E-commerce Morning News on September 3

　　#Laogao E-commerce Newsletter# [E-commerce Morning News on September 3] Vice President of Alibaba Group: Assisting the public security in three years to destroy more than 4,000 counterfeiting dens; starting from September 1, transporting piglets and fresh pork will resume the implementation of the "green channel" policy; BlueOcean Pay officially announced that it has reached a strategic cooperation with China Youzan; Xiaomi: It will repurchase shares in the open market at a maximum total price of HK$12 billion; Feng Xin of Feng Storm was arrested for bribery and embezzlement of non-state staff...

　　E-commerce newsletter

　　1. Vice President of Alibaba Group: Assisting the public security in three years to destroy more than 4,000 counterfeiting dens

　　On September 2, Alibaba partner and vice president of the group Yu Siying said at the 10th China Intellectual Property Annual Conference that at present, on Alibaba's platform, there are 1.5 billion stocks of goods, with a daily new product volume of 30 million. With the help of technology and algorithmic power, Alibaba has built five core systems for intellectual property protection, and only assisted the online and offline linkage crackdown mode of rights holders and law enforcement agencies. In the past three years, it has assisted police in 31 provinces and 227 districts and counties across the country to arrest 4,439 suspects in making and selling counterfeits and destroy 4,289 counterfeits and selling dens. (E-commerce News)

　　2. Starting from September 1, the "Green Channel" policy will be implemented.

　　September 2nd news, recently, the Ministry of Transport and the Ministry of Agriculture and Rural Affairs issued the "Notice on the Resumption of Implementation of the "Green Channel" Policy for Transportation of Fresh Agricultural Products for Piglets and Fresh Porks".

　　The "Notice" points out that from September 1, 2019, the "green channel" policy for transporting fresh agricultural products will be resumed for vehicles that legally transport piglets and cold pork. At the same time, between September 1, 2019 and June 30, 2020, vehicles that legally transport breeding pigs and frozen pork will be exempted from vehicle tolls.

　　The "Notice" requires that transportation authorities at all levels should urge and guide to toll road management units to strictly implement policies, standardize vehicle inspection and management, and ensure that the legal transportation vehicles of the entire vehicle are free to pass. Local animal husbandry and veterinary departments should provide necessary support and assistance for the accurate identification of breeding pigs and frozen pork at highway toll stations.

　　In addition, the "Notice" emphasizes that local transportation authorities and agricultural and rural authorities should encourage relevant vehicles to install and use ETC vehicle-mounted devices to achieve fast passage without stopping as soon as possible, and further improve the efficiency of transportation of fresh agricultural products. (Ministry of Transport)

　　3. Shentong Express: Public issuance of corporate bonds not exceeding 2 billion yuan has been approved by the China Securities Regulatory Commission

　　On September 2, Shentong Express issued an announcement today stating that the company has received the "Approval on Approval of Shentong Express Co., Ltd.'s Public Issuance of Corporate Bonds to Qualified Investors" issued by the China Securities Regulatory Commission (Securities Supervision License [2019] No. 1527). According to the approval, the company was allowed to issue corporate bonds with a total face value of no more than RMB 2 billion to qualified investors. (E-commerce News)

　　4. BlueOcean Pay officially announced the strategic cooperation with China Youzan

　　On September 2, BlueOcean Pay officially announced that it had reached a strategic cooperation with China Youzan to complete the cross-border payment channel + WeChat mini-program SaaS system to meet the continuous consumption and shopping needs of Chinese tourists and overseas local residents, and jointly create a smart new retail for cross-border consumption scenarios. BlueOcean Pay is one of the aggregation payment platforms with a large amount of mobile payment in Hong Kong. It is also an official partner of WeChat Pay. It provides direct cross-border settlement of RMB to Hong Kong merchants. The payment settlement time only takes T+3 days. (36kr)

　　5. Tmall warehousing service partner Xinyi Technology stops listing guidance

　　On September 2, the Zhejiang Securities Regulatory Bureau announced a request from GF Securities to terminate the registration of listing guidance for Xinyi Technology Co., Ltd., and the two parties signed a counseling agreement in September 2017, and now the guidance is terminated due to the strategic development of Xinyi Technology. Xinyi Technology is a third-party e-commerce logistics supply chain enterprise, with e-commerce warehousing as the core, and provides all-round supply chain system solutions and supply chain system management services such as cross-border e-commerce and e-commerce agency operations. (E-commerce News)

　　Internet news

　　6. Xiaomi: It will buy back shares in the open market at a maximum total price of HK$12 billion

　　On September 3, Xiaomi Group issued an announcement stating that on September 2, 2019, the board of directors formally decided to exercise the share repurchase authorization to repurchase shares in the open market at the highest total price of HK$12 billion from time to time. The board of directors may further exercise the share purchase authorization based on market conditions. (Sina Finance)

　　7. Suning Supermarket’s 5th anniversary: ​​The starting point for the refinement of fast-moving consumer goods business

　　On September 2, Suning Supermarket will celebrate its 5th anniversary and launch a new "dual-line life" initiative, using online Suning Supermarket, offline Su Xiansheng, Suning Xiaodian, Su Xiansheng, Suning Red Kids and other multiple scenarios and all categories to provide users with a new online and offline dual experience. (Lianshang.com)

　　8. Light Media: Alibaba Venture Capital plans to reduce its holdings by no more than 2%

　　On September 2, Light Media issued an announcement stating that Alibaba Venture Capital, a shareholder holding 8.78% of the shares, plans to reduce its holdings by no more than 58.6722 million shares (2% of the company's total share capital) within six months after fifteen trading days. Among them, if the holding is reduced through centralized bidding, the total number of shares reduced within any 90 consecutive natural days shall not exceed 1% of the total number of shares of the company; if the holding is reduced through block transactions, the total number of shares reduced within any 90 consecutive natural days shall not exceed 2% of the total number of shares of the company. (Oriental Fortune Network)

　　9. Feng Xin, Feng, was arrested for bribery and embezzlement of office for non-state staff

　　On September 2, the Jing'an District Procuratorate recently approved the arrest of the suspect Feng Xin, the legal representative of the criminal storm Group Co., Ltd. for suspected bribery of non-state staff and embezzlement. The case is under further processing. Previously on July 28, Storm Group issued an announcement stating that Feng Xin, the actual controller of Storm Group, was taken compulsory measures by the public security organs for suspected crimes, and the relevant matters are still to be investigated by the public security organs. (Sina Finance)

　　Cross-border newsletter

　　10. The United States plans to withdraw from UPU next month, and cross-border mail delivery may be greatly disturbed

　　September 2 news: eBay, which relies heavily on cross-border trade, warned sellers that if the United States exits the Universal Postal Union (UPU) next month, it may disrupt international mail delivery. It is understood that the UPU is composed of members from 192 countries, including the United States.

　　It is understood that in 2018, President Trump issued an ultimatum to ask UPU to change this system, and many small online sellers in the United States are positive about the move. Because for foreign shippers (especially Chinese sellers), mailing small items to American buyers is lower than the delivery cost in the United States.

　　USPS said in June this year that UPU's small-packet rate system has caused economic distortion, allowing foreign sellers to ship to US buyers at prices lower than US postage. Whether the United States remains a UPU member or not, it will continue to engage in international mail business. It also noted that one of its proposals would allow the United States to continue to remain within the UPU system and would impose self-declared rates for small packages in 2020.

　　eBay said the government is now in a conflict process that could severely disrupt international sales of SMEs in the U.S. before the holiday. In October, the U.S. government threatened to withdraw from UPU, and the alliance included everything from setting international mail delivery rates to standardized customs forms. If the U.S. withdraws from UPU, eBay small business sellers who use USPS to ship overseas may face rising costs and service disruptions, and global mail delivery may even stop. (Hugo.com)

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