AutoBeta(AutoBeta.net)09/23 Report--

On September 20, the State Financial Supervision and Administration issued an announcement, which showed that due to the lack of prudence in the review of the issuance of additional loans, the independent choice of financial consumers was infringed and its own risk control costs were passed on to customers in violation of regulations; The risk control of the used car business was not in place. The Chongqing Supervision Bureau of the State Financial Supervision and Administration fined Changan Automobile Finance Co., Ltd. 900,000 yuan, warned Cao Zhi, then general manager of the credit approval department of Changan Automobile Finance Co., Ltd., and warned Changan Automobile Finance Co., Ltd. Xiong Xi, deputy general manager of the company's marketing business department, warned that the penalty time would be September 13, 2024.

According to public information, Chang 'an Auto Finance Co., Ltd. was formerly known as Chongqing Auto Finance Co., Ltd., which was established in Chongqing in August 2012 with the approval of China Banking and Insurance Regulatory Commission. At that time, the registered capital was 500 million yuan; In November 2015, the China Banking Insurance Regulatory Commission approved the actual controller and registered capital changes, and the registered capital increased to 2.5 billion yuan. The Banking Insurance Bureau approved changes to the company's name and articles of association, and later restarted the business under the current name of "Changan Automobile Finance Co., Ltd." In December 2017, China Ordnance Equipment Group approved the company to increase its capital again to 4.77 billion yuan.

It is understood that Chang 'an Auto Finance Co., Ltd. has the first auto finance license in the western region approved by the China Banking and Insurance Regulatory Commission. Currently, the company is owned by China Ordnance Equipment Group Co., Ltd.(hereinafter referred to as "Weapon Equipment Group"), Chongqing Chang 'an Automobile Co., Ltd.(hereinafter referred to as "Chang' an Automobile"), Weapon Equipment Group Finance Co., Ltd. and Chongqing Yufu Capital Operation Group Co., Ltd. jointly hold shares and are state-owned holding financial enterprises, with shareholding ratios of 30.37%, 28.66%, 20.97% and 20% respectively. Among them, Weapons Equipment Group is the controlling shareholder and actual controller of the company; the controlling shareholder of Chang 'an Automobile is China Chang' an Automobile Group Co., Ltd.; the actual controller is Weapons Equipment Group. Changan Automobile is a core vehicle enterprise under China Changan Automobile Group Co., Ltd. and a well-known domestic vehicle manufacturing enterprise. It owns Changan Qiyuan, Deep Blue, Avita, Changan Gravity, Changan Kaicheng, Changan Ford, Changan Mazda, Jiangling and other brands.

The official website of Changan Automobile Finance Co., Ltd. shows that its new car business cooperation brands include Changan Automobile, Deep Blue Automobile, Changan Mazda, Changan Ford, Avita, and Changan Auchan, providing financial services to more than 4000 auto dealers and 3.7 million auto consumers.

Welcome to subscribe to the WeChat public account "Automotive Industry Focus" to get the first-hand insider information on the automotive industry and talk about things in the automotive circle. Welcome to break the news! WeChat ID autoWechat