Is BAIC financial formal?

BAIC finance is formal. Beijing Auto Finance Co., Ltd. (hereinafter referred to as "BAIC Finance") is a financial company engaged in auto finance business registered in the financial supervision department of China. It is a legal and formal financial institution. Its main business includes auto financing lease, auto loan, insurance, wealth management and investment. Headquartered at No.8 East Third Ring Road North, Chaoyang District, Beijing, the company was established in 2007 and is one of the subsidiaries of Beijing Automotive Group, with strong financial strength and business ability.