HUNAN CHANGYIN 58 CONSUMER FINANCE CORPORATION LIMITD

Hunan Changyin 58 Consumer Finance Co., Ltd

Hunan Changyin 58 Consumer Finance Co., Ltd., officially opened on January 24, 2017, is the first licensed consumer finance company in Hunan Province approved by the China Banking and Insurance Regulatory Commission. It is jointly established by Bank of Changsha Co., Ltd., Beijing City Wanglin Information Technology Co., Ltd. and Changsha Tongcheng Holding Co., Ltd. and is headquartered in Changsha, Hunan Province.

Main business

（1） Granting personal consumption loans;

（2） Accepting deposits from domestic subsidiaries of shareholders and domestic shareholders;

（3） Borrowing from domestic financial institutions;

（4） Issuing financial bonds with approval;

（5） Domestic interbank lending;

（6） Consulting and agency business related to consumer finance;

（7） Agent sales and consumer loans related insurance products;

（8） Fixed income securities investment business.

Contribution shareholder

1. Bank of Changsha Co., Ltd., with a capital contribution of 459 million yuan, accounting for 51%;

2. Beijing city network adjacent Information Technology Co., Ltd., with a capital contribution of 297 million yuan, accounting for 33%;

3. Changsha Tongcheng Holding Co., Ltd. contributed 144 million yuan, accounting for 16%.

Current executives

Chairman Yang Minjia

President Xu Zhongyi

Yang Yong, chief supervisor

Zheng Xiaodong, executive director, vice president

Qu Zixiao vice president

Lai Chuanwen, risk director