Mashang Consumer Finance Co., Ltd. (MSCF) is a tech-driven financial institution with a consumer finance license by China Banking and Insurance Regulatory Commission (CBIRC). We started business in June 2015, and completed three rounds of capital injections respectively in 2016, 2017, and 2018, total registered capital amounting to 4 billion as of now. Our shareholders include CBEST(600729.SH), ZKJ Technology, WUMART Technology, Chongqing Bank(01963.HK，601963.SH）), Sunshine Property Insurance, China Zhejiang Commodities City Group(600415.SH), together with whom we have also got new strategic investors such as CICC, China Securities, and Chongqing Liangjiang New Area, which are either central or local state-owned entities.

Our aim is to make people’s life easier, and this drives us to always put our clients in the first place. We boost financial inclusion, and produce innovations by developing new technologies. All these serve our goal as we attempt to become the most reliable financial service provider who is able to issue consumer loan of small ticket size to the general public from all social classes. We play an active role in upgrading the consumer sector, serving the real economy, and boosting the domestic demand, thus making great contributions to the local tax revenue, employment, and other social and economic issues. Up until the end of 2020, we have registered 120 million users, and our total loan issuance has already amounted to 540 billion yuan. We have paid 3.3 billion yuan of tax in total and meanwhile created over 2000 jobs.

Tech-savvy MSCF attracted elites of finance, big-data, AI, and other fields from all over the world. The technical team consists of over 1000 developers, and the risk management team is also made up of over 300 analysts. We have one after another set up our AI Institute, Post-doctoral Research Station, and Smart Finance and Big-data Lab. We have co-built national level Applied Math Center with Chinese Academy of Sciences as well as Chongqing Normal University, and the research subjects we carried out have greatly improved our research-practice capability, with which we are able to develop over 900 systems that can serve the consumer finance business process from beginning to end. We have also filed over 250 patents and acquired 71 software copyright certificates.

As of now, we have been recognized as AAA credit entity and national high-tech enterprise. We have also been listed by MIIT as one of the new AI innovators, and meanwhile become one of the first members of AI Sub-committee of the Technical Committee on Information Technology Standardization (SAC/TC28/SC 42). Two of our research subjects were awarded the first prizes in IT risk management of banking sector by CBIRC. And the PBOC has also prized us as prominent institution in credit data management. We are also among the top500 China service provider. Mr. Zhao Guoqing, the CEO, was also recognized as prominent innovator by MOST, as well as the leading technology entrepreneur of the national 10000 Talents Plan by the Organization Department of the Central Committee of the CPC.