On December 27, Entroyi and Shenzhen Great China International Hotel Management Co., Ltd. (GCH) and Shenzhen Great China Commercial Factoring co. Ltd. (GCCF) were co-hosted the Convention on the Digital Integration Development of Hotel Purchasing and Supply Chain Finance in The Great China Hilton Hotel in Shenzhen. At the meeting, Entroyi signed a strategic cooperation agreement and will launch a comprehensive cooperation in digital procurement, big data applications and supply chain financial services with GCH and GCCF.
 

Wenxi Huang, Executive Director of Great China International Group, Chairman of GCH and GCCF

Ms. Huang said that this cooperation marks a new journey for GCH and GCCF. Entroyi will help GCH to make digital procurement more transparent and faster. The two parties, Entroyi and GCCF, will jointly promote the supply chain financial factoring business, providing better opportunities and lower costs for the hotel industry supply chain.
 

Ben Connors, Entroyi COO

Ben Connors said: "We are very glad to have reached a strategic cooperation with GCCF and GCH. This means that in the future, Entroyi platform can further provide supply chain financial services, so that everyone can enjoy more business opportunities and rest assured transactions. To achieve fast and safe payment, I believe that this strategic cooperation will become an industry model of strong alliance and win-win cooperation. "
 

Cathy Zheng, Vice President of GCH and GCCF

According to Ms. Zheng, GCCF, subordinated to GCIG, is a supply chain financial institution that focuses on the hotel industry and solves financing problems for hotel suppliers and hotel owners. Entroyi, as a leading domestic procurement transaction coordination platform, will further promote the sustainable and healthy development of upstream and downstream companies in the supply chain and create a win-win ecosystem, combined with the efficient and convenient method of commercial factoring.
 

Mandy Wang, Vice president of GCH

Ms. Wang introduced that GCH is a wholly-owned subsidiary of GICG. There are many international five-star hotel projects, including the Shenzhen Great China Sheraton Hotel, Shenzhen Great China Hilton Hotel and Shenzhen Great China Marriott Hotel, Sheraton Hotel in Fupeng, Shantou and Sheraton Hotel in Renhuai, GuiZhou, etc. In addition, it established its own hotel brand, INNOGO Hotel. The cooperation between GCH and Entroyi will promote the digital transformation of hotel procurement management and create a procurement management process system that is smart, collaborative, data-driven, resource-integrated and cost-optimized.
 

Calvin Liu, Entroyi consulting director

Mr. Liu pointed out: "Entroyi supply chain solutions and services cover SaaS cloud platforms, including procurement, sales, source tracing and big data, which can meet the diverse supply of enterprise procurement management, channel collaboration, customer collaboration, intelligent source tracing, and big data management. The chain management help companies to visualize enterprise management through digital visualization. " GCH will realize digital procurement upgrade with the help of Entroyi Procurement Cloud Platform. It can meet the needs of online procurement sourcing, rapid approval, order execution, contract management, receipt reconciliation, and supplier management, helping enterprises reduce costs and increase efficiency to achieve efficient coordination of procurement transactions and business management.
 

Gao Wang, GM of Colife hotel management company

Mr. Wang said: "The cooperation with Entroyi allows us to feel the importance of digitalization in the development and transformation of the hotel industry. The innovation of procurement management can bring about the optimization of profit structure and the improvement of service quality. We look forward to the win-win cooperation of Entroyi and Great China, promoting the development of the industry. "
 

Signing ceremony

Finally, a strategic cooperation signing ceremony was held among Entroyi, GCH and GCCF. Mr. Siow, CEO of Entroyi, signed an agreement with Ms. Huang, Executive Director of Great China International Group, Chairman of GCH and GCCF.
 

Through this strategic cooperation, the two parties will jointly explore the innovative integration of hotel digital procurement and supply chain finance with the goal of win-win cooperation, complementary advantages, collaborative innovation, and integrated development. Based on technology of big data, cloud computing, blockchain, they will promote a healthy and sustainable development rapidly of the hotel industry, combining with its own business characteristics and industry advantages.