Leeyu Tang Daiping Joins the Chongqing Delegation to Russia to Jointly Explore New Opportunities in Digital Trade

 On April 3, 2026, Tang Daiping, General Manager of Chongqing Liyu Precision Technology Co., Ltd. (hereinafter referred to as "Liyu Precision," with the international brand "Leeyu"), arrived in Russia as part of a delegation led by the Chongqing Cross-Border E-Commerce Association. This visit marked the beginning of a multi-day inspection and exchange tour. Today, the delegation focused its visits on the Russian financial and tax consultancy firm "Belerui" and a prominent Russian digital trade platform. They engaged in in-depth discussions regarding topics such as cross-border financial and tax compliance, as well as the construction of digital trade ecosystems, thereby injecting new momentum into China-Russia cross-border e-commerce cooperation.

"While Liyu Precision's 'Leeyu' brand has already obtained numerous international certifications, achieving localized compliance within the Russian market remains a key priority," stated Tang Daiping. "The 'integrated legal and tax' services provided by Belerui—ranging from contract review and tax filing to dispute resolution—enable us to mitigate potential risks. This is particularly crucial regarding the handling of legal documentation and communication during overseas tax audits, a capability that is vital for our expansion into emerging markets."

During discussions with the Russian digital trade platform, the delegation delved into the platform's operational regulations and its support policies for sellers. As a pivotal digital trade conduit connecting China and Russia, the platform currently hosts over 500,000 Chinese sellers, boasts an annual transaction volume exceeding US$12 billion, and reaches more than 90% of consumers across Russian-speaking regions. A platform representative explained that Chinese manufacturers can rapidly enter the market thanks to low-barrier entry policies; notably, conversion rates within categories such as light industrial goods, 3C electronics, and home furnishings are 22% higher than the industry average.

"Leeyu's product lineup—including high-precision pneumatic nail guns and smart fasteners—has already gained significant recognition in the Southeast Asian market, and Russia is the next key region where we intend to strategically focus our expansion," revealed Tang Daiping. "The localized services offered by the platform—such as Russian-language label generation, assistance with EAC certification, and logistics integration via the FBS (Fulfillment by Seller) warehouse network—will allow us to substantially reduce our operational costs." Data indicates that sellers utilizing the platform's FBS warehouse services have seen their costs associated with reverse logistics (returns) drop from 11% to 6%, while the risk of incurring customs clearance demurrage penalties has been reduced to virtually zero.

This inspection tour was organized and spearheaded by the Chongqing Cross-Border E-Commerce Association, with the aim of assisting Chongqing-based enterprises in establishing deep-seated connections with market resources in Russia. The Association’s Executive President stated: "Russia’s digital economy is developing rapidly, boasting an internet penetration rate of 90% and well-established infrastructure for online payments and cross-border e-commerce. Through collaborations with institutions such as Beilairui Finance & Tax and various digital trade platforms, we provide Chongqing-based enterprises with a comprehensive suite of services—ranging from financial and tax compliance to market expansion."

As a leading manufacturer of precision tools in China’s Southwest region, Liyu Precision has, in recent years, driven its growth through a "dual-engine" strategy of technological innovation and global brand expansion; its business operations now span over 30 countries and regions. In 2025, the Leeyu brand unveiled its high-precision pneumatic nail guns and intelligent fastening solutions at the Guangzhou Sourcing Fair (GSF), securing multiple partnership agreements on the spot. Furthermore, leveraging resources provided by the Chongqing Cross-border E-commerce Association, the company participated in six international trade shows—including the International Hardware Fair Cologne (Germany) and the Indonesia Building Materials Exhibition—resulting in a 40% year-on-year increase in order volume.

"Our recent visit to Russia not only allowed us to gain valuable insights into localized operational strategies but also bolstered our confidence in pursuing digital-driven global expansion," remarked Tang Daiping. "Moving forward, Leeyu intends to deepen its collaboration with partners such as the Chongqing Cross-border E-commerce Association and Beilairui Finance & Tax. We plan to establish a forward-deployed service center in Russia to offer a '48-hour spare parts delivery' service. Concurrently, by leveraging our independent website on the Yandex platform and a comprehensive social media matrix, we aim to create 'viral content' that establishes a closed-loop ecosystem, effectively converting web traffic into actual sales."

As digital economic cooperation between China and Russia accelerates into the fast lane, Liyu Precision’s global expansion strategy is entering a new phase. This recent visit and exchange initiative serves not only as a practical case study for Chongqing-based enterprises seeking to penetrate Russian-speaking markets but also contributes "Chongqing wisdom" to the collaborative effort of building a robust cross-border digital trade ecosystem between China and Russia.