Beijing, April 7, 2020 / PRNewswire /-- Titanium (Pintec Technology Holdings Ltd., Nasdaq: PT), a leading provider of financial technology solutions, today announced that its Ganzhou Aixin Network Micro loan Co., Ltd. (hereinafter referred to as "Aixin small loan") is officially connected to the credit information system of the people's Bank of China (i.e. the basic database of financial credit information, referred to as the credit information system of the people's Bank of China). To realize the real-time submission and query of all credit business data, which has become Jiangxi Province.The first oneInternet small loan companies connected to the credit information system of the people's Bank of China.
Aixin small loan (formerly Ganzhou Building Block Micro loan Co., Ltd.) was established in April 2016 with a registered capital of 500 million yuan. In December 2017, Aixin small loan was approved to be connected to the credit information system of the people's Bank of China, and the relevant access work was officially launched. In March 2019, Pinti wholly-owned acquisition of Aixin small loan. In August 2019, the system access was completed and credit business data began to be submitted. Recently, with the approval of the credit information center of the people's Bank of China, the authority to inquire about credit information has been opened, and the user credit report can be queried after being authorized by the user.
In 2011, the central bank issued the Circular of the General Office of the people's Bank of China on the access of small loan companies to the people's Bank of China's credit information system and related management work, promoting small loan companies to fully access the credit information system. According to the official statistics of the central bank, as of the third quarter of 2019, there were 7680 micro-loan companies in the country, of which more than 200 were on the Internet. At present, only a small number of Internet small-loan companies have been allowed to access the credit information system of the people's Bank of China.
The credit information system of the people's Bank of China is an important part of the country's financial infrastructure, with a total of 1.02 billion natural persons, 28.341 million enterprises and other organizations, 3737 individuals and 3613 enterprise access institutions, covering all kinds of formal lending institutions. The successful access of Aixin small loan to the credit information system of the central bank, on the one hand, marks the full recognition of the regulatory authorities on the compliance of Aixin small loan business and the internal organizational security system, on the other hand, it also shows the leading technical ability of Aixin small loan. Aixin small loan adopts the access mode of direct access, which has higher requirements for the access organization's IT capacity, computer room construction, system deployment, business model and so on.
The relevant person in charge of the company said: "We will continue to promote Aixin small loan to carry out financial services, accumulate experience in the real financial scene and market environment, and polish technology and products, so as to better promote business development and improve technical capabilities." and explore joint operations. Access to the central bank's credit information system also means that the risk control ability is further strengthened, and the quality of credit assets is more guaranteed, which is conducive to the more sound development of the company's business. "
The COVID-19 epidemic broke out in China at the beginning of 2020. Aixin Xiaofeng provided support measures such as deferred repayment for customers of small and micro enterprises across the country, excluding overdue fees and not submitting overdue credit data during the grace period of deferred repayment. at present, it has provided relief assistance to nearly 100 small and micro enterprises, covering hotel catering, education and training, wholesale and retail and other physical industries. Mainly distributed in Hubei, Guangdong, Zhejiang, Jiangxi and other areas with relatively serious epidemic situation, together to support customers of small and micro enterprises to tide over the difficulties.