Recently, Tongjiuwan Business Consulting (Shanghai) Co., Ltd. signed the Framework Agreement on Sino-Russian Cross-border Supply Chain Financial Services with Russia’s Lotus Financial Leasing Company. Led and facilitated by Shanghai Nuodi Law Firm, this cooperation precisely addresses financial challenges faced by Chinese enterprises expanding into Russia.

High financing costs in Russia have long restrained the growth of Sino-Russian trade. While China offers low-cost, flexible financial solutions, compliant cross-border capital circulation channels have long been lacking. The team of Shanghai Nuodi Law Firm customized a compliance solution, coordinated with Russian banks to issue performance bonds, and integrated full-spectrum cross-border settlement and supply chain financial services provided by Tongjiuwan. This establishes a compliant cross-border capital channel and effectively alleviates capital shortages on the Russian side.

Shanghai Nuodi Law Firm has long specialized in comprehensive legal support for Chinese enterprises operating in Russia, delivering full-spectrum risk prevention for cross-border business activities. This multi-party collaboration pioneers an innovative financial cooperation model, boosts in-depth development of Sino-Russian economic and trade ties, and sets a benchmark for cross-border legal services supporting Chinese enterprises trading with Russia.