Platform companies mainly refer to companies whose demanders and suppliers are B-end enterprises, not end consumers. The business system of a platform company must have at least three participants, namely, the platform side, the demander and the supplier. Platform company is a company that provides free basic services by building a platform for information production, browsing and interaction, and takes value-added services and advertisements as its revenue points.
Platform companies generally refer to financing platform companies, typically local government financing platform companies. Local government financing platform company refers to an economic entity with independent legal personality established by local government and its departments and institutions through financial allocation or injection of assets such as land and equity, and undertakes the financing function of government investment projects.