Due to the COVID-19 outbreak, the majority of Small and Medium-sized Enterprises (“SMEs”) are facing serious challenges. The national and municipal government departments in charge of finance, tax and government finance have published a set of intensive policies to help enterprises at this difficult time. The most important concerns of SMEs are how to quickly understand and enjoy these incentive benefits? How to correctly overcome these difficulties they are facing and how to adjust their expectations? As well as how to quickly and efficiently enjoy the benefits of “contactless” tax and financial services offered by the governments?

As a listed company, JC Finance and Tax Interconnect data service Co., Ltd. initiatively launched the "Ark" Cloud Alliance Action plan. Relying on this online intelligence service platform, the plan intends to build an accurate channel for SMEs, provide targeted resources docking services and guide SMEs to enjoy industrial information, taxation and financial banking policies so as to alleviate their difficulties.  At the same time, it provides enterprises with free, convenient and more efficient online services in respect of finance and taxation, office administration, marketing and client acquisition, online delivery/service, management and other digital transformation empowerment. 

One of the initiators of “Ark” Cloud Alliance Action is Fang Xin Technology,  which was established in 1998 as a subsidiary of JC Interconnect. It has been committed to develop in the field of taxation and act as the tax service platform provider of tax filing under the real-name system and tax monitoring system of Chinese State Administration of Taxation (“SAT”). It is also a leading tax solution provider in e-tax filing system, offering its comprehensive services to thousands of enterprises in China.

Chung Rui Tax Group has participated in the “Ark” Cloud Alliance Action plan and organised 74 tax professionals from Beijing, Shanghai, Guangzhou, Chongqing, Tianjin, Hebei, Shandong, Sichuan, Hunan, Yunnan, Gansu, Qinghai, Xinjiang, Tibet, etc., 14 provinces and cities in total, to provide tax consulting services. Through this online platform, we have promoted and interpreted tax policies accurately, delivered trainings and hosted hotline services.

We are taking actions through the “Ark” Cloud Alliance Action. Supported by various national policies, with the help of the platform provided by high-tech enterprises such as JC Interconnect and Fang Xin Technology, and in assistance of excellent tax professionals of Chung Rui Tax Group, SMEs can finally navigate through these difficulties.