Top 10 financing guarantee brands, focusing on financing services for small and medium-sized enterprises, committed to providing credit enhancement services for financial products, and providing financing guarantee institutions for risk sharing services for financial institutions serving small and medium-sized enterprises
China United SME Financing Guarantee Co., Ltd. (hereinafter referred to as the "Company" or "China United Guarantee") was registered and established in the State Administration for Industry and Commerce on July 19, 2012. On May 27, 2016, the company's capital increase was approved, and the registered capital increased to RMB 7,176.4 million.
The company is a pilot project of the State Council to use foreign capital to set up a guarantee company. In 2010, the "Several Opinions of the State Council on Further Improving the Use of Foreign Capital" proposed to "accelerate the pilot work of using foreign capital to establish small and medium-sized enterprise guarantee companies". In accordance with the requirements of the State Council documents, the National Development and Reform Commission promoted the establishment of the China Cooperation Guarantee. The establishment of the company is also an important measure to implement the State Council's "Opinions on Further Supporting the Healthy Development of Small and Micro Enterprises", effectively alleviate the financing difficulties of small and medium-sized enterprises, and develop multi-level financial services for small and medium-sized enterprises.
Composition of the company's shareholders after the capital increase. Chinese shareholders include Tianjin Tianhai Investment Development Co., Ltd., HNA Capital Group Co., Ltd., Baowu Steel Group Co., Ltd., Haining Hongda Equity Investment Management Co., Ltd., Export-Import Bank of China, and Inner Mongolia Xintai Investment Co., Ltd. Foreign shareholders include JPMorgan Chase & Co. and Siemens (China) Ltd.
The company advocates the core values of "benevolence, wisdom and trustworthiness", adheres to the business philosophy of "allowing it to be in it, and win-win cooperation", gives full play to its own advantages, continuously innovates business models, provides credit enhancement services for financial products, provides risk sharing services for financial institutions serving small and medium-sized enterprises, and seeks its own development in the process of serving customers, returning shareholders and giving back to the society, and is committed to becoming an innovative financing guarantee institution with market competitiveness and industry influence. By the end of 2016, the company has established strategic cooperative relations with 16 banks, with a credit line of more than 80 billion yuan. It has established business and strategic cooperative relations with a number of securities companies, trust companies, finance companies and rating companies.
The credit enhancement business of corporate financial products involves corporate bonds, enterprise bonds, small and medium-sized enterprise collective bonds, credit enhancement, bank loan guarantees, trust product guarantees, financial lease guarantees, performance guarantees and other types. The company has established a batch proportional liability guarantee model of "China United Guarantee - Financial Institutions" for benefit sharing and risk sharing, providing risk sharing for banks, small loan companies, guarantee companies and other financial institutions cooperating with small and medium-sized enterprises, solving the problem of "financing difficulties" of small and medium-sized enterprises, and promoting financial institutions to expand their business scale. At the same time, the company actively explores and develops new models such as using the Internet and big data to support small and micro enterprise financing and personal consumption finance business, and cultivates new growth points for the company.
Based on the company's excellent capital strength, shareholder background and clear development strategy, the company has become the first financing guarantee company to obtain the AAA main credit rating awarded by a domestic rating company. The rating agencies that awarded the company's AAA main credit rating are: Oriental Jincheng International Credit Rating Co., Ltd., United Credit Rating Co., Ltd., Dagong International Credit Rating Co., Ltd., Pengyuan Credit Rating Co., Ltd., China Chengxin International Credit Rating Co., Ltd., Shanghai New Century Credit Rating Investment Service Co., Ltd., and United Credit Rating Co., Ltd.
