Malaysia Consumer Finance Co., Ltd. (referred to as "Malaysia Consumer") is a technology-driven financial institution approved by the China Banking and Insurance Regulatory Commission and holding a consumer finance license. The company officially opened in June 2015 and completed three capital increases and share expansions in 2016, 2017 and 2018, with the registered capital reaching 4 billion yuan.
Shareholders include Chongqing Department Store Co., Ltd. (600729.SH), Beijing Zhongguancun Kejin Technology Co., Ltd., Wumart Technology Group Co., Ltd., Bank of Chongqing Co., Ltd. (01963.HK, 601963.SH), Sunshine Property Insurance Co., Ltd., Zhejiang China Commodity City Group Co., Ltd. (600415.SH), as well as a new round of strategic investors such as CICC, CITIC Construction Investment and Chongqing Liangjiang New Area and other central enterprises and local state-owned assets background capital.
Adhering to the mission of "technology makes life easier", Immediate Consumption is user-centered, focuses on inclusive finance, empowers innovation through technology, and is committed to becoming the world's most trusted financial service provider, serving Small and decentralized consumer financial services are provided to all social strata and groups in need of financial services
. The company actively supports consumption upgrades, stimulates domestic demand and serves the development of the real economy, and continues to make positive contributions to local taxation, employment and other economic and social development. As of the end of June 2022, a total of 5.517 billion yuan in taxes has been paid and more than 2,500 jobs have been created.
As a technology-driven financial institution, Immediate Consumption selects highly sophisticated talents in finance, big data, artificial intelligence and other fields around the world, and has established a technical team of more than 1,000 people and a big data management team of more than 300 people. The control team has successively established internal scientific research platforms such as the Artificial Intelligence Research Institute, Postdoctoral Research Workstation, and Key Laboratory of Smart Finance and Big Data Analysis, and has also established national applications with scientific research institutions such as the Chinese Academy of Sciences and Chongqing Normal University
The Mathematics Center conducts cross-sectional research and continuously improves industry-university-research cooperation capabilities. Based on the above scientific research foundation, the company has independently developed more than 900 sets of core technology systems covering the entire business process and life cycle of consumer finance. It has submitted more than 697 invention patent applications and obtained 79 soft copyright registration certificates.
At present, the company has obtained the main AAA credit rating and the recognition of national high-tech enterprises. It has been shortlisted for the Ministry of Industry and Information Technology's "New Generation Artificial Intelligence Industry Innovation Key Tasks Unveiling Winners" list, and was elected as the Artificial Intelligence Branch of the National Information Technology Standardization Technical Committee. Member of the first batch of units of the Technical Committee (SAC/TC28/SC 42). Two scientific research projects won the first-class achievement award of the China Banking and Insurance Regulatory Commission’s Banking Industry Information Technology Risk Management Project Non-Bank Institution Group.
Won multiple awards The Credit Information Center of the Central Bank is an "Excellent Institution for Personal Credit Information System Data Quality" and has been selected as one of the "Top 500 Chinese Service Enterprises" for three consecutive years. Chairman Zhao Guoqing was selected as a scientific and technological innovation and entrepreneurship talent of the Ministry of Science and Technology and the fourth batch of scientific and technological entrepreneurship leading talents of the National “Ten Thousand Thousand People Plan” of the Organization Department of the Central Committee of the CPC.