At 15:30 on December 22, 2017, at the Jiangxi Tainike International Hotel, Shang Wei, Vice President of the Nanchang Construction Machinery Leasing Association, Zhao Guangquan, founder of Xiangzu Equipment, Gao Yunfeng, General Manager of China Construction Second Engineering Bureau Jiangxi Company, Yang Huaming, Deputy General Manager of Zhongding International Construction Group Jiangxi Mine Tunnel Construction Co., Ltd., Xu Penghao, Manager of Construction Management Department of China Construction Eighth Engineering Division Jiangxi Manager Department, Liu Yong, Manager of Engineering Department of Nanchang Wanda City, Xia Jing, General Manager of Jiangxi Xinyi Machinery Leasing Co., Ltd., Wan Huihong, Chairman of Jiangxi Yunbo Industrial, and other guests gathered together to witness the grand launch and signing ceremony of Xiangzu Equipment Jiangxi Station. This is an important launch link in the national strategic layout blueprint of Xiangzu Equipment after its 1.0 version was officially launched on November 23, and also the first appearance of Xiangzu Equipment Jiangxi Subsidiary. This also indicates that the Internet transformation in the national engineering equipment leasing field will be first comprehensively promoted at various construction sites in Jiangxi. This move will greatly improve the operational efficiency of construction enterprises and engineering equipment leasing enterprises in Jiangxi, creating a precedent in the industry.
It is understood that Xiangzu Equipment is the first B2B Internet SaaS financial platform for engineering equipment leasing in China, founded by former Wanda Group executive Zhao Guangquan. The company is committed to providing professional overall solutions for engineering equipment leasing to lessees, lessors, financial institutions, and equipment manufacturers through its self-developed vertical Internet professional platform, with the help of supply chain finance and offline professional teams, and quickly realizing transactions on the platform. The company's development goal is to become China's United Rentals.
"Make it easy to rent equipment anywhere in the world" is an important mission of Xiangzu Equipment, and also the driving force for its team to introduce Internet thinking and Internet finance concepts into the traditional engineering equipment leasing industry. Its goals are grand, its vision is clear, and its market potential is huge.
Since its establishment, the company has received strategic investments from investment institutions such as Lingshi Investment, Tianming Group, Fengshang Capital, Lishi Venture Capital, and Beige Holdings, gathering high momentum for the rapid development of the enterprise and the promotion of the industry's Internetization. At the same time, Xiangzu Equipment has also reached cooperation with many construction enterprises, equipment leasing enterprises, and financial institutions such as China Construction Fifth Engineering Division, Haisheng International Financial Leasing, Yingke International Commercial Factoring, China Construction Chongqing Machinery Leasing, XCMG Schwing Leasing Company, Shaanxi Construction Machinery, and Zhongan Engineering Machinery, joining forces to deeply cultivate the engineering equipment leasing market. On November 23, 2017, the 1.0 version of Xiangzu Equipment Internet B2B platform was officially launched. With the help of powerful Internet technology, the platform achieves deep integration of online and offline. It not only optimizes the industrial chain and solves many difficulties and pain points in the development of the engineering machinery equipment leasing industry, but also activates the industrial chain and fully leverages the advantages of the sharing economy. This time, Xiangzu Equipment carries out its first landing practice in Jiangxi and signs a strategic cooperation with Jiangxi Gongchuang Equipment Technology Co., Ltd. All parties will jointly explore new models for the implementation and development of engineering equipment leasing business, accelerate the Internetization of the industry chain, and build a healthy, efficient, transparent, and seamless operating environment. With the official operation of Xiangzu Equipment Jiangxi Subsidiary, it is expected that the platform transaction volume will exceed 150 million yuan in January 2018.
Zhao Guangquan, founder of Xiangzu Equipment, shared his journey of founding the company, outlined the development blueprint of Xiangzu Equipment, and expressed deep gratitude to partners. "With the power of the Internet, overthrow all obstacles in the field of engineering equipment leasing, make it easy to rent equipment anywhere in the world, greatly improve industry efficiency, and provide lessees with services beyond expectations." This founder, who has been deeply involved in the real estate and construction industries for more than 20 years, was full of confidence at the launch ceremony, speaking powerfully and forcefully.
Zhao Guangquan said: "Jiangxi's red culture is famous at home and abroad. Jinggangshan is the cradle of the Chinese revolution, and Nanchang is the birthplace of the Chinese People's Liberation Army. Today, the grand opening of the Xiangzu Equipment Jiangxi Station Launch and Signing Ceremony indicates that Xiangzu Equipment will always 'stay true to its original aspiration', deeply cultivate the engineering equipment leasing field, and sincerely, genuinely, and truly solve industry pain points for construction parties and equipment lessors. I have worked in the real estate and construction industries for many years and have engaged in almost all types of work in the real estate industry and construction sites. I understand the many cruxes in this field very well, especially in the engineering equipment leasing link, where there are many pain points. Construction parties find it difficult to quickly find qualified equipment, and there are difficulties such as long management chains, opacity, difficulty in scientific management, frequent safety accidents, low efficiency, and impact on construction schedules. Engineering equipment lessors have problems such as difficulty in accurately finding customers, low equipment utilization, and long payment cycles. Information asymmetry between the two parties, and the operating model still remains in the traditional model of the non-Internet era. Therefore, my team and I are committed to using the concept of top-level design of supply chain finance to give wings of the Internet to the engineering equipment leasing field, create a new business format and new model of co-prosperity and symbiosis in the engineering equipment leasing ecosystem, and achieve a win-win model of sharing market, sharing equipment, sharing finance, sharing capital, and sharing platform through the Xiangzu platform." Zhao Guangquan, who once set a record of presiding over the construction of three Wanda Plazas in four years and has military-like execution, said that since the company's establishment, it has received strong support from many enterprises in various regions across the country, and everyone has put forward many pertinent suggestions for the development of Xiangzu Equipment. "The future has come. Only by 'looking up at the stars and keeping our feet on the ground', and daring to ride on the back of the new world, can traditional engineering construction enterprises, traditional engineering equipment leasing enterprises, and practitioners fighting on this front leverage the trend of the times to create more value for society and realize personal life pursuits!"
Gao Yunfeng, General Manager of China Construction Second Engineering Bureau Jiangxi Company, shared his thoughts on industry development in his speech and fully affirmed the transformative driving force brought by Xiangzu Equipment to the industry. He said: "China Construction Second Engineering Bureau Jiangxi Company is a regional branch of China Construction Second Engineering Bureau Co., Ltd. with non-legal person status, and is the only authorized operating unit of China Construction Second Engineering Bureau Co., Ltd. in Shanghai. Entrusted by the bureau, it exercises the production and operation power in East China on behalf of the bureau. We are also exploring innovative ways of engineering equipment leasing management and use. Previously, under the unified guidance of the Provincial Party Committee, the Provincial Government, and the State-owned Assets Supervision and Administration Commission, we carefully studied the report of the 19th National Congress of the Communist Party of China. The report's 'firmly implement the innovation-driven development strategy' aroused our reflection. We believe that as a traditional engineering contracting industry, we must change our concepts. After in-depth understanding of Xiangzu Equipment, we are deeply interested in its vertical Internet professional platform model of rapid transactions. This new technological means can perfect or even subvert the engineering leasing business model and business processes. We are willing to reach strategic cooperation with it. Today's signing with Xiangzu Equipment is only the first step of a long march. In the future, I sincerely hope to further cooperate with Xiangzu Equipment, share and win together, and also hope to deepen understanding and interconnection with friends from all walks of life through Xiangzu Equipment." Yang Huaming, Deputy General Manager of Zhongding International Construction Group Jiangxi Mine Tunnel Construction Co., Ltd., discussed two key difficulties in the industry with everyone and expressed a strong willingness to cooperate deeply with Xiangzu Equipment. He believes: "In the traditional engineering equipment leasing industry, there are two major problems. First, it is difficult to find high-quality leasing enterprises and difficult to rent equipment. Even if the contract is signed and preliminary communication is smooth, there are still many problems during the subsequent use of equipment, directly affecting construction and other follow-up work. Second, some tower crane operators in some leasing enterprises have weak safety awareness, and safety hazards have become another pain point in equipment leasing that urgently needs to be solved. Xiangzu Equipment, as the first domestic engineering equipment Internet finance platform, through the industrial ecosystem built by the Internet platform, connects lessees and establishes a seamless online and offline control system to ensure accurate and transparent solutions to various problems in equipment use during construction, greatly improving equipment use efficiency, so that construction enterprises like us no longer worry about difficulty in finding equipment, difficulty in repairing equipment, and difficulty in raising safety awareness of leasing companies." As an engineering equipment lessor, Xia Jing, General Manager of Jiangxi Xinyi Machinery Leasing Co., Ltd., also shared his confusion over many years in the industry and his expectations for the future development of Xiangzu Equipment. He said: "First, due to information asymmetry between construction parties and us lessors, leasing companies find it difficult to find business, resulting in a large amount of idle equipment every year and very large economic losses. Second, rental fees are seriously in arrears and payments are not timely, leading to insufficient or even broken cash flow for some leasing enterprises, and ultimately forcing them to withdraw from the industry. Third, inadequate management during the leasing process leads to the loss of fixed assets, making it difficult for our leasing enterprises to develop. Now the emergence of Xiangzu Equipment has well solved these problems. It not only improves the efficiency of equipment use by lessors and optimizes industrial chain finance, but also incorporates equipment manufacturers, raw material suppliers, and our leasing companies into an ecosystem, truly achieving efficiency and safety." Wan Huihong, Chairman of Jiangxi Yunbo Industrial, looked forward to the Jiangxi Station launch and signing ceremony: "Zhao Guangquan, founder of Xiangzu Equipment, has more than 20 years of experience in the construction industry, is familiar with all aspects of construction engineering machinery and equipment, and has forged rich connections and resources in the industry. Now Xiangzu Equipment stands at the forefront of new era development, grasps the pulse of the sharing economy, and gradually builds a new business format and new model of co-prosperity and symbiosis in the equipment leasing ecosystem, which deeply aligns with our corporate vision in many aspects. My team and I both believe that Mr. Zhao Guangquan is an entrepreneur with leadership qualities, good ideological sentiments, and forward-looking development vision. This strategic cooperation between the two parties will help transform and upgrade the traditional equipment leasing industry and greatly enhance the utilization value of machinery and equipment. We are very honored that in the future, we will jointly create an infinitely broad development prospect for the engineering leasing industry!" At the signing ceremony, Xiangzu Equipment signed strategic cooperation agreements with many enterprises, including Zhongding International Construction Group Jiangxi Mine Tunnel Construction Co., Ltd., Jiangxi Yunbo Industrial Co., Ltd., Nanchang Jieshun Construction Equipment Leasing Co., Ltd., Jiangxi Wu'an Construction Machinery Equipment Co., Ltd., and Jiangxi Xinyi Mechanical Engineering Co., Ltd. In just two months since its establishment, Xiangzu Equipment has advanced its business at an astonishing speed, and its strategic layout blueprint is steadily being realized. According to industry insiders, the official launch of Xiangzu Equipment in Jiangxi this time can bring an annual transaction volume of more than 500 million yuan to the enterprise.