On January 15, 2024, PHI China was formally inaugurated.

PHI Global's subsidiary is based in Hangzhou, China, and is the result of Chinese investment in cutting-edge technology.

Hangzhou, the capital of Zhejiang province, has consistently been ranked among China's most promising cities for tourism and business. A city with a long history and an important center of innovation. Located at the southern end of the Grand Canal (Beijing-Hangzhou), it is one of the most important central cities of the southern wing of the Yangtze River Delta and a transportation hub in southeastern China. Hangzhou has a natural environment that integrates rivers, lakes and hills. With a population of 12 million people, Hangzhou has joined the club of China's new first-tier cities. Boosted by services, technology and advanced industry, the city is proving to be a model for China's new economy.

The origin of the operation with PHI Global Market SAS came from the innovative intentions and vision for the future of the Chinese group GESM Hangzhou, which, after learning in detail about PHI's disruptive proposal, decided to invest in PHI China and implement the digital system for commodity business management at its base in Hangzhou, thereby launching automation tools, compatible business approaches, speed, security and compliance in favor of operational reliability and new global businesses.

Among the actions planned by PHI China on Chinese territory, GESM immediately sought operational rapprochement in China with its important business partner, Beijing International Trade Co., Ltd. This is a traditional company in the commodities sector that has accumulated a wealth of experience in bidding and import and export trade in its long-term business practice and is able to conclude several bids for large-scale projects and international trade. The company draws on advanced management experience at home and abroad to continuously improve its operations through streamlined automated processes such as those now offered by PHI Global.

Beijing International has long been ranked among the "500 companies with the highest import and export trade volume in the country" and has received the title of "Foreign Trade Company with Outstanding Achievements in Using Foreign Investment to Introduce Technology", "Economic Top 100" and "Top Ten Foreign Trade Companies" issued by the People's Government of China, in addition to other titles and honors. The company has also won consecutive awards from the Integrity and Excellence Selection of Bidding Agencies, organized by the China Bidding and Tendering Association.

From this perspective, PHI Global, with its global network of buyers and suppliers, and PHI China, with its extraordinary business network and contacts in a thriving country, offer the world real opportunities in a prosperous region completely adapted to major transactions and innovations.

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