Basic information of Xingye Consumer Finance Co., Ltd.

Xingye Consumer Finance Company is registered in Quanzhou with a registered capital of 300 million yuan. As the main investor, Industrial Bank was jointly established with Quanzhou Commercial Corporation, Xtep (China) Co., Ltd. and Fucheng (China) Co., Ltd., of which Industrial Bank contributed 654.38 billion yuan, accounting for 66%. According to insiders, the participation of Xtep and Fucheng, two private enterprises, has made a useful attempt to reform China's financial mixed ownership system.