Latest

The IoT industrial base of State Grid Electronic Commerce settles in Xiamen

2020-09-18 10:21

On the morning of September 15, the Management Committee of Xiamen Torch Development Zone for High Technology Industries signed a tripartite cooperation agreement with State Grid Electronic Commerce Co., Ltd. to jointly promote the IoT industrial base of State Grid Electronic Commerce to settle in Xiamen.

 

The base will gather and develop platform services such as energy Internet, energy finance, and industrial park operation, with an estimated transaction size of more than 80 billion yuan within five years, and contribution to tax revenue surpassing 1 billion yuan.

 
State Grid Electronic Commerce is a wholly-owned subsidiary of State Grid Corporation of China, whose main business includes two major fields of e-commerce and financial technology.

 

Nine platforms have been built, including Power E-Bao, State Grid Mall, State Grid Business Travel Cloud, and State Grid mass entrepreneurship and innovation platform. It is the largest B2B platform for power industry in China.

[ Web editor:Wu Jianhan, Robin Wang    Source:Invest Xiamen ]