At a press conference held in Moscow on the 16th, Russia's Enterprise Development Co., Ltd. announced that the Enterprise Development China-Russia cross-border digital trade platform will be launched on the Moscow Exchange this summer. Sun Tianshu, founder and chairman of the board of directors of Russia's Enterprise Development Co., Ltd., said at the press conference that in the context of China and Russia actively developing the "digital economy", trade digitalization is becoming a priority for China-Russia practical economic and trade cooperation. At present, the Enterprise Development platform has been included in the list of key cooperation projects by the China-Russia Intergovernmental Investment Cooperation Committee. "Using digital technology and artificial intelligence, we are modernizing China-Russia trade, enabling any entrepreneur in Russia and China to conduct convenient, efficient and intelligent cross-border business." Sun Tianshu said.
Gao Qi, general representative of the China Council for the Promotion of International Trade's representative office in Russia, said at the press conference that the Enterprise Development platform has made great contributions to promoting the development of China-Russia cross-border digital trade. The Enterprise Development Company is expected to become the first Chinese company to log on to the Moscow Exchange, which reflects the success and prospects of the platform's development. It is believed that this IPO will inject new impetus into the future growth of the Enterprise Development platform and promote the development of China-Russia cross-border digital trade to a new level.Shostak Kyle, deputy chairman of the board of directors of Russian Enterprise Development Co., Ltd., said at the press conference that the Enterprise Development platform is not only an important participant in the Russian-Chinese digital trade market, but has also achieved impressive results in recent years.
The IPO listing of the platform on the Moscow Exchange is expected to attract a large number of Russian investors. As the scale of Russian-Chinese digital trade continues to increase, the platform's future development prospects will be even broader. According to reports, the Enterprise Development platform is expected to start trading stocks on the Moscow Exchange before the end of this summer. Russian Enterprise Development Co., Ltd. was registered in Moscow in 2013. At present, as an important tool and supply chain channel for cross-border transactions and cross-border marketing between enterprises of the two countries, the Enterprise Development China-Russia cross-border digital trade platform has about 40,000 wholesale buyers and 3,000 brand owners and manufacturers registered, covering more than 10 product categories such as footwear, clothing, home textiles, children's products, luggage, machinery and spare parts, and sales cover Russia and Belarus.