The company has made great efforts to develop Internet financial business and actively transform the financial control platform. P2P online loans, online small loans, community finance and big data platforms complement each other and develop cooperatively, giving a "highly recommended-A" rating.
The prospect of traditional fireworks business is poor, and it has been transformed into Internet finance since 2014. In recent years, due to the restrictions of governments at all levels and the raging haze weather and other factors, the domestic fireworks market demand has been shrinking. Companies seize the opportunity of the blue ocean of Internet finance, set up Internet financial companies one after another, step up efforts to develop Internet financial business, and actively transform the financial control platform.
P2P network loan: silver Lake Network + Rong Xintong. By matching investors and borrowers to complete investment and loan on the platform, Yinhu Network realizes the two-way channel of user investment and financing; Rong ICT mainly recommends borrowing customers for Yinhu Network. responsible for loan review, loan risk control, overdue collection and other work. By the end of 2015, Silver Lake had 350000 registered people and the annual transaction volume was 1.459 billion yuan. Rongxin has established physical financial services stores in more than 10 cities across the country, with a total of 8719 transactions in the whole year.
Network small loan: panda small loan. Relying on the customer resources of the upstream and downstream of the supply chain accumulated by Panda Financial Control, Panda small loan obtains a large number of high-quality customers and provides small loans to the upstream and downstream in a timely and rapid manner to meet the rapid turnover needs of its operating funds. At the same time, Panda small loan uses the network to break the regional idle business, expand the scope of business, and achieve a win-win situation for suppliers, other small and micro enterprises and Panda small loan. In 2015, Panda small loan issued a total of 148 million yuan.
Community Finance: panda Financial Services. Panda Financial Service is a brand under the company that focuses on providing community financial services, providing one-stop high-quality financial services for the majority of residents in the form of community experience stores, including wealth management, consultation of all kinds of financial products and other financial business. the goal is to build a leading community ecological entrance platform of "the last 100 meters". Since its establishment in 2015, Panda Golden clothing has opened more than 20 community experience stores in Beijing, Wuhan and other cities.
Big data: panda data. Panda data mainly provides data collection, storage, mining and analysis services for Panda Financial Control platform, and provides background support for the development of the company's Internet financial business. The construction of big data platform by Panda Financial Control Investment can effectively integrate its Internet financial resources, improve and consolidate the company's Internet financial strategy, and contribute to the construction of the company's credit information system.
Risk tips: 1) the IPO has not been overdue; 2) the business progress is lower than expected.
