The field of automobile financing in China, self-brand enterprises and joint ventures have been the same treatment. Huishang Bank by Chery and Chery business profiled silver brand call car account business, on April 21 transmitted the initiating in Shanghai. Since afterward, Chery has become China’s first independently have economic services businesses brand car.

The past, places that simply joint ventures and foreign finance to include in automobile financing business. In June terminal year, Chery is sanctioned economic businesses to build on a pilot basis. After 6 months to prepare, in December 2008 through the commendation of the China Banking Regulatory Commission, sanctioned the possibility in April of this year. Preparation time span, the Chery business and Huishang Bank as wanted to simulate the task, and collected numerous experience.

Silver Emblem Chery Automobile Finance Company registered capital of 5 billion yuan, of which Chery invested 400 million yuan, accounting for 80% of shares; Huishang Bank shares accounted for 20%. The company’s business is divided into 12 large plates, including: the provision of consumer car loan business to provide procurement vehicle dealer loans and equipment loans work, including construction loans and the Exhibition Hall, spare parts and maintenance equipment loans; and the provision of car leasing business and so on.

Chery Automobile Emblem Bank to set up economic businesses, in order that enterprises can have more means to support market development, China’s economic scheme is an significant breakthrough.

The area of automobile financing in China, self-brand enterprises and junction projects have been the identical treatment. Huishang Bank by Chery and Chery junction project formed shiny emblem vehicle investment business, on April 21 broadcast the setting up in Shanghai. Since then, Chery has become China’s first individually belongs to economic services businesses emblem car.

The past, places that simply joint ventures and foreign finance to include in automobile financing business. In June terminal year, Chery is sanctioned economic businesses to build on a pilot basis. After 6 months to prepare, in December 2008 through the commendation of the China Banking Regulatory Commission, sanctioned the possibility in April of this year. Preparation time span, the Chery business and Huishang Bank as wanted to simulate the task, and collected numerous experience.

Silver Emblem Chery Automobile Finance Company registered capital of 5 billion yuan, of which Chery invested 400 million yuan, accounting for 80% of shares; Huishang Bank shares accounted for 20%. The company’s business is divided into 12 large plates, including: the provision of consumer car loan business to provide procurement vehicle dealer loans and equipment loans work, including construction loans and the Exhibition Hall, spare parts and maintenance equipment loans; and the provision of car leasing business and so on.

Chery Automobile Emblem Bank to initiate economic businesses, so that enterprises can have more method to encourage market expansion, China’s economic system is an noteworthy breakthrough.