Financing
Small loan financing
The Group engages in small loan financing business through Yancheng Goldbond Technology Small Loan Company Limited (“Yancheng Goldbond”), established in Yancheng, Jiangsu Province, the People's Republic of China. Yancheng Goldbond offers short-term loan financing services, loan guarantee services, direct investment and other services approved by the provincial government, to small and medium-sized enterprises and individuals in Yancheng.
Over the last couple of years, the Group prudently promoted the small loan financing business among high quality customers to ensure that the newly released loans were more effectively safeguarded.
