In civil activities, the parties may agree to use or not use electronic signatures and data messages in contracts or other documents, vouchers and other documents.

A document in the form of electronic signature or data message agreed by the parties shall not be denied its legal effect just because it is in the form of electronic signature or data message.

The provisions of the preceding paragraph shall not apply to the following documents:

(a) involving marriage, adoption, inheritance and other personal relationships;

(two) involving the cessation of water supply, heating, gas supply and other public utilities services; ?

(3) Other circumstances in which electronic documents are not applicable as stipulated by laws and administrative regulations.

It can be seen that the application field of electronic contract is still very wide. With the acceleration of social informatization, more and more contract and document signing scenes are transferred from offline to online. The combination of reliable electronic signature and electronic contract has the function of reflecting the identity and signing intention of the signer.

Since the formal implementation of the Electronic Signature Law in 2005, China's electronic contracts have gone through five stages of development. In 20 19, the state issued a number of policies to encourage and support the development of electronic contracts.

One week after the Spring Festival in 2020, the demand for telecommuting and online learning increased, the average daily active users in the field of efficient office increased by nearly 40 million, and the K 12 increased by over 20 million. The outbreak of demand will promote the popularity of electronic contracts. After investigation, the penetration rate of electronic contracts in China was less than 3% in 20 19 years, and it is expected to increase to 5%~7% in 2022.

The data of our platform shows that, driven by policies and markets, the demand for electronic contracts in the signing scenarios represented by human resources, real estate, finance and online education has surged, and the market potential has emerged:

As a leading electronic contract platform in China, it has been polishing its products for many years, and its all-round layout is intelligent. On the basis of the original two core functions of real-name authentication and contract signing, our electronic contract SaaS product function adds six modules: organization management, examination and approval management, seal management, contract drafting, contract template management and notarization. Previously, we also released many technologies such as handwriting recognition, fragmentation storage mechanism, printing security and anti-counterfeiting. In addition, in view of the lack of online judicial disposal channels and different standards for determining the effectiveness of electronic evidence, we have launched a "real hammer" security system to realize evidence preservation and real-time authentication, and to provide customers with more professional and efficient legal protection services while providing electronic contract services.