HUITONGDA NET（9878.HK）is China's leading commerce and service platform for business customers in the retail industry in the lower-tier market. The Company was listed on the main board of the Stock Exchange of Hong Kong (SEHK) on February 18, 2022.
While providing customers with a stable and efficient one-stop supply chain, the Company also uses its digital capabilities to provide SaaS+ subscription service and merchant solutions for all partners in the value chain, such as member stores, channel partners and brand manufacturers. The commerce business and service business reinforced each other, creating a remarkable flywheel effect. This not only meets the diversified business needs of the Company’s customers, but also becomes a new source of rapid growth for the Company.
As of December 31, 2021, the company had formed a retail ecosystem covering 21 provinces and municipalities and more than 20,000 villages and towns in China. Its business covers more than 169,000 member stores, with commodities of six major categories, namely household appliances, consumer electronics, agricultural means of production, vehicles and auto parts, homebuilding and renovation materials, and liquor and beverages.
The Company won a number of national-level and provincial-level honors, such as China’s Top 500 Enterprises, China’s Top 500 Private Enterprises, China’s TOP 100 Internet Companies in Comprehensive Strength, China’s Top 10 Industrial Internet Companies, National Digital Commerce Enterprises, National E-Commerce Demonstration Enterprises, National High-Tech Enterprises, China’s Unicorn Enterprise, Strategic Emerging Industry Enterprises in Jiangsu Province, etc. And it is among the first batch of companies included in the list of Jiangsu Province Rural Digital Service Resource Pool.