This company is a pilot project to set up a foreign-funded guarantee company in the State Council. 20 10 "Several Opinions of the State Council on Further Improving the Work of Utilizing Foreign Capital" puts forward the requirement of "accelerating the pilot work of establishing guarantee companies for small and medium-sized enterprises by utilizing foreign capital", and the National Development and Reform Commission promotes the establishment of guarantee organizations and implements the spirit of the State Council. The establishment of the company is also an important measure to implement the State Council's Opinions on Further Supporting the Healthy Development of Small and Micro Enterprises, effectively alleviate the financing difficulties of small and medium-sized enterprises and develop multi-level financial services for small and medium-sized enterprises.
This company was founded by seven Chinese and foreign shareholders. Chinese shareholders include The Export-Import Bank of China, HNA Capital Holdings Limited, Baosteel Group Limited, Haining Hongda Equity Investment Management Limited and Inner Mongolia Xintai Investment Limited, while foreign shareholders include JPMorgan Chase Group and Siemens (China) Limited.
The business scope of the company includes: loan guarantee; Bond issuance guarantee; Bill acceptance guarantee; Trade financing guarantee; Project financing guarantee; Letter of credit guarantee; Litigation preservation guarantee; Bid guarantee, advance payment guarantee, project performance guarantee, final payment guarantee and other contract performance guarantees; Financing consultation, financial consultancy and other intermediary services related to guarantee business; Invest with its own funds; Provide re-guarantee for the guarantee liability of other financing guarantee companies; And other businesses such as financing guarantees that comply with laws and regulations and are approved by relevant regulatory agencies.
With the aim of supporting the development of small and medium-sized enterprises, the company adheres to the business philosophy of "win-win cooperation", adheres to the business principles of "honesty, standardization, prudence, professionalism, high efficiency, openness and innovation", implements a fast and steady development strategy, makes every effort to build a financing bridge between financial institutions and small and medium-sized enterprises, and becomes a professional, standardized and core competitive financing guarantee company, and is committed to developing into a leading enterprise in China's financing guarantee industry.
Based on the company's strong capital strength, shareholder background and clear development strategy, United Credit Rating Co., Ltd. rated the long-term credit rating of the company as AAA.