Qiqitong

About Qiqitong

Founded in 2014, Qiqitong (深圳市企企通科技有限公司) is a prominent software provider specializing in digital procurement and supply chain collaboration, with dual headquarters in Shenzhen and Guangzhou. The company was established by Xu Hui, who serves as the Founder and CEO. His background as a former Vice President at SAP China provides a substantial foundation in enterprise software, which is directly reflected in Qiqitong's strategic direction. The core management team complements this with extensive experience from major technology and consulting firms like SAP, Oracle, and BAT.

Qiqitong operates on a PaaS+SaaS model, delivering a comprehensive, one-stop procurement and supply chain digitalization platform. Its primary offering is a Supplier Relationship Management (SRM) system designed to optimize the entire procurement lifecycle for businesses, from sourcing and bidding to order management and financial reconciliation. The platform caters to a wide array of clients, ranging from Fortune 500 corporations to small and medium-sized enterprises, across more than 30 sectors, including high-end manufacturing, retail, and life sciences. By leveraging technologies such as AI, big data, and cloud computing, Qiqitong enables seamless connectivity between upstream and downstream enterprises, fostering a collaborative supply chain ecosystem. The business generates revenue through its software-as-a-service offerings and has successfully attracted significant venture capital funding from notable investors including Huaying Capital, Yunhui Capital, and SIG Asia Investments.

The company's product suite is designed to address the full spectrum of procurement needs. Key features include a digital procurement platform, an industrial supply chain enablement tool, an enterprise marketplace, and a supplier empowerment platform that offers value-added services like supply chain financing. Qiqitong's system integrates with existing enterprise software and communication tools like DingTalk and WeChat Work, facilitating a unified workflow. A significant achievement for the company was its recognition as a national "Little Giant" firm, a designation for specialized and innovative SMEs in China. The company has also expanded its footprint by establishing offices in major cities such as Beijing, Shanghai, and Hangzhou, and has been actively preparing for an Initial Public Offering (IPO).