In June 2014, we became the vice president council member of the standing committee of the Automotive Financing Specialized Committee of China Banking Association (中國銀行業協會汽車金融專業委員會副主任理事單位).
In December 2014, we were awarded "2014 Most Promising Automotive Financing Company (2014最具成長性汽車金融公司)" by Money Weekly (《理財週報》).
2013
In January 2013, our registered capital increased from RMB500 million to RMB1,000 million.
In May 2013, we expanded our consumer automotive loan business to used vehicles.
In July 2013, we established cooperative arrangement with Qoros Automotive Co., Ltd. to provide the dealer financing loans to Qoros-authorized dealers and consumer automotive loans for Qoros series.
In 2013, we also entered into cooperative agreements with certain automobile manufacturers in China.
In December 2013, Chery Automobile transferred a 31% equity interest in our Company to Chery Holdings.
In December 2013, our Simplified Loan product series was awarded "2013 China Best Automotive Financing Products (2013中國最佳汽車金融產品)" by Money Weekly (《理財週報》).
2012
In April 2012, we expanded our consumer automotive loan business to non-Chery brands.
2009
In April 2009, our Company was established as the first domestic brand automotive financing company approved by CBRC in the PRC, which was jointly invested by a Chinese domestic brand automobile manufacturer, Chery Automobile, and a local commercial bank in China, Huishang Bank.