Hengtian Cooperates with Zhongda in Building a Mobile Internet Finance Platform

In April of 2014, Insigma Hengtian Software, Ltd. (Hengtian) and Zhejiang Zhongda Group Co. Ltd. (Zhongda) reached an agreement for cooperation in developing a mobile internet finance platform. Hengtian will provide professional IT solutions for Zhongda’s innovations in finance and its new service model.

By enabling the equity investments of individuals through splitting large-scaled investment projects, this system will provide low threshold, low risk platforms for ordinary investors. The system will also support decision-making for the settings of investment product periods, interest rates and investment portfolio through data analysis. At the same time, the system will provide an interface with the equity exchange center to complete data exchanges.

About Zhongda
Zhejiang Zhongda Group Co. Ltd. was established in 2002 as a subsidiary of Zhejiang Material Industrial Zhongda Yuantong Group Co., Ltd. Its business scope includes but is not limited to equity investments, asset management, bank investments and financial advising. Up until now, Zhongda has already successfully invested in Zhejiang Sanhua Co., Ltd., Guangdong Development Bank, China Merchants Bank, Guotai Junan Securities Co., Ltd., Sinochem International, China National Complete Plant Import & Export Co. Ltd., Zhejiang Great Southeast Co. Ltd., and Zhejiang Kangsheng Co., Ltd., with assets under management of close to 2 billion RMB.