• SUIC and Beneway USA have rolled out a proprietary B2B2C system, a superior all-in-one payment and total financing solution that combines the capabilities and benefits of SUIC’s B2B e-commerce model with those of its proprietary B2C platform
• The B2B model streamlines business processes and enables businesses to develop and implement substantial growth opportunities as well as optimize costs
• The all-in-one B2C platform integrates payment systems, electronic invoice devices, mobile cash registers, POS system devices, enterprise resource planning, big data, AI, value-added cloud services, and other services
• SUIC hopes the B2B2C system, combined with cutting-edge technologies and solutions the company continues to adopt, will sustain rapid growth
• The company is confident that the B2B2C system will not only boost the IPO activity of Beneway USA but also retain its strong momentum into Q2 2024

SUIC Worldwide Holdings (OTC: SUIC), SUIC is the largest shareholder and major operating partner of Beneway Holdings Group, Ltd. USA (“Beneway USA”), recently announced a positive development expected to boost the IPO activity of Beneway USA. The announcement focused on the capabilities of SUIC and Beneway USA’s proprietary B2B2C system (https://ibn.fm/2WJFP).

The B2B2C system is a superior all-in-one payment and total financing solution that combines the capabilities and benefits of SUIC’s B2B e-commerce model with those of its proprietary B2C platform. For its part, the B2B model enables businesses to develop and implement substantial growth opportunities as well as optimize costs. It streamlines business processes such as purchase order payments and inventory control and offers financing services, an AI credit system, and big data.

On the other hand, the B2C platform is an all-in-one product designed for merchants. Developed and offered by Boom FinTech Inc., a major fintech subsidiary of Beneway USA, the platform integrates payment systems, electronic invoice devices, mobile cash registers, POS system devices, enterprise resource planning, big data, AI, value-added cloud services, and other services. It allows merchants to use either the fully integrated system or just the functions and features they need. The platform is supported by nine fintech patents.

By combining the B2B model and the B2C platform, the company’s B2B2C system is the best of both worlds. It provides a platform that facilitates financing and other business operations, thus offering strategic planning functions that blend business financing and fintech solutions with inventory management systems. This, the company says, complements and bolsters sales and marketing channels of businesses’ partner merchants, franchisees, and suppliers around the world.

The B2B2C system is a result of various milestones SUIC and Beneway USA have progressively completed. For instance, SUIC and Boom Fintech recently entered into an agreement with BD Bankers to access credit of up to $100 million in Intellectual Property (“IP”) financing intended for the integration of advanced systems and patents held by Boom Fintech. According to the company, the IP financing will be used in the B2B financing of its merchants as well as to support their development of B2B technology. SUIC hopes the financing will bolster supply chain integration for suppliers (https://ibn.fm/nU64m).

Still, SUIC continues to adopt cutting-edge technologies and solutions to integrate its e-commerce operations within the global supply chain financing market. The company expects these technologies and solutions will sustain rapid growth driven by seamless digital payment methods and boost competition with brick-and-mortar establishments. In fact, the company intends to move into the major markets of the U.S., Europe, and other parts of the world as it builds a cohesive network, SUIC CEO Hank Wang said.

“Our comprehensive financial products and services are designed to advance our business strategies and solidify our equity value and future returns, especially for our shareholders. We expect that the borrowing and lending market will inflate up to 10 times the current supply chain financing market,” conveyed Mr. Wang, CEO of SUIC.

SUIC is confident that the B2B2C system will not only boost the IPO activity of Beneway USA but also retain its strong momentum into Q2 2024. It will also enable the company to tap into the growing global supply chain financial market, which is expected to reach $13.4 billion by 2025 from $6 billion in 2021, an 8.8% CAGR (https://ibn.fm/SUSrx). And with 60% of this market comprising small and medium-sized retailers, which constitute SUIC’s target market, according to the news release, the company is eying a significant share of the multi-trillion-dollar market.

For more information, visit the company’s website at www.SinoUnitedCo.com.

NOTE TO INVESTORS: The latest news and updates relating to SUIC are available in the company’s newsroom at https://ibn.fm/SUIC

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