Qianhai Airlines Exchange aims at the trillion-level aviation and shipping market

Recently, Qianhai Airlines Exchange launched the first aviation and shipping financial settlement and data service management platform - Hangpay Insurance, which provides reliable guarantee for the transactions, operating capital settlement and payment of aviation and shipping SMEs, and provides real and effective credit reports and diversified financing services for small and medium-sized aviation and shipping enterprises based on a large number of settlement and payment data accumulated by enterprises on the Aviation Payment Insurance platform, and solves industry financing problems
.

The global shipping index rebounded

"We mainly look at the vast market opportunities
in the aviation industry.
" Wang Qian, co-founder and chief operating officer of Qianhai Airlines Exchange, said in an interview with reporters a few days ago that the BDI index, which is the vane of the global shipping industry, returned to 748 points after rising continuously in the first quarter of this year, rebounding by more than 258% compared with the historical low of 290 points, bringing a ray of light
for the recovery of the shipping industry.
With the continuous adjustment of the domestic economic structure, small and medium-sized shipping enterprises still have development opportunities
.
"Internet + Aviation Shipping + Finance" provides new ideas for the transformation of traditional enterprise business models, and ship buyers and sellers can conduct asset transactions through the Internet, effectively reducing time and operating costs
.
Globally, the market size of 3 trillion yuan in the aviation industry and 10 trillion yuan in the shipping industry are enough for the Qianhainan Airlines Exchange to excavate
.

Another reason is that aviation insurance can systematically solve the "pain points" of small and medium-sized aviation and shipping enterprises, Wang Qianqian told reporters, in addition to being subject to information asymmetry, due to the high degree of dispersion of domestic aviation and shipping small and medium-sized enterprises' operating data, enterprises themselves fail to form a complete enterprise credit management system, resulting in financial institutions can not use the existing credit evaluation system to do financing risk assessment and management, a large number of small and medium-sized enterprises from financial institutions can not normally finance
.

Under the joint action of market and demand, the former HNA Exchange, which has both "air and shipping asset trading" and "financial asset trading"
, has room to exert its strength.
Qianhai Airlines Exchange's air shipping assets are mainly spot transactions of aircraft and ships, and will also do some Internet-based extensions, such as online auctions in cooperation with Alibaba's Taobao asset disposal platform, and also launched a third-party fund settlement platform for the aviation and shipping industry - Hangfu Insurance
.
Another large piece of financial asset transactions is based on the development of aircraft and shipbuilding related enterprises, mainly based on the high-quality financial assets and equity of enterprises for product design, so as to achieve professional, efficient and safe capital matching between the financing end and the investment end
.

Enhance mutual trust in air and shipping

"The first issue solved by the Qianhai Airlines Exchange is to enhance the mutual trust between the two parties to the air and shipping transactions, as an exchange licensed institution, we will strictly review the qualifications of both parties, and the aviation insurance platform largely avoids the risks
in the transaction.
At the same time, it ensures the stability and integrity of the capital chain of enterprises in the two subdivisions of aviation and shipping, and promotes commercial reproduction and model innovation and development
.
Wang Qianqian said
.

According to the reporter, China's inland river freight volume accounts for a low proportion of comprehensive transportation, far from giving full play to the advantages of
China's rich inland shipping resources.
In recent years, the overall downturn of the industry has made the demand for inland shipping companies seeking transformation and upgrading increasingly prominent
.
With the penetration of the Internet in the shipping industry, the complementary and mutual integration of resources, and the emergence of the shipping ecosystem, the integration of the aviation and shipping industry and "Internet +" is becoming closer
.
In Wang Qianqian's view, whether it is to do the aviation financial settlement and data service management platform of aviation and shipping, or cooperate with Internet companies to help domestic aviation and shipping companies auction assets, there is a purpose to establish credit management files
for the domestic and future global aviation and shipping industry.

The recovery of the global shipping industry will be a relatively gentle and continuous process for the foreseeable future, and it is difficult to see a simultaneous upward trend across all sectors
.
In particular, the possibility of a peak immediately after a cyclical trough in the shipbuilding industry is even smaller, and it is more likely that the industry will have to adapt to the new normal of lower growth, tighter cost control, and smaller profit fluctuations
.
Wang Qianqian said that this means a new opportunity for the Qianhai Aviation Exchange, that is, the financing needs of shipowners and a large number of non-performing asset disposal needs generated by the shipping trough, as well as more comprehensive and accurate shipping data and industry credit needs, etc.
, will become the business
that the Qianhai Airlines Exchange will focus on promoting in the future development layout.