Msfinance

2015620162017201840 390011001500201710700300“50”“2016” Mashang Consumer Finance Co, Ltd is a licensed financial institution by CBRC (China Banking Regulatory Commission). It officially opened in June, 2015, with a uniquely diverse and empowering shareholder structure that consists of SOEs such as CBEST and Bank of Chongqing, as well as civil entities like Wu-Mart, Sunshine Insurance Group and China Commodities City Group. MS has a very versatile and diverse stakeholder structure. It completed 3 rounds of expansion and financing in 2016, 2017 and 2018 in a line. The registered capital reaches 4 billion RMB. Powerful R&D capability and big-data-based decision making have enabled a fully automatic service responding mechanism, 24/7 and 365, which continue to boost inclusive and environmentally friendly financial services to all. Now MS has in total 39 million registered users, distributed accumulatively 110 billion RMB of loans and created more than 1500 jobs. In merely 2017, the company paid 1 billion RMB of tax. MS has become a powerful job-creating engine for Chongqing. Its R&D team has around 700 people; big data team, 300 people. MS is the leading organization of the research on fin-tech advancement in Chinese non-banking financial institutions and made the front-page headline on People’s Daily. In the past three years, MS was honored as “Top 50 Chinese Fin-Tech Companies” by KPMG and gained the award of “Top 10 Innovation Platforms for Chongqing Economy” in 2016 among many other honors and praises. MS is making tremendous contribution to the entrepreneurship, innovation and tech-driven vibe in Chongqing.