China Reform Commercial Factoring Co., Ltd.

China Reform Commercial Factoring Co., Ltd.(图1)

Established in July 2016, China Reform Commercial Factoring Co., Ltd. is a wholly-owned subsidiary of China Reform Capital Co., Ltd. subordinate to China Reform Holdings Corporation Ltd., one of the first-batch pilot enterprises operated by state-owned capital in China. The Company’s registered capital is RMB 3 billion, and its business scope includes: providing trade financing by way of transfer of accounts receivable; settlement, management and collection of accounts receivable; sales ledger management; non-commercial bad debt guarantee relating to the business of the Company; customer credit investigation and evaluation; other relevant consulting services.