Datang Telecom Group Finance Company Limited

Datang Telecom Group Finance Co., Ltd

Official Reply of China Banking Regulatory Commission on the opening of Datang Telecom Group Finance Co., Ltd. (YJF No. 497). November 10, 2011.

Basic information

Chinese Name: Datang Telecom Group Finance Company Limited; English Name: Datang Telecom Group Finance Company Limited; company address: North District, 5th floor, building 26, zone 1, No. 40 Xueyuan Road, Haidian District, Beijing; registered capital: 1 billion yuan, fully funded by the Institute of Telecommunications Science and technology.

Nature of Business

（1） Handling financial and financing consultancy, credit assurance and related consulting and agency business for member units; (2) assisting member units to realize the receipt and payment of transaction funds; (3) approved insurance agency business; (4) providing guarantee for member units; (5) handling entrusted loan between member units; (6) handling bill acceptance and discount for member units (7) to handle the internal transfer settlement between member units and the design of corresponding settlement and liquidation schemes; (8) to absorb the deposits of member units; (9) to handle loans and financial leasing for member units; (10) to engage in inter-bank lending.

senior executive

Guo Guangli, chairman of the board, Wu Yinqiang, general manager and director, Gao Yonggang, director, Zhou Shaofeng, deputy general manager, Han Weigang, deputy general manager and Liao Ximin, Assistant General Manager