
It is a large policy-based guarantee institution in China and a large-scale comprehensive financial service platform, engaged in diversified comprehensive financial services such as financing guarantees, investment consulting, and financial advisory
With the approval of the National Development and Reform Commission, Chongqing Three Gorges Guarantee Group Co., Ltd. (hereinafter referred to as "Three Gorges Guarantee Group") was formally established in September 2006, with a paid-in registered capital of RMB 4.65 billion, making it one of the largest policy-based guarantee institutions in China. The three shareholders are Chongqing Yufu Asset Management Group Co., Ltd. (holding shares on behalf of Chongqing Municipal Government), Three Gorges Capital Holding Co., Ltd. (holding shares on behalf of China Three Gorges Corporation) and China Development Bank Capital Co., Ltd. (holding shares on behalf of China Development Bank), which is the only wholly-owned large-scale comprehensive guarantee group with the background of shareholders of provincial-level local governments, large central enterprises and state-level policy banks in China.
CTG has always adhered to the business philosophy of "policy objectives and market-oriented operation", and has carried out diversified and comprehensive financial services such as indirect financing guarantees, direct financing guarantees, non-financing guarantees, re-guarantees, self-owned capital investment, financial advisory, etc., with the business purpose of "giving full play to the credit enhancement function, serving the real economy, industries and social livelihoods, alleviating the financing difficulties of small, medium and micro enterprises and the "three rural" enterprises, promoting local economic and social development, and promoting the construction of the social credit system.
As of the end of October 2017, the Three Gorges Guarantee Group has provided a total of 287.8 billion yuan of various guarantees for more than 90,000 enterprise projects, taking the lead in breaking through the 200 billion mark among guarantee institutions in the central and western regions. The balance under guarantee exceeds 100 billion yuan, of which the scale of loan guarantee and financing guarantee ranks among the best in the country; It is the first guarantee institution in the western region to obtain a long-term entity credit rating of AAA, and has the qualification of guarantee for financial products in the capital market such as bonds, funds, medium-term notes, and short-term financing bonds. At present, there are 14 departments and 2 rooms, including 3 branches in Jiangjin, Wanzhou and Qianjiang and 5 branches in Chengdu, Wuhan, Xi'an, Beijing and Kunming. It wholly owns or holds 3 professional guarantee companies, 1 microfinance company, 1 asset management company and 1 Internet online financing guarantee platform, and participates in Chongqing Re-guarantee Company and 3 district and county guarantee companies. For 8 consecutive years, it has won the municipal and national commendations such as "State-owned Enterprise Contribution Award" and "Top 10 Financing Guarantee Companies" in Chongqing; It was elected as the vice president unit of China Financing Guarantee Association and the president unit of Chongqing Financing Guarantee Association, and its leading position in the industry has become increasingly prominent, and its asset scale, development speed, profitability and comprehensive strength rank among the best in the industry in the country and the first in the central and western regions. According to incomplete statistics, the Three Gorges Guarantee Group has added more than 510 billion yuan of output value, 54 billion yuan of new profits, more than 43 billion yuan of new tax revenue and more than 860,000 new social jobs for insured enterprises and regions through credit enhancement and financing services, and has made outstanding contributions to the development of local economic construction and the development of small, medium and micro entities across the country.
"There will be a time when the wind and waves will be long, and the clouds will sail into the sea." At present, the Three Gorges Guarantee Group has completed the shareholding system reform, successfully issued corporate bonds, and is steadily promoting the capital market strategy and exploring the establishment of a long-term and sustainable industry development model. In the future, CTG will continue to promote the construction strategy of "comprehensive financial service group", adhere to the regional layout strategy of "based on Chongqing and go to the whole country" for a long time, give full play to the radiation effect of Chongqing as an important functional financial center in the country, and strive to become a leader in the development of the national guarantee industry, a setter of industry standards and a promoter of the construction of a social credit system, and finally develop into a benchmark leader in the national guarantee industry.