Chongqing Auto Finance Co. Ltd. to open

Chongqing Auto Finance Co. Ltd. was approved by Chongqing Banking Regulatory Commission these days.

The company’s business scope mainly consists of 12 parts including extending loans for auto purchaser, providing procurement loans and operating equipment loans for auto dealers, and agent business.

Chongqing Auto Finance Company, with a registered capital of 500 million yuan, was initiated by Qingling Motors (Group) Co. Ltd.

This company will boost Chongqing to be an auto city in China and focus on providing more comprehensive, specialized and convenient auto finance services.

Deng Jun