Marubeni Corporation (hereinafter, “Marubeni”) has finalized an additional joint investment totaling US$30 million with Zall Smart Commerce Group Ltd. (hereinafter, the “Zall Group”), a leading Chinese operator of business-to-business (B2B) online trade platforms, in ZMA Smart Capital Pte. Ltd. (hereinafter, “ZMA”), a company established in 2019 as a joint venture between Marubeni and the Zall Group.

Signing ceremony
From left to right: Hideyuki Matsuda (General Manager, Finance & Leasing Dept. of Marubeni), Taro Kawabe
(Executive Officer, COO, Finance, Leasing and Real Estate Business Div. of Marubeni), Mr. Yan Zhi (Chairman
of Zall Group), Mr. Yu Wei (Representative of ZMA), Mr. Qi Zhiping (CEO of Zall Group)

Since its establishment, ZMA has continuously provided trade finance services to users of international B2B online trade platforms operated by Commodity Intelligence Centre Pte. Ltd. (hereinafter, “CIC” *), a Zall Group company, and others. The transaction volume on these platforms has steadily grown from 2019, when Marubeni first invested in ZMA, confirming an increasing demand for trade finance services.

This additional investment will strengthen ZMA’s equity capital and expand its external borrowing capacity. As a result, ZMA will be able to cater to the funding needs of small and medium-sized enterprises with limited access to international trade opportunities due to difficulties in foreign currency procurement and letter of credit (L/C) issuance.

Through the operation of this business, Marubeni will provide convenient online financing services and contribute to the expansion of international trade based on CIC’s platform. We will furthermore undertake initiatives alongside CIC to address various financial needs within Asian supply chains by leveraging the advantages afforded by ZMA’s location in Singapore, which is among Asia’s premier financial centers.

*CIC was established as a joint venture between the Zall Group, CrimsonLogic eTrade (Asia) Pte. Ltd. (a Singapore electronic trade service provider), and Singapore Exchange Ltd.

Company Overviews:
Company Name:	ZMA Smart Capital Pte. Ltd.
Location:	Singapore
Established:	May 2019
Representative:	Yu Wei
Main Business:	Provision of online trade finance services
Company Name:	Zall Smart Commerce Group Ltd. (卓尔智联集团有限公司)
Location:	Wuhan City, Hubei Province, People’s Republic of China
Established:	1996
Representative:	Yan Zhi (Chairman), Qi Zhiping (CEO)
Main Business:	Operation of B2B online trade platforms in China and provision of supply chain services
Website:	http://en.zallcn.com/
Company Name:	Commodities Intelligence Centre Pte. Ltd.
Location:	Singapore
Established:	May 2018
Representative:	Wu Xiaoge (CEO)
Main Business:	Provision of international trade online platform services for businesses in Singapore
Website:	https://www.cic-tp.com/

Related News Releases:
・November 13, 2019
Zall-Marubeni Joint Venture Finance Company Commences Commercial Operation
https://www.marubeni.com/en/news/2019/release/20191113E.pdf

・October 31, 2018
Memorandum of Understanding Signed Between Marubeni and the Zall Group for Collaboration in the Online Trade Finance Business
https://www.marubeni.com/en/news/2018/release/00042.html