Accumulus GBA Technology (Hongkong) Co., Ltd., incorporated in September 2022, is the exclusive headquarters for outbound business under Yunzhanghu Technology (China) Co., Ltd. Having obtained necessary licences from the Securities and Futures Commission of Hong Kong (SFC) last December, we are exploring the myriad possibilities of Web 3.0 through Accumulus, our virtual asset trading platform.
We adopt a risk-based business approach. We fully comply with all applicable regulatory requirements, including on AML, due diligence, sanction screening, transaction monitoring, etc., to minimise user and transaction risks, thus keeping trading safe and legitimate. With an outbound direct investment quota of 985 million yuan approved by China’s development and reform agencies, our parent company supports our maintenance of sufficient liquid assets, ensuring coverage of at least 12 months of operational expenses at all times—a solid financial basis for our commitment to long-term presence. To safeguard client assets from cyber threats, we keep at least 98% of client virtual assets in air-gapped cold wallets, with seeds and private keys also in secure local storage.
We are equipped with skilled manpower and strong hardware. Our team in Hong Kong is led by licensed responsible officers (ROs) and managers-in-charge (MICs), all of whom are financial professionals with years of experience in licensed trading platforms. Our office occupies the entire 62nd floor of the Bank of China Tower, complete with the required off-limit, high-security vault room and server room. As a licensed trust or company service provider (TCSP), our wholly owned subsidiary has self-developed hot and cold wallets in place for the independent storage of client assets, eliminating the inherent uncertainty associated with third-party custodians. Moreover, we have also purchased client asset insurance as an overall compensation scheme for the various risks threatening the safekeeping of virtual assets.
We are committed to innovation in the service of the nation. Believing that investing in China is investing in the future, we combine our access to Mainland resources with our trading platform to open up new channels for investing in China. By allowing global players to share in the country’s ongoing growth, our innovative solutions will contribute to China’s real economy and high-standard opening-up. For example, we may help Chinese companies in emerging industries (e.g., renewable energy and smart manufacturing) raise funds by facilitating tokenisation projects of related real-world assets. On the other hand, through stablecoins and other Web 3.0 applications, we hope to facilitate the global flow of talent and capital into China, thereby championing the country’s increased openness to the world.
Accumulus GBA Technology (Hongkong) Co., Ltd., incorporated in September 2022, is the exclusive headquarters for outbound business under Yunzhanghu Technology (China) Co., Ltd. Having obtained necessary licences from the Securities and Futures Commission of Hong Kong (SFC) last December, we are exploring the myriad possibilities of Web 3.0 through Accumulus, our virtual asset trading platform.
We adopt a risk-based business approach. We fully comply with all applicable regulatory requirements, including on AML, due diligence, sanction screening, transaction monitoring, etc., to minimise user and transaction risks, thus keeping trading safe and legitimate. With an outbound direct investment quota of 985 million yuan approved by China’s development and reform agencies, our parent company supports our maintenance of sufficient liquid assets, ensuring coverage of at least 12 months of operational expenses at all times—a solid financial basis for our commitment to long-term presence. To safeguard client assets from cyber threats, we keep at least 98% of client virtual assets in air-gapped cold wallets, with seeds and private keys also in secure local storage.
We are equipped with skilled manpower and strong hardware. Our team in Hong Kong is led by licensed responsible officers (ROs) and managers-in-charge (MICs), all of whom are financial professionals with years of experience in licensed trading platforms. Our office occupies the entire 62nd floor of the Bank of China Tower, complete with the required off-limit, high-security vault room and server room. As a licensed trust or company service provider (TCSP), our wholly owned subsidiary has self-developed hot and cold wallets in place for the independent storage of client assets, eliminating the inherent uncertainty associated with third-party custodians. Moreover, we have also purchased client asset insurance as an overall compensation scheme for the various risks threatening the safekeeping of virtual assets.
We are committed to innovation in the service of the nation. Believing that investing in China is investing in the future, we combine our access to Mainland resources with our trading platform to open up new channels for investing in China. By allowing global players to share in the country’s ongoing growth, our innovative solutions will contribute to China’s real economy and high-standard opening-up. For example, we may help Chinese companies in emerging industries (e.g., renewable energy and smart manufacturing) raise funds by facilitating tokenisation projects of related real-world assets. On the other hand, through stablecoins and other Web 3.0 applications, we hope to facilitate the global flow of talent and capital into China, thereby championing the country’s increased openness to the world.
Yunzhanghu Technology (China) Co., Ltd., our parent company, was founded in Tianjin in 2013. Since launching its online flexible employment services in 2016, it has quickly grown into an industry leader. Today, having enjoyed the largest market share for eight consecutive years, it supplies over 110 million freelancers from 139 countries and regions with services including task distribution, benefits and social security, as well as legal and tax support. In 2024, the company generated over 120 billion yuan in revenue and paid 7.8 billion yuan in taxes, ranking 237th among China’s top 500 companies. In terms of tax contributions, it topped all private enterprises and secured second place among all types of enterprises in Tianjin. Its chairman, YANG Hui, is a member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC).
Pioneer an innovative business model to serve the digital economy. Seizing the opportunity brought by the digital economy and big data to improve production and people’s lives, the company responded to the common demands of over 200 million freelancers in China and 300 million worldwide. For the first time, Chinese freelancers and employers in need were efficiently linked in more than 60 sectors across 14 industries, from video production to online marketing, allowing millions to find employment and hope for a better tomorrow.For 4 consecutive years, the company has seen monthly user increments of over 1 million.
Contribute to rule of law by supporting legal research. Finding some loopholes and ambiguities in digital economy legislations, the company has participated in seven annual research projects set up by China’s two top judicial organs, the Supreme People’s Court (SPC) and the Supreme People’s Procuratorate (SPP), in four consecutive years since 2021. In four of those projects, it was the only business entity entrusted. Several such studies were rated “outstanding” at conclusion. Notably, in a 2021 project co-hosted with Tianjin High People’s Court, Research on the Legal Relationship between Practitioners and Platform Operators in Platform Economy Model, Yunzhanghu introduced a concept known as “algorithmic subordination” and supported the SPC in issuing judicial interpretations on related subjects.
Advise government to foster well-regulated growth of industry. Over the years, serving millions worldwide and doing legal research have given the company a unique insight into the industry’s future development. It has submitted nearly 300 reports on flexible employment situations to some of China’s highest authorities, including the General Office of the State Council, the General Office of the Central Financial Commission, and the National Development and Reform Commission. These reports voice industry players’ general concerns and put forward proposals that help address them. For example, after receiving such proposals from YANG Hui at the 2023 and 2024 Two Sessions (National People’s Congress and the CPPCC), the SCP made public replies following consultations with several national ministries and departments, which provided much-needed guidance for law enforcement on key industry challenges. What’s more, Zhao Leji, chairman of the National People’s Congress (NPC) Standing Committee, visited the company in January 2024 to gain insights into how the local legislative outreach office there was gathering public input for more demographic legislation in the sector.
Seek the people’s welfare, obtaining official approval. Through its digital economy platform, the company connects freelancers of all stripes with suitable employers across continents and in an instant. These include over 27 million workers who are from former registered poor counties in China, as well as some key groups in the labour force, such as university graduates and young seniors, who benefit from the additional job opportunities and often find them better than those traditionally available. As the nation’s largest employment facilitator, the company’s contributions have been acknowledged by both local and national regulators. It has hosted over 100 visits by officials at provincial/ministerial or higher levels seeking to understand how those key labourers are faring in the job market.
Yunzhanghu Technology (China) Co., Ltd., our parent company, was founded in Tianjin in 2013. Since launching its online flexible employment services in 2016, it has quickly grown into an industry leader. Today, having enjoyed the largest market share for eight consecutive years, it supplies over 110 million freelancers from 139 countries and regions with services including task distribution, benefits and social security, as well as legal and tax support. In 2024, the company generated over 120 billion yuan in revenue and paid 7.8 billion yuan in taxes, ranking 237th among China’s top 500 companies. In terms of tax contributions, it topped all private enterprises and secured second place among all types of enterprises in Tianjin. Its chairman, YANG Hui, is a member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC).
Pioneer an innovative business model to serve the digital economy. Seizing the opportunity brought by the digital economy and big data to improve production and people’s lives, the company responded to the common demands of over 200 million freelancers in China and 300 million worldwide. For the first time, Chinese freelancers and employers in need were efficiently linked in more than 60 sectors across 14 industries, from video production to online marketing, allowing millions to find employment and hope for a better tomorrow.For 4 consecutive years, the company has seen monthly user increments of over 1 million.
Contribute to rule of law by supporting legal research. Finding some loopholes and ambiguities in digital economy legislations, the company has participated in seven annual research projects set up by China’s two top judicial organs, the Supreme People’s Court (SPC) and the Supreme People’s Procuratorate (SPP), in four consecutive years since 2021. In four of those projects, it was the only business entity entrusted. Several such studies were rated “outstanding” at conclusion. Notably, in a 2021 project co-hosted with Tianjin High People’s Court, Research on the Legal Relationship between Practitioners and Platform Operators in Platform Economy Model, Yunzhanghu introduced a concept known as “algorithmic subordination” and supported the SPC in issuing judicial interpretations on related subjects.
Advise government to foster well-regulated growth of industry. Over the years, serving millions worldwide and doing legal research have given the company a unique insight into the industry’s future development. It has submitted nearly 300 reports on flexible employment situations to some of China’s highest authorities, including the General Office of the State Council, the General Office of the Central Financial Commission, and the National Development and Reform Commission. These reports voice industry players’ general concerns and put forward proposals that help address them. For example, after receiving such proposals from YANG Hui at the 2023 and 2024 Two Sessions (National People’s Congress and the CPPCC), the SCP made public replies following consultations with several national ministries and departments, which provided much-needed guidance for law enforcement on key industry challenges. What’s more, Zhao Leji, chairman of the National People’s Congress (NPC) Standing Committee, visited the company in January 2024 to gain insights into how the local legislative outreach office there was gathering public input for more demographic legislation in the sector.
Seek the people’s welfare, obtaining official approval. Through its digital economy platform, the company connects freelancers of all stripes with suitable employers across continents and in an instant. These include over 27 million workers who are from former registered poor counties in China, as well as some key groups in the labour force, such as university graduates and young seniors, who benefit from the additional job opportunities and often find them better than those traditionally available. As the nation’s largest employment facilitator, the company’s contributions have been acknowledged by both local and national regulators. It has hosted over 100 visits by officials at provincial/ministerial or higher levels seeking to understand how those key labourers are faring in the job market.
