On-site at MYCE 2025 | RegTECH’s Global Expansion Yields Tangible Results, Commended by the Malaysian Ministry of Finance

The 2025 Malaysia Consumer Expo (MYCE 2025) was held in Kuala Lumpur.
From October 15 to 17, the 2025 Malaysia Consumer Expo (MYCE 2025) was held at the Malaysia International Trade and Exhibition Centre (MITEC) in Kuala Lumpur. Baiwang Cloud Overseas (Wuxi) Technology Co., Ltd., a subsidiary under RegTECH, was invited to participate as a representative of China’s digital technology enterprises. The company received high recognition from senior officials of the Malaysian government, injecting strong momentum into its continued expansion across Southeast Asia.
 
Themed “Smart Retail · Driving the Future,” the expo featured core zones dedicated to self-service vending, unmanned retail, retail technology, and digital payment, covering the entire value chain from front-end consumer engagement to back-end supply chain management. Over 170 exhibitors from Malaysia, China, South Korea, and ASEAN countries participated, joined by more than 2,800 international buyers and industry decision-makers.
 
Baiwang Cloud Overseas’s strong debut at MYCE 2025 marks a new stage for the overseas business invested in by Baiwang, characterized by “product recognition” and “deep collaboration.”Positioning Malaysia as a critical hub, Baiwang Cloud Overseas is deeply involved in building digital infrastructure across Southeast Asia, co-creating an intelligent and connected future with global partners.
 
Currently, Baiwang Cloud Overseas operates in over 20 countries and has secured multiple national-level digital governance projects across the Middle East, Africa, Southeast Asia, and Latin America. Malaysia serves as the first landing point for the joint rollout of Baiwang’s and Baiwang Cloud Overseas’ global initiatives in digital governance and enterprise tax compliance, representing a major achievement in Baiwang’s international investment strategy and a significant milestone in its global business expansion.
 
 

Strong Endorsement from the Malaysian Government: Highest-level Recognition of Overseas Capability

During the opening ceremony, Deputy Minister of Finance Lim Hui Ying delivered the keynote address. While touring the exhibition, she visited Baiwang’s booth and remarked:“Malaysia is fully implementing electronic invoicing to ensure tax compliance, increase the tax-to-GDP ratio, and enhance fiscal resilience. With its technological expertise and extensive experience, Baiwang is well positioned to become a key strategic partner in supporting Malaysia’s e-invoicing rollout and digital transformation, sharing in the economic and trade hub opportunities of the ‘Madani Malaysia’ initiative.”
 
 
This statement from Malaysia’s top fiscal authority represents the highest level of government endorsement for Baiwang’s strategic presence in the Malaysian market. It reflects the government’s strong trust in Baiwang’s technological advancement and cross-border experience, while also signaling the alignment of Baiwang’s e-invoicing and compliance solutions with Malaysia’s national digitalization strategy—a market with vast potential.
Taking advantage of this policy momentum, Baiwang’s booth became one of the most visited in the exhibition hall, drawing continuous attention from potential partners across Malaysia and the wider Southeast Asian region. The Baiwang team presented end-to-end e-invoicing solutions developed from practical experience with 28 million enterprises in China, sparking significant interest and resulting in multiple cooperation agreements, some already entering substantive negotiation stages.

Accelerating the Southeast Asia Strategy: Tapping into the Digital Blue Ocean

In 2024, Malaysia issued approximately 200 million e-invoices, a figure projected to quadruple by 2035. The Malaysian government has released a clear timeline mandating that all businesses—including B2B, B2C, and B2G transactions—must comply with national e-invoicing regulations.
With extensive implementation experience in China and a comprehensive compliance solution portfolio, Baiwang is uniquely positioned to capture this fast-growing market. As a pioneer of China’s digital technology globalization, Baiwang helps Malaysian enterprises reduce compliance and onboarding costs, achieve process automation, shorten payment cycles, and enhance data security—directly addressing the key operational challenges faced by local businesses.
Adhering to a “localization-first” execution strategy, Baiwang has established a dedicated regional service team and completed localized product adaptation and compliance certification tailored to Malaysia’s market and regulatory environment, providing end-to-end digital transformation services for local enterprises. 

The breakthrough in Malaysia marks an important milestone in Baiwang’s Southeast Asian expansion. According to
“Southeast Asia is one of the fastest-growing digital economies in the world. Malaysia, as a core ASEAN market, holds strategic importance. Moving forward, Baiwang will continue to strengthen investment through Baiwang Cloud Overseas, deepening cooperation with local governments and enterprises. We aim to establish Malaysia as a benchmark for Chinese technology companies going global and to share the dividends of digital economic development with our partners.”
Mr. Yang Zhengdao, Co-founder, Chairman, and CEO of Baiwang Cloud Overseas, added:“Backed by Baiwang’s forward-looking global vision and precise strategic planning, we have gained strong capital momentum in overseas markets. In just ten months, Baiwang Cloud Overseas has secured over RMB 100 million in global contracts. Leveraging the synergy between Baiwang’s strengths in digital governance, enterprise tax compliance, and inclusive finance, along with our forthcoming major project signings, we expect rapid business growth and sustainable profitability.”
 
With government endorsement and proven success in Malaysia, Baiwang is now actively replicating its digital governance and e-invoicing expertise across other Southeast Asian nations. Malaysia’s success is only a microcosm of Baiwang’s global strategy. Expansion into Indonesia, Singapore, Vietnam, and other emerging markets is already underway, bringing China’s validated digital transformation capabilities to more Belt and Road countries, empowering global partners to embrace the future of intelligent compliance and fiscal modernization.
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