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SASSEUR Signs Agreement with Multiple Financial Institution at CCISF

Published:2017-07-12

The 20th China Chongqing Investment and Sourcing Fair was held in Chongqing on June 22nd, At the opening ceremony, SASSEUR Group signed Strategic Memorandum of Cooperation with multiple financial institution including DBS China,ICBC Chongqing, Bank of China Chongqing, Ping An Bank Chongqing and Chongqing Bank.



Under the memo, SASSEUR Group will carry out a comprehensive strategic cooperation with the above financial institutions in six aspects including credit services, account deposits and cash management services, global market business services, trade finance and cash management and other financial business advisory services, development of new financial products and coordination of foreign parent companies and affiliated institutions.



SASSEUR is a leading company in Chinese outlet industry. With nearly 30 years' immersion in international commerce, SASSEUR introduced the "Modern Commerce + Scarce Ecosystem + Regional Culture" Art Commerce mode with the core operation ideas of "Art, Tech and Brand". The original "SASSEUR Outlets" aims at creating the “1+N” offline social eco system with outlet malls as the base, building social contents around themes like fitness, entertainment and culture. SASSEUR Group runs 6 malls across China with a total investment of 20 billion Yuan and an annual sales revenue of over 6 billion Yuan.


According to the data from some survey agency, by 2030, China's middle class consumers will reach 326 million, Within ten years China will become the world's largest outlet mall market. As the world's middle class consumers favored way of shopping, SASSEUR Outlets not only has a strong resistance to regular business circle, but also boasts a high rate of growth. Over the past decade, the average annual growth rate of SASSEUR Group is more than 40%.


As a leading company in the Chinese market, SASSEUR cultivated its unique company IP. Its management team is a group of professionals decorated with various awards.


SASSEUR innovatively segmented the outlet mall market and attracts middle class consumers with lifestyle contents like children’s park, sports hall, super farm etc.


Along the way of its development, SASSEUR has attracted the interest from world renowned investors like L Catterton Asia and Ping An Real Estate.


SASSEUR signs investment agreement with L Catterton Asia and Ping An Real Estate


The signing of these cooperation memos will doubtlessly bring more momentum to the company, SASSEUR will continue to lead the innovation of Chinese business in the future.


Address: No. 158 South Wulumuqi Road, Xuhui District, Shanghai
Tel 021 -64516699 
Email: sasseur@sasseur.com