Hanhua Financial Holdings is China's leading provider of comprehensive credit guarantee and SME financing solutions for micro, small and medium enterprises. The Group mainly provides various credit finance solutions through the two major businesses of credit guarantee and SME loans to meet the financing and business needs of micro, small and medium-sized enterprises. Unlike the general practice of many traditional commercial banks and other insurers and small and micro loan companies in China, the Group's credit evaluation system makes credit decisions based on the customer's credit rather than the value of the collateral provided. As of 2013/10/31, the Group had 51.4% of the insured amount, 90.1% of the small loan amount, and 39.0% of the entrusted loan with no collateral as collateral as collateral. The group was founded in Chongqing. Currently, the opposite side of business focuses on Chongqing and Sichuan. In 2012, 69.1% of the Group's guarantee amount and 82.4% of small and micro loans originated in Chongqing and Sichuan. Currently, the Group's business network covers Chongqing, Sichuan, Liaoning, Beijing, Shanghai, Shenzhen and 13 other provinces in China, and has provided services to about 20,000 micro, small and medium-sized enterprises during the track record period. According to Euromonitor data, on 2013/5/31, calculated by the number of provinces covered by credit guarantee outlets, the group is the largest credit guarantee company in China and the number of provincial cities covered by small and micro loan outlets. The group is the second largest micro loan company in China; based on the actual capital calculation of credit guarantee operations, the group ranked 4th in the bank ranking and 1st among all private credit guarantee companies in China; and based on the actual capital calculation of small and micro loan operations, the group was ranked among all small and micro loan companies in China Third.