FAW Finance Co., Ltd

FAW Finance Co., Ltd

First auto mobile finance Co., Ltd. is headquartered at 711 Dongfeng Street, Changchun City, Jilin Province. It is the holding subsidiary of China First Automobile Group Corporation (hereinafter referred to as FAW Group) and the only non bank financial institution in FAW Group. Since its establishment for 19 years, the company has relied on the strong sales network of FAW Group. We are committed to providing fast and convenient professional auto financial services for customers who purchase various brands of FAW Group. In recent years, the company has developed rapidly. By the end of June 2007, the total assets of the company has exceeded 10 billion yuan, and the accumulated profit has reached 1.35 billion yuan.

Company profile

FAW Finance Co., Ltd. actively responds to challenges in its development, constantly strengthens its core competitiveness, actively improves its own organization, and constantly improves its management level. At present, the company has three business departments: Auto Financial Service Center, group financial service center and capital operation center, and five functional departments: Human Resources Department, planning management department, planning and finance department, internal audit department and information technology department. It has also established a holding subsidiary Jilin Yian insurance brokerage Co., Ltd. "Forging financial products, cultivating century old famous enterprises" is our enterprise values, "building customer service platform, carrying the development dream of employees" is our business philosophy. Employees of all departments of the company adhere to the integrity, stability, efficiency and innovation of the enterprise spirit, solid work, open communication, to provide customers with the best quality service. FAW Finance Co., Ltd. adheres to the business tenet of "cooperation, win-win and development" and the business policy of "concentration, professionalism, efficiency and efficiency", relying on the group's marketing network, The company has initially established the operation mode of automobile finance network integrated with vehicle marketing service and automobile finance, and has set up automobile finance field service representatives in more than 20 cities nationwide, forming a nationwide automobile finance service network. At present, it has established long-term cooperative relations with hundreds of brand distributors, and has successively provided automobile consumption loans to tens of thousands of individual customers, It has become an important core business of financial company. compared with commercial banks, FAW finance company aims to be "the most intimate and suitable bank for group enterprises", with high service efficiency, simple approval procedures and favorable product prices. Through the continuous development of new products suitable for group enterprises, and actively provide a variety of value-added services, gradually establish the brand image of financial company and group enterprise financial and service consultants, and form the unique service brand of financial company. Since its establishment, FAW Finance Co., Ltd. has adhered to the tenet of "relying on the group and serving the group" and the business philosophy of "business innovation, steady operation, focusing on efficiency and strengthening service", continuously strengthened the financial service function, expanded the financial service field, updated the financial service means and improved the financial service level, providing financial support for the realization of FAW Group's strategic objectives. Jilin Yian insurance brokerage Co., Ltd. is a professional insurance brokerage company established with the approval of China Insurance Regulatory Commission in 2004. It is the holding subsidiary of the financial company. The company is set up by five shareholders: FAW Finance Co., Ltd. (50%), FAW Car Co., Ltd. (15%), fu'ao Auto Parts Co., Ltd. (15%), Changchun FAW Sihuan Automobile Co., Ltd. (10%) and FAW Industrial Corporation (10%), with a registered capital of 10 million yuan. Jilin Yian insurance brokerage Co., Ltd. has integrated the group's insurance resources, obtained corresponding compensation for property losses in time, reduced insurance costs, trained professional talents, developed business processing system, opened up a green channel for the group's asset risk transfer, provided insurance service support for consumer credit business, and promoted the development of the group's auto derivative economy. At present, the service group has more than 100 functional departments, branches, wholly-owned subsidiaries and joint venture subsidiaries, and its service areas have reached 13 cities in 9 provinces (cities) in China.