51Shebao

51Shebao, operating under the corporate umbrella of Beijing Zhonghe Group, is a technology-driven human resources service provider in China. The company was established to address the complexities of social security and other HR functions for businesses. Founded in 2007 by Yu Qingquan, the firm has positioned itself as a comprehensive service platform for enterprises. The parent company, Beijing Zhonghe Tianxia Management Consulting Co., Ltd., was legally established on December 29, 2010.

Specializing in Human Resources (HR) services, 51Shebao offers a one-stop, SaaS-based platform that handles social insurance processing, payroll management, benefits administration, business insurance, and tax services. Its business model revolves around charging service fees for these functions, which are designed to help enterprises manage their HR obligations more efficiently. The company serves a wide range of clients, from small and medium-sized enterprises to large corporations, and as of June 2020, it serviced over 36,000 enterprise customers. The platform supports various employment models, including standard, flexible, and special talent employment.

51Shebao's service is built on a direct operational model, eschewing intermediaries to maintain service quality across a network of over 109 branches in China's first and second-tier cities. The platform deeply integrates technologies like artificial intelligence and robotic process automation (RPA) to automate and streamline processes, enhancing efficiency and accuracy. The company has secured significant financial backing, raising a total of $28.5 million over four funding rounds, with its most recent Series C round in May 2017. This capital has supported its technological development and nationwide expansion.

Keywords: HR SaaS, social security services, payroll management, employee benefits, human resources outsourcing, B2B services, corporate compliance, China HR services, Zhonghe Group, Yu Qingquan, enterprise software, benefits administration, tax services, flexible employment, labor compliance, HR technology, robotic process automation in HR, PEO China, corporate services, employee insurance