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PAAT settles in Xiangxiang

Updated: 2018-08-17

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The people’s government of Xiangxiang signs an agreement with Shanghai Pudao financial consulting company Limited (PAAT) on August 16, 2018. [Photo/xiangxiang.gov.cn]

The people’s government of Xiangxiang held a signing ceremony cementing cooperation with Shanghai Pudao financial consulting company Limited (PAAT) on August 16. 

PAAT will register its first Hunan wholly owned subsidiary in Xiangxiang and introduce companies meeting Xiangxiang’s requirements.

Hou Ai’ping, vice mayor of Xiangxiang, signed an agreement with Xu Jiejie, investment invitation director of PAAT at the signing ceremony.

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Hou Ai’ping, vice mayor of Xiangxiang and Xu Jiejie, investment invitation director of PAAT, sign the agreement on August 16, 2018. [Photo/xiangxiang.gov.cn]

The government is prepared to arrange designated persons to offer efficient services and strengthen supervision of registration of companies. It hopes that PAAT will make full use of its resources to energize the economic development of Xiangxiang. 

PAAT is a business service provider offering a one-stop service, full lifecycle service and whole value chains for medium and small companies in the country. It has operated for over ten years, and won more than 50 million yuan ($ 7.24 million) investment from International Data Group (IDG) and Meridian Capital in 2015 and 2016.