Summary of duties

Jiji is the only automobile finance company in China with a business background that is likely to be supervised and supervised by the insurance supervision committee of the Bank of China. It is also a subsidiary company with a holding stock. Jisheng specializes in providing automotive financial products and services of luxury Chinese brand cars. In 2018, the retail sales of luxury Chinese brands reached 31577 tons, and the total principal reached 61.082 million yuan, accounting for 75.7% of the total retail sales issued in the same period and 86.3% of the total retail sales issued in the same period. In 2017, the average principal earned by retail customers of the collection reached 220028 yuan, ranking third among all automobile financial companies in China.

Thank you very much.

Since its inception, it has been a strategic focus on the automobile financial market of the Haohua brand.

Special business background and national review

Stable and diversified sources of funds

Negative factor

Due to its limited economic history, the market may not be able to adhere to the strategy of rapid growth or fully integrated development of the underlying market in the future.

If the collection fails to maintain a solid relationship with the operator of the sales network, business, business conditions and business transactions may be significantly adversely affected.

If the business transactions with which they work are characterized by significant adverse effects on the use of transactions, business conditions and business transactions.

About 70.0% is used to expand services involving external customers.

About 15.0% of the funds will be used for the development of self-contained retail loans to Zhengtong Auto customers.

About 5.0% of the technical, technical, and financial management capabilities of the development cluster

About 10.0% is used for general financial assistance.