Southeast Asia Vending Machines & Retail Industry Expo 2025
Southeast Asia Retail Technology & Supermarket Equipment Expo 2025
Malaysia Date：October 15 - 17, 2025 ( MITEC,Kuala Lumpur ,Malaysia )

Baiwang Global Co., Ltd.

百望云海外（无锡）科技有限公司

Baiwang Global Co., Ltd. is an independent subsidiary of Baiwang Co., Ltd. (6657.HK) and serves as the core platform for the company’s international operations. Headquartered in Beijing, it is also a global leader in digital regulatory technology and intelligent governance solutions.

Leveraging its AInvoiceX platform, powered by advanced AI technologies, Baiwang Global delivers comprehensive e-invoicing terminal products that support multi-device usage scenarios. These solutions help SMEs streamline invoice management, simplify compliance processes, and reduce operational costs.

Baiwang Global has established a strong presence across Southeast Asia, with operations spanning Indonesia, Malaysia, Laos, Thailand, and Vietnam, providing efficient e-invoicing solutions for local governments and enterprises. In addition, the company is expanding actively into the FinTech sector, offering customer acquisition and risk control solutions based on enterprise credit and data analytics—driving financial inclusion and empowering global clients in their digital transformation.

Digital Government Solutions:

Provide digital tax, social security, and medical insurance solutions that empower governments to upgrade their digital governance capabilities, enhance administrative efficiency, improve citizen service experiences, and promote more convenient and precise public services.

E-Invoicing Solutions:
Offer comprehensive e-invoicing and AI-powered invoicing terminal products that support multi-device scenarios. These solutions help SMEs simplify compliance processes, significantly reduce compliance costs, and enable businesses to focus on their core operations.

FinTech Solutions:
Develop targeted customer acquisition and risk control solutions that leverage technology to identify potential clients and manage business risks. These solutions help financial institutions improve customer acquisition quality, ensure stable operations, and achieve sustainable growth efficiently.

· 2015: Baiwang was founded, starting from zero. We are a key contributor to China’s “Business Tax → VAT” reform, winning multiple projects to help roll out tax control systems across major banks and government tax systems.

· 2016: The Baiwang Cloud Platform 1.0 was officially launched and integrated with Alibaba’s e-commerce platform, providing online e-invoicing SaaS services and successfully becoming the official service provider for Tmall. 

· 2017: Launched the Baiwang Cloud e-Invoicing Platform built on an internet-based architecture and developed hybrid cloud solutions for multiple industries and scenarios. In the same year, Baiwang secured Series A funding from Alibaba and Fosun, accelerating its business expansion.

· 2018: The company’s revenue exceeded RMB 300 million and, with its strong industry influence, was recognized as one of China’s “Unicorn Enterprises.”

· 2019: Launched the Baiwang Cloud Platform 3.0 and established the FinTech Division. Formed partnerships with over 100 financial institutions across China to provide financing services for SMEs, with the company’s valuation exceeding USD 1 billion.

· 2020: Baiwang ranked first in customer satisfaction for e-invoicing in the CCID Consulting China IT User Satisfaction Survey and received Series B investment from Shenzhen Capital Group, Oriental Fortune Capital, and the SME Development Fund.

· 2021: Baiwang successfully won the bid for the State Taxation Administration’s VAT 2.0 System Project and simultaneously launched the Baiwang Blockchain Platform, earning authoritative recognition for its technological innovation.

· 2023: Baiwang won the bid for the State Taxation Administration’s Golden Tax Phase IV e-Invoicing Platform Project, ranked first in e-invoicing service user satisfaction for the fifth time, and was named one of China’s “Unicorn Enterprises” for the sixth consecutive year.

· 2024：Baiwang was officially listed on the Hong Kong Stock Exchange (stock code: 06657) with a market capitalization of HKD 8 billion. The company also announced its global expansion strategy by establishing a regional center in Argentina, marking the beginning of its international journey.

2025：Baiwang’s international business was seperated into an independent entity and raised tens of millions of dollars in funding. The company introduced a global e-invoicing platform and established regional centers across the Middle East, Latin America, and Southeast Asia, advancing its worldwide expansion.

Add：No. 81, Beiqing Road,16-18F, Haidian District, Beijing, China

Email：bwglobal@baiwang.global