Minsheng Tonghui Asset Management Co., Ltd., a subsidiary of Minsheng Insurance, and Ant Microfinance, a subsidiary of Ant Financial Services Group, jointly launched the "Minsheng Tonghui-Ali Financial Support Plan No.65438 +0" (hereinafter referred to as "Support Plan No.65438 +0"), which was approved by the China Insurance Regulatory Commission, with a total fundraising scale of 3 billion yuan.
In the "1 Support Plan", Minsheng Tonghui, an asset management company under Minsheng Insurance, will act as the manager, raise funds in the form of products, purchase the micro-loan assets of the micro-loan company under Ant Financial Services Group, repay the investment income with the basic asset recovery funds, return the investor's investment principal and interest when due, and provide financing services for Ant Financial Services, thus providing financing services for small and micro enterprises and realizing low-risk fixed investment returns for investors.
"1 support plan" itself is to improve the financing ability of ant micro-loans. By building a "bridge", the whole society can enter the financing market of small and micro enterprises more smoothly, and at the same time let ordinary people see a completely transparent investment chain. In addition, this support plan is one of the first batch of projects approved mainly for small loans after the China Insurance Regulatory Commission restarted the asset support plan in July this year. The project is not a one-time payment, but a "Golden Treasure" universal insurance product of Minsheng Insurance, which is raised within a certain period of time. It is an attempt to gather social forces to solve the financing of small and micro enterprises.
As for why insurance companies are chosen, people of Ant Financial believe that products may be more flexible, and the China Insurance Regulatory Commission also encourages the financing of small and micro enterprises, so try.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.