Huawei launches Financial Partner Go Global Program

Chinese hi-tech giant Huawei launched Financial Partner Go Global Program (FPGGP) on Thursday at the Huawei Intelligent Finance Summit 2021 held in Shanghai, intending to provide digital technical supports for its partners in the financial sector to expand the global market, reported Shanghai Securities News on Friday.

The FPGGP has 25 initial members, including some A-share listed companies such as Shenzhen Sunline Tech Co., Ltd. (300348.SZ), Client Service International, Inc. (300663.SZ), Shijiazhuang Changshan Beiming Technology Co., Ltd. (000158.SZ), and Yusys Technologies Co., Ltd. (300674.SZ).

According to Huawei, the FPGGP will focus on members' cooperation in the five areas of polices and regulations, application scenarios, technological architecture, operation support, and marketing.

Huawei said the FPGGP members can enjoy six core benefits as its partners, including share of business opportunities, capability improvement, marketing, brand promotion, support in investment and financing, and operational guidance.

At present, Huawei has worked with 150-odd financial institutions and created more than 200 financial solutions with them. It has served over 2,000 clients in the financial industry in 60 plus countries and regions, including 47 of the global top 100 banks, according to Cao Chong, president of the Global Financial Business Department of Huawei Enterprise Business Group.