China Investment and Financing Guarantee Co., Ltd., founded in 1993, is the president unit of China Financing Guarantee Association, a national professional guarantee institution with credit guarantee as its main business, and an operating platform that provides customers with comprehensive financial and credit services and solutions
China Investment and Financing Guarantee Co., Ltd. (hereinafter referred to as "CIIC" or the "Company") was formed by the overall transformation of China Investment and Financing Guarantee Co., Ltd. Approved by the State Council in 1993 and funded by the Ministry of Finance and the former State Economic and Trade Commission, the company is a professional guarantee agency with credit guarantee as its main business. In 2010, the company completed the capital increase and restructuring. Through the introduction of six new shareholders, CCB International, CITIC Capital, CDH Investment, Singapore Government Investment, Goldstone Investment and SDIC Innovation, the company changed from a wholly state-owned enterprise to a Sino-foreign joint venture. In 2015, it was established by initiation, changed to a joint stock limited company as a whole, and was listed on the New Third Board, and is a member of SDIC Group.
As the flagship enterprise of China's guarantee industry, the company actively promotes business, product and field innovation, and after long-term development and business practice, the company has formed a business line across the money market, stock market and bond market. The company is committed to building a three-pronged business structure of credit enhancement, asset management and Internet finance.
As of the end of 2016, the company has a registered capital of 4.5 billion yuan, total assets of 13.047 billion yuan, and bank credit of 102 billion yuan. Dagong International Credit Rating Co., Ltd. gave the company a long-term entity credit rating of AAA. The company has set up 6 branches and marketing agencies in East China, Shanghai, Dalian, Tianjin, Shenyang and Wuxi to serve the regional economic development.
The company adheres to keeping pace with the times, adjusts its business structure and business strategy in a timely manner, closely combines the national industrial policy, focuses on the development direction of the "New Four Modernizations" proposed by the 18th National Congress of the Communist Party of China, excavates market demand, participates in financial innovation, and makes positive efforts to enhance corporate credit, improve the social credit environment, and improve the financial service system. By the end of 2016, the company had accumulated a total guarantee of 473.6 billion yuan, providing guarantee services for more than 20,000 customers, and was currently the earliest and largest guarantee institution in China.
The company is a member of the world's three major guarantee and credit insurance alliances, and has established extensive contacts and cooperation with international peer organizations and institutions. The company is the initiative and initiator of the "China Guarantee Industry Alliance" with 180 professional guarantee companies, and the president unit of the China Financing Guarantee Association. The company has formed a wide range of strategic alliances with domestic first-class banks, securities companies, trust and investment companies, financial asset management companies and professional investment and consulting institutions, invested in and invested in flagship enterprises in China International Capital Corporation, CDH Investments and other related fields, and initially built an operating platform to provide customers with comprehensive financial and credit services and solutions.
