At the end of 2009, KuaiYixin Investment Development Co., Ltd. was established, mainly providing loan resources and information services to customers outside Ping An Group.
On 20 10, the company expanded its production and moved to Guanzhong to develop investment guarantee business, focusing on real estate mortgage loans, SME financing loans and vehicle mortgage loans;
From the end of 20 1 1 to the beginning of 20 12, Sun Mingda led technicians to independently develop and establish a set of internet financial operation system, which transferred offline investment customer information to online for sunshine operation, and established Kuai Yixin Re-guarantee Co., Ltd.;
20 13 influenced by the internet financial turmoil, Sun Mingda founded Shenzhen Jin Rong Investment Management Co., Ltd. and began to focus on p2p online loan services such as vehicle mortgage and house mortgage. On this basis, after one year's development, Sun Mingda successively established three subsidiaries, namely Shenzhen Qianhai Jin Rong Fund Management Co., Ltd., Shenzhen Qianhai Jin Rong Investment Management Co., Ltd. and Shenzhen Qianhai Jin Rong Internet Finance Development Center, and Jin Rong Group was formally established.