Deloitte China acquires core assets of Hengqin Blulanic Technology Services Company Limited
Published: 2 June 2021
- Enhance Deloitte China's customs digitalization service capability
- Help further expand Deloitte China's leading position in the customs and global trade services markets
Deloitte China announced today the completion of acquisition of the assets of Hengqin Blulanic Technology Services Company Limited (hereinafter " Blulanic Technology"), a holistic one-stop solution service provider for customs supervision areas. The key assets involved in this deal include selected backlog contracts and intellectual property (IP) of Blulanic Technology. And we have also taken in its core professional talents.
Blulanic Technology is a well-recognized information technology and consulting company with a broad client base focusing on special customs supervision areas, cross-border e-commerce comprehensive experimental zones, and foreign trade public services platform informatization. Its core team have more than 10 years of professional service experience in the related industry. Leveraging its technical strength and extensive knowledge and experience in the customs industry, Blulanic Technology provides comprehensive and serial professional informatization products and solutions to meet clients' needs constantly. Meanwhile, it also owns proprietary IP rights to a number of proprietary software and technological achievements. This acquisition will help Deloitte China enhance its customs digitalization service capability, further improve its client service experience, and expand its leading position in the customs and global trade services markets.
"With the deepening development of China's strategy to expand domestic demand and the increasing number of pilot free trade zones, Deloitte China is confident about the rapid growth of China's cross-border trade and other related markets in the future, and fully prepared for the exponential growth in the demand for related services. This deal will best utilize strength from both Deloitte China and Blulanic Technology, offering clients in the related markets one-stop service experience that addresses industry characteristics and professional needs with knowledge and technological support. This helps Deloitte China further expand its leading position in the customs service market and actively respond to the new market development pattern as the country prioritizes internal circulation. In addition, it will also enhance our capability in serving top local enterprises and demonstrate Deloitte China's determination in serving the country with expertise," said Deloitte China National Indirect Tax Leader Lily Li.
The core team from Blulanic Technology joining Deloitte China this time comprises top talents with more than 10 years of customs digitalization service experience, equipped with design consultation, implementation, business support capability and integration experience. They have successfully delivered a number of integrated solutions covering various park feasibility study, declaration, planning, project construction and independent customs operations.
"Deloitte China is an ideal partner for Blulanic Technology to drive and realize its vision. We are looking forward to working with Deloitte China's professional elites. Leveraging Deloitte China's abundant resources and global network, we believe we will be able to develop business solutions with greater value and competitiveness, offer all-dimensional one-stop professional services to our clients, and lead the digital transformation. I sincerely hope that our joining hands together will bring greater achievements in the future," said Blulanic Technology CEO Yang Bo.