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 Longkou Nanshan Small Loan Co., Ltd. was established in December 2008. As the initiator, Nanshan Group Corporation made the investment jointly with other 8 investors strictly in conformity with Instructive Opinion on Small Loan Company (Yin Jian Fa‐2008／No.23) and Provisional Administrative Measures on Shandong Province Small Loan Company (Lu Jin Ban Fa‐2008／No.1).
Longkou Nanshan Small Loan Co., Ltd., with the registered capital of RMB 100 million yuan, is located in the Nanshan Industrial Park, Longkou, Shandong Province. The main business scope includes: transacting small loans in the city and carrying out advisory services such as small enterprise development, management, finance, etc. and other approved operations. As regulated, the loan rate of Longkou Nanshan Small Loan Co., Ltd. shall be fluctuated from 0.9 times to 4 times of the ruling rate of loan interest issued by the People’s Bank of China. Longkou Nanshan Small Loan Co., Ltd. will continue make efforts to allot financial resources effectively, gather folk capital and lead it to villages and small enterprises, perfect the financial service in rural areas, solve the loan difficulties of small enterprises and ensure the supply of capital to small enterprises and “agriculture, rural area and farmer”.
Longkou Nanshan Small Loan Co., Ltd. will establish sound management mechanism in conformity with laws and regulations, improve management level continually and carry out standardized and ordered operation. Relying on the strong capital capacity, rich enterprise operating experience and the professional ability in financial area of establishing group financial company of Nanshan Group, it will continually improve the operation ability and service level, provide all-around financial and advisory service for middle and small enterprises and meet the various requirements of the folk to capital. |
