1.20 17, Chongqing Alibaba Microfinance Co., Ltd. was officially renamed as Chongqing Ant Mall Microfinance Co., Ltd., and the main business of Ant Financial Service is divided into ant flower buds and ant borrowing buds, among which flower buds are provided by Chongqing Ant Microfinance Co., Ltd., which provides loan services for Chongqing Ant Shangcheng Microfinance Co., Ltd.
2. Mr. Yu Shengfa is currently the vice president of Ant Financial Services Group and the leader of eWTP Financial Services Working Group, and is responsible for leading the construction of financial payment system for Ant Financial Services serving small and micro enterprises around the world. Mr. Yu Shengfa joined Ant Financial Service in February 20 14. 2065438+June 2005, the online merchant bank initiated by Ant Financial officially opened, and Yu Shengfa served as the president of the online merchant bank. On 20 16 12, Yu Shengfa began to serve as the chief risk officer of Ant Financial. 20 18 1 month, served as the leader of the eWTP financial services working group of ant financial services. Before joining Ant Financial, Mr. Yu Shengfa served as vice president, member of the Party Committee, vice chairman and president of Hangzhou Bank, and party secretary of Hangzhou Financial Office. Mr. Yu Shengfa holds a postgraduate degree and a senior accountant qualification.
3. Lending Bao has started the brand isolation work, and the services provided by Ant Consumer Finance Company will continue to display the "Lending Bao" brand, while the credit services independently provided by financial institutions such as banks will be displayed on the "Credit Loan" page, clearly identifying the information of financial institutions, which is different from the Lending Bao brand. Lending Bao also said that in the future, Lending Bao will be provided by Ant Consumer Finance Company and become the exclusive brand of Ant Consumer Finance Company. In the process of brand isolation, the user's service experience will not be affected, and the core processes such as account opening, audit, interest calculation and loan repayment will not change. According to the previous rectification requirements, flower beds and borrowed flower beds should be fully included in the ant financial service to eliminate them. Therefore, it is in line with regulatory requirements to classify the services provided by non-Ant Financial Services as loans.