What is Cross-border Wing? Cross-border Wing Review, Features

What is Cross-border Wing? Cross-border Wing Review, Features

Cross-border Wing (Shenzhen Cross-border Wing E-commerce Co., Ltd.) was established in 2013 and is headquartered in Shenzhen. Cross-border Wing provides one-stop export logistics solutions (rich routes, peak season warehouse guarantee, full tracking, FBA first leg, self-operated dedicated line, self-operated parcel, express agent), as well as cross-border e-commerce import logistics services (BC, CC, E Express), technical services and other cross-border trade supply chain services.

Serve

1. Import logistics

(1) Contents:

① Parcel import clearance and delivery: pick up goods in China (Hong Kong or inland airport) (BC/CC must be airlifted to inland airports in China, ETK must be delivered to designated warehouses in Hong Kong), transport from inland airports or Hong Kong warehouses to customs clearance yard, customs clearance, and express delivery from customs clearance yard to the recipient.

②Global direct mail import: door-to-door pickup or express delivery to warehouse (international local warehouse), international to China transportation, customs clearance, express delivery to the recipient at the customs clearance site. Countries or regions that have been opened: Germany, France, the United Kingdom, the Netherlands, Sweden, the United States, and Hong Kong, China.

③ Cloud warehouse drop shipping: pick up goods in China (Hong Kong or inland airport or inland seaport), transport from China's port to warehouse, loading and unloading in warehouse, shelving in warehouse, sorting and packaging in warehouse, outbound transportation to China's inland customs clearance yard, customs clearance, express delivery to the recipient from the customs clearance yard. Advantageous warehouses: Hong Kong Tsuen Wan warehouse, Guangdong-Hong Kong integrated Dongguan warehouse, Nansha bonded warehouse.

(2) Features: Complete import logistics and transportation system; flights every day, 7 days a week; 180,000 square meters of domestic and overseas warehousing; customs clearance at multiple ports, nationwide networking; and multiple options for terminal delivery.

2. Export logistics

(1) FBA first leg: includes US FBA general cargo, US FBA charged cargo, US FBA preferred cargo, US FBA preferred DC cargo, China-US FBA sea freight, Europe FBA general cargo, Europe FBA charged cargo, and Canada FBA general cargo.

(2) Self-operated dedicated lines: including the UK dedicated line, the German dedicated line, the French dedicated line, the Spanish dedicated line, and the Italian dedicated line.

(3) Self-operated small parcels: including European small parcels, Zimbabwe small parcels, American small parcels, and Asian small parcels.

(4) Express delivery agents: including UPS Red Order, DHL, China Post Small Packet, EMS, and e-Post.

3. Cross-border comprehensive services

(1) Customs clearance: Customs supervision code 1039, namely the "market purchase" trade mode, refers to a trade mode in which qualified operators purchase goods in market concentration areas recognized by the national commerce authorities and other departments, with the value of goods on a single customs declaration being less than 150,000 US dollars (including 150,000 US dollars), and handle export customs clearance procedures at the place of purchase. For goods exported by market operators in market concentration areas using the market purchase trade mode, a value-added tax exemption policy is implemented, and RMB settlement is allowed.

(2) E-commerce payment collection: Cross-border Wing cooperates with payment institutions and settlement banks that have obtained "Internet payment" business licenses to provide multi-currency exchange and settlement services for cross-border e-commerce.

(3) Tax refund: Document No. 56 of the General Administration of Customs clearly defines the characteristics of the 9610 cross-border e-commerce export tax refund model: in accordance with the principle of "list verification and release, consolidated declaration" - separate orders are reported collectively, and tax refund declaration and verification are carried out in accordance with the general trade export tax refund standards. If the tax refund is unsuccessful, the e-commerce enterprise can still be converted to tax-free treatment without increasing corporate taxes.

4. Global air transport

Cross-border Wing has launched international air transport services to fully serve cross-border e-commerce. We have established long-term cooperative relationships with many airlines, including China Southern Airlines, UPS, Korean Air, Hainan Airlines, All Nippon Airways, Asiana Airlines, Singapore Airlines, etc. Our global freight forwarding network extends our services to all parts of the world.

5. IT Services

(1) Mall system products:

①Distribution business: distribution ERP (purchase, sales and inventory version), distribution website (customer version).

② Retail business: acquiring payment service, purchasing agent system and retail mall.

③Warehousing and logistics: bonded system, express delivery system, direct purchase system, transshipment system, warehousing system, freight forwarding system.

④Supply chain services: procurement system, sales system.

(2) Data services and applications:

① Basic credit data: information verification services, ID card image recognition, ID card rule verification, default blacklist, corporate business information query, etc.

② Credit analysis services: operator data analysis, JD.com consumption analysis, Taobao consumption analysis, and People’s Bank of China credit analysis.

Development History

-In December 2013, Cross-border Wing was established.

-In July 2015, it received Series A financing.

-In September 2016, it was listed on the New Third Board (stock code 838774).

-In December 2016, it became a Shenzhen high-tech enterprise.

-In March 2017, the company completed its Series B financing.

-In May 2017, it was selected as an innovation-tier enterprise on the NEEQ.

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