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New car loan service in Beijing

By Rong Xiandong (chinadaily.com.cn)
Updated: 2007-03-14 09:24

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A car loan service center has been set up in the Beijing Asian Games Village Automobile Exchange to provide credit service for various brands of passenger cars and commercial vehicles.

The center is invested by Xinyuan Guarantee (皇冠体育app) Co Ltd, which was established in January 2007 in Tianjin, its 皇冠体育app headquarters, with a registered capital of 600 million yuan (US$77.45 million). Investors of Xinyuan Guarantee are investment banks from Japan and Hong Kong.

Xinyuan Guarantee mainly specializes in car credit business in addition to other businesses including credit guarantee and management, consultation and training services.

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