中石化国际事业上海有限公司

What 中石化国际事业上海有限公司 does

中石化国际事业上海有限公司 is a privately held, wholly-owned subsidiary within the Sinopec Group (中国石化集团 / China Petroleum & Chemical Corporation) that operates the EPEC (易派客) B2B industrial e-commerce and procurement platform. The platform connects industrial buyers and suppliers across 96 industry verticals including steel, valves, MRO, electrical materials, lighting, geothermal, industrial automotive, foreign trade, and new energy, serving over 10,000 industrial enterprises. The company is headquartered in Shanghai but operates its primary digital platform through its affiliated operating entity 易派客电子商务有限公司 (EPEC Electronic Commerce Co., Ltd.), founded in 2016 and registered in Beijing.

The EPEC platform is built as an integrated B2B marketplace combining online procurement (在线商城), electronic bidding and tendering (电子招标投标), inquiry-based sourcing (询价寻源), and enterprise digital supply chain solutions. Core technology includes SaaS-based logistics management (易派客物流云平台) with GPS-based execution tracking, a proprietary standards system (易派客标准 / EPEC Standards) encompassing legal entity credit certification (法人信用认证), product quality evaluation (产品质量评价 / EQE), dynamic performance evaluation (履约动态考评), and market performance assessment (市场业绩表现). The platform supports multilingual interfaces in Chinese, English, Russian, and Spanish to serve global industrial suppliers.

EPEC generates revenue through multiple streams: (1) transaction and service fees on platform-mediated procurement and bidding activities; (2) recurring subscription fees for credit certification (15,400 yuan first year, 1,000 yuan annual tracking) and product quality evaluations; (3) insurance marketplace commissions through subsidiary 易保险商城; (4) logistics service fees through subsidiary 易物流; and (5) corporate travel commissions through 易派客商旅. The company has built out an ecosystem of wholly-owned subsidiaries covering factoring (易保理), receivables financing (易权通), payment processing (易支付), authentication (易认证), auctions of surplus materials (易竞拍), emergency procurement (易应急), and industrial exhibitions (易派客会展), creating a full-stack procurement-to-payment-to-finance value chain primarily serving Sinopec's internal procurement needs and external industrial suppliers.

Name

中石化国际事业上海有限公司

Legal name

易派客电子商务有限公司

Website

https://epec.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Sinopec Group's wholly-owned subsidiary operating EPEC (易派客), a B2B e-commerce procurement platform serving 10,000+ industrial enterprises across 96 industries with integrated marketplace, bidding, logistics, financial, and certification services.

Ownership category

akta.pro rank

Headquarters

HQ city

上海市, 上海市

HQ country

China

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Platform Transaction Services: B2B e-commerce platform charges transaction service fees for procurement and sales transactions conducted through the platform, including bidding and tendering services.
2. Certification and Evaluation Services: Legal entity credit certification (15400 yuan for first year, 1000 yuan per year for tracking) and product quality evaluation (EQE) services with fees for manufacturers.
3. Logistics Services: Logistics platform connecting shippers with logistics companies, providing domestic and international freight services.
4. Insurance Services: Insurance mall offering bid bond insurance, vehicle insurance, and other commercial insurance products.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

The company operates the EPEC (易派客) B2B e-commerce platform serving as Sinopec Group's dedicated industrial procurement ecosystem. EPEC connects suppliers and buyers across 96 industrial categories through an online marketplace, electronic bidding and tendering, inquiry-based sourcing, and enterprise digital procurement solutions. The platform integrates logistics (易物流), financial services (易保理, 易权通, 易支付), insurance (易保险商城), corporate travel (易派客商旅), auction (易竞拍), and certification services (法人信用认证, 产品质量评价/EQE, 履约动态考评, 市场业绩表现) under the EPEC Standards framework.

Product overview

易派客(EPEC) is a comprehensive B2B e-commerce procurement platform and industrial marketplace operated by Sinopec's e-commerce subsidiary, structured as a unified platform with multiple integrated service modules. The core platform (易派客) provides an online marketplace for general and specialized industrial product categories (钢铁, 阀门, MRO, 电工材料, 照明电器, 地热, 海外资源, 工业汽车, 新能源等采购专区), alongside procurement tools for招标投标, 询价寻源, and enterprise digital supply chain solutions. Financial services are embedded through 财务支付, 易保理, 易权通, and the易保险商城. Logistics needs are served via 易物流 (including its SaaS-based物流云平台), and corporate travel is managed through 易派客商旅. Additional services include 易竞拍, 易应急, EC业务平台, 电子招标投标平台, and specialized procurement bases. The platform also operates a comprehensive standards ecosystem (易派客标准体系) encompassing 法人信用认证, 产品质量评价(EQE), 履约动态考评, and 市场业绩表现, providing multi-dimensional evaluation of platform participants.

Differentiator

Problem solved

Functional benefit

Brands

• 易派客: Main B2B e-commerce platform brand for Sinopec's industrial procurement ecosystem, providing online marketplace, sourcing, bidding, and tendering services.
• EPEC
• 易保理
• 易权通
• 易支付
• 易认证
• 易保险
• 易物流
• 易派客商旅
• 易标准
• 易竞拍
• 易应急
• 易派客工业云

Products and services

• EPEC B2B E-commerce Platform (易派客EPEC) A comprehensive B2B e-commerce procurement platform offering online marketplace sourcing, bidding/tendering, inquiry-based procurement, and digital enterprise solutions for supply chain management. Targets industrial manufacturing enterprises, suppliers, and buyers across 96 industrial categories.
• Online Industrial Mall (在线商城) Online marketplace module for browsing and transacting industrial products across multiple specialized procurement zones including steel, valves, MRO supplies, electrical materials, lighting, labor protection, geothermal, industrial automotive, foreign trade, and new energy categories.
• Electronic Bidding and Tendering Platform (电子招标投标平台) Electronic bidding and tendering platform enabling online 招标 (tender publication) and 投标 (bid submission) processes for industrial procurement transactions conducted by enterprise buyers and suppliers.
• Enterprise Digital Procurement Solutions (企业数字化解决方案) Supply chain management consulting, digital procurement solutions, integration services, and the EPEC Industrial Cloud (易派客工业云) platform. Delivered to enterprise clients as consulting and integration engagements covering procurement transformation.
• Factoring Service (易保理) Working capital financing service providing factoring for platform participants engaged in B2B transactions on EPEC, supplied under the Sunshine Finance Zone (阳光产融专区).
• Rights Transfer Service (易权通) Rights management service for EPEC platform trade receivables, providing receivables-based financing for buyers and suppliers on the platform.
• Financial Payment Services (易支付/财务支付) Online payment solutions for EPEC platform transactions including 易派客支付 (bank-account-based payment co-provided with partner banks) and 网银直付 (direct bank payment via cooperating institutions).
• Insurance Marketplace (易保险商城) Online insurance mall offering bid bond insurance (from 200 yuan), vehicle insurance, and other commercial insurance products for EPEC platform participants.
• Logistics Service (易物流) and Logistics Cloud Platform (易派客物流云平台) Logistics management platform providing domestic and international freight forwarding, shipping order management, and a SaaS-based Transportation Management System with carrier resource management, operation planning/scheduling, GPS-based execution monitoring, and fleet/driver management.
• Corporate Business Travel Service (易派客商旅) Corporate business travel management platform offering travel policy controls, mobile/desktop approval workflows, automatic reconciliation, multi-dimensional reporting, and online booking/refund/exchange for enterprise clients.
• Online Auction Service (易竞拍) Online auction service for disposal of surplus and idle materials by enterprises operating on the EPEC ecosystem.
• Legal Entity Credit Certification (法人信用认证) Credit certification service evaluating basic qualifications, business performance, financial status, and credit records through independent third-party evaluation. Issues ratings from C to AAA; first-year certification fee 15,400 yuan, with 1,000 yuan annual tracking thereafter.
• Product Quality Evaluation - EQE (产品质量评价) Product quality evaluation system assessing corporate quality management capability, quality supervision, quality development, and physical product quality level. Issues ratings of AAA (excellent), B (good), or C (compliant); fees vary by product category.
• Emergency Procurement Service (易应急) Emergency procurement service for urgent industrial supply needs, enabling rapid sourcing of critical materials.

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators2 records

Emerging players

• OfBusiness: India-based B2B platform for industrial and construction materials procurement with embedded financing. Comparable emerging player combining marketplace and supply chain finance, similar to EPEC's integrated financial services approach.
• Moglix: India-based B2B industrial procurement platform serving manufacturing and industrial enterprises with marketplace and supply chain financing. Comparable emerging player focused on industrial procurement digitization with adjacent fintech integration, though geographically focused on India.

Direct peers

• JD Industrial (京东工业品): JD.com's B2B industrial procurement platform serving enterprise MRO and indirect spend categories. Directly comparable to EPEC's MRO zones and online marketplace, with strong logistics integration via JD Logistics.
• Made-in-China (焦点科技): B2B platform operated by Focus Technology focused on foreign trade and cross-border procurement, directly comparable to EPEC Global's overseas resource and foreign trade procurement zones.
• HC360 (慧聪网): Long-standing Chinese B2B industrial marketplace covering industrial products, MRO, and equipment. Directly competes with EPEC in industrial product categories and serves a similar SME buyer/supplier base in China.
• Alibaba 1688: Alibaba Group's domestic B2B wholesale marketplace serving Chinese industrial and consumer goods suppliers and buyers. Closest direct competitor to EPEC, with significantly larger supplier base and broader category coverage across industrial products.

Broad incumbents

• Coupa Software: Global B2B procurement and spend management platform offering supplier management, sourcing, and contract management. Operates as a SaaS incumbent in the broader enterprise procurement software category that EPEC's digital solutions compete against for enterprise digital procurement deals.
• ThomasNet: Established North American B2B industrial sourcing platform connecting industrial buyers with suppliers across MRO and OEM categories. Represents the international incumbents EPEC Global competes against for cross-border industrial sourcing.
• SAP Ariba: SAP's B2B procurement network and supply chain collaboration platform serving large global enterprises. Broader incumbent with established procurement technology suite that competes with EPEC's enterprise digital procurement solutions.

Regional players

• Suning B2B (苏宁B2B): Suning.com's B2B procurement platform focused on Chinese commercial buyers across industrial and consumer categories. Comparable regional B2B platform targeting enterprise procurement, though with broader consumer/retail emphasis than EPEC's industrial focus.

Market position

Strengths4 records

Weaknesses4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/%E4%B8%AD%E7%9F%B3%E5%8C%96%E5%9B%BD%E9%99%85%E4%BA%8B%E4%B8%9A%E4%B8%8A%E6%B5%B7%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 中石化国际事业上海有限公司