ChinaNet Online adds approximately 56 new clients after a Shanghai Expo ChinaNet Online Holdings announced that its subsidiary - Liansuo.com - attended the 2012 Shanghai International Franchise Exhibition that took place in mid-September. Since the Exhibition, Liansuo.com has signed approximately 56 new clients, on a trial basis.
ChinaNet Online announces microcredit lending partnership with Shanghai Pudong ChinaNet Online announced that it has entered into a partnership with Shanghai Pudong Development Bank for a cooperation framework to launch a credit card and loan microcredit product for small enterprises and individual entrepreneurs including franchisees and chain store investors. A nationwide commercial bank with total assets of over RMB 3.96T as of September, 2014, SPD Bank and ChinaNet will cooperate to provide a safe, convenient, and transparent service for franchise businesses and entrepreneurs to help solve the difficulties of micro-lending for those often excluded from financial services. The new product is now in the design and finalization process, and will be officially launched by Q3.