committed to providing goods and services to retail industry enterprise customers in the lower tier market. It has now covered 160000 member retail stores, 10000 suppliers, and 20000 channel partners nationwide. According to the Frost&Sullivan report, based on the scale of transaction business targeting lower tier markets in 2020, Huitongda ranks first and occupies the "leading" position among trading platforms serving enterprise customers in the retail industry in China.

2021 In the first nine months of the year, Huitongda's various businesses maintained high-speed growth, with gross profit increasing by 50% year-on-year and service business revenue increasing by 80% year-on-year. It is expected that by 2025, the total retail scale of durable consumer goods and agricultural production materials in China's sinking market will grow to 7.3 trillion yuan, with a compound annual growth rate of 9.4%.

In recent years, Intime Group has invested in more than 80 companies with a total investment amount of over 20 billion yuan, committed to promoting technological innovation and industrial transformation. Among them, 15 companies have grown into "unicorns" with a valuation of over 1 billion US dollars, and more than 10 companies have completed their IPOs. The investment scope covers smart logistics, smart finance, smart retail, new energy vehicles and other fields, such as Cainiao Network, online banking, Ideal Auto, Ant Group, ByteDance, Hang Yin Consumer Finance, Aibo Biology, Youbao Online and so on.