Shanrong business consumption cashback refers to a payment method that uses China Construction Bank comprehensive points for credit payment when purchasing products that support comprehensive points credit in Shanrong Business Personal Mall. Starting from April 11, 2020, order payment no longer supports full point payment, and a single order will use the "points cash" payment method.

1. Main features:

1. Streamline the cash redemption process and improve the experience. The process of redeeming credit card points for cash is embedded in the ordering process, simplifying identity verification. Points can be used with just a SMS verification code. Credit card points can be redeemed for cash when the order is generated, allowing customers to have a smooth shopping experience.

2. Points can be returned in real time, come and go freely. When an order paid with credit card points is cancelled, voided or refunded, the mall will link the credit card points system to refund customer points in real time to maximize the flexibility of customer point use.

3. Unified points settlement, fair and just. When different merchants place orders together, the mall will allocate credit card points based on the proportion of the order amount of different merchants and the total order amount, reflecting the principle of fairness. The settlement of credit card points is unified into the full online settlement process of merchants' electronic coupons, without adding any additional burden to merchants.

2. Service Targets

"Shanrong Business Personal Mall" is positioned as a B2C platform for individual consumers. "Shanrong Business Personal Mall" currently sells 14 categories of products including clothing, bags, books, and electrical appliances. Its adoption model is to provide products to consumers through franchised merchants. Currently, there are 218 stores in the personal mall. Well-known brand manufacturers such as Haier Group, Intime Department Store, Mobil, Shell, Shente Auto Parts, and La Vie en Rose have settled directly. When consumers purchase goods, they can directly pay in installments or apply for loans, or they can also use credit card points redemption coupons to pay. Enterprise - Enterprise Mall. "Shanrong Commercial Enterprise Mall" is positioned as an independent B2B platform for corporate users. Including: professional market, corporate financing, fund custody. Fang e-Tong is Shanrong’s newly added business, which mainly provides loan business for new and second-hand houses, helping customers to more conveniently apply for China Construction Bank’s loan business online, as well as housing funds and other businesses.

"Shanrong Business" takes "business and integration, easy buying and selling" as the starting point, and provides professional e-commerce services and financial support services for enterprises and individuals. In terms of e-commerce services, we provide B2B and B2C customer operation models