MS Finance, with the full support from our shareholders, has set up a new Internet-oriented model that integrates diverse scenarios, quality services and efficient operation. We use the unique FICO rules, big-data models, double-engine risk control and consumer-friendly products to make MS a tech-driven, leading player in the consumer finance industry.
CBEST Ltd., a state-owned-enterprise, was established in Chongqing City in1950. It has CBEST Department Store, New Century Department Store, General Trading Appliances, 3 prestigious brands in China. It has 294 shops and more than 90,000 of staff. In 2014, CBEST made 30.14 billion RMB where the profit was 590 million RMB, contributing to the total asset of 11.728 billion RMB. Now CBEST ranks No. 1 in the retailing market in western China and No. 180 among the China Fortune 500.
Sunshine Property & Casualty Insurance Co., Ltd., established on July 2005, is an insurance company providing property and casualty insurance service nationwide. Sunshine P&C achieved a good and fast development ever since its establishment, and constantly broke the record of annual premium income of newly-established insurance companies in China.
Bank of Chongqing is among the earliest local stake-holding commercial banks in western China, especially the area of upper reaches of Yangtze River. It went public in HK Stock Exchange on Nov 6th, 2013, as the first mainland commercial bank doing so. Its total asset surpassed 200 billion RMB with NPL still as low as 0.39%. Its 116 branches formed a network covering all the districts and counties in Chongqing City.
Zhejiang China Commodities City Group, with the capital stock reaching 2.72 billion RMB, is running 16 branches and 34 subsidiaries with more than 5000 staff. In 2013, the company made 3.655 billion RMB, including 943 million RMB of profit, total asset reaching 24 billion RMB or so. The company is independently developing, managing and serving China Commodities City in Yiwu, Zhejiang, contributing significantly to the retails industry in China.
Wu-Mart is a leading Chinese retail chain with annual sales over 30 billion RMB and annual tax contribution over 1 billion RMB. It has 700 supermarkets, marts, convenience stores and department stores in China under multiple well-known brands.