Wanshanghui B2Q

About Wanshanghui B2Q

Wanshanghui is a one-stop procurement services platform operating under the B2Q (Business to Quality control) model, which integrates quality control into the e-commerce process for businesses. The company, officially Zhejiang Wanshanghui Network Technology Co., Ltd., was established in Hangzhou on October 12, 2013. The founder is Yang Guojian, who also serves as the chairman of Zhejiang宇安Fire Fighting Equipment Co., Ltd. and is noted for holding 65 personal patents.

The platform's core service involves a network of engineers who provide clients with online consultations, on-site inspections, factory audits, and post-sale equipment installation and maintenance, ensuring quality throughout the procurement cycle. This model aims to address the limitations of traditional B2B e-commerce by offering a precise purchasing and sales system designed to reduce operational costs and enhance efficiency for enterprises. The platform also provides free bidding information and assists businesses in building their own official website mall systems. Wanshanghui's offerings have expanded to include specialized industry platforms like 'Huiqixiu' for the automotive aftermarket and 'Sudahui' for logistics.

Financially, Wanshanghui secured a multi-million RMB angel round in May 2015, followed by an 80 million RMB Series A round in March 2016, with Zhejiang YUAN Fire Fighting Equipment Co., Ltd. listed as an investor. The company also partnered with the Agricultural Bank of China to obtain third-party payment qualifications.