Recently, the China-Europe freight train No. 75093, fully loaded with household appliances and chemical products, set off from Xi 'an International Port Station with a whistle. The operation of this train service marks the official launch of the railway logistics financial service "Freight certificate" at China Railway Container Transport Co., LTD., providing a logistics financial solution of "ship first, pay later" for China-Europe railway Express customers, effectively alleviating the pressure on enterprises' capital turnover.
The "Railway Freight Certificate" is a logistics financial product jointly designed by China State Railway Group Co., Ltd. and commercial banks, which enables customers to use letters of credit for financing and pay freight to railway transportation enterprises.
Since September this year, China Railway Container Company has, through precise analysis of customer processing data, addressed the common pain points of large customers such as long capital turnover cycles and high financing costs. It has carefully selected creditworthiness cooperative banks and successfully launched the first "freight certificate" financing business for the China-Europe Railway Express across the country. The "Freight certificate" product for international intermodal transport provided by China Railway Container Company has successfully integrated the "logistics + finance" service model into the entire supply chain process of the train customers, releasing a comprehensive effect of broadening financing channels, reducing financing costs, and accelerating financing efficiency. At the same time, it also brings new service scenarios and profit growth points to financial enterprises, which is conducive to all parties involved in the cooperation giving full play to their respective professional advantages. Enhance the capacity for financial security and the level of risk resistance.
China Railway Container Company will closely monitor customer demands, continuously follow up on the operation of the "Freight Certificate" business, and join hands with cooperative banks to jointly enhance service quality. It will strive to expand the "Freight Certificate" service to more domestic and international logistics projects, injecting strong impetus into improving the efficiency of customer capital turnover and accelerating the construction of a modern railway logistics system. (Source: Official Website of China State Railway Group Co., LTD.
