Nanshan Group Finance Co., Ltd. (hereinafter referred to as “company”) aims at improving the capital efficiency, reducing the comprehensive financial cost and improving the capital and financial management level. It is a nonbanking financial institution for providing member units with financial service.

With the support and attention of leaders of each level and each department and all circles of the society, the company was approved for establishment by China Banking Regulatory Commission on November 11, 2008 and began to operate formally on December 18, 2008. The company, with a registered capital of 500 million yuan, was jointly invested and contributed by 4 group member units of Nanshan Group Corporation, Shandong Nanshan Aluminum Co., Ltd., Longkou Nanshan Hotel and Longkou Nanshan Scenic Spot Management Department and the strategic investor Haier Group Financial Co., Ltd.

The establishment of the company has strengthened the means for resource integration of the group and realized the organic blending between industrial capital and financial capital.

According to the Company Law, the company established Shareholder’s Meeting, Board of Directors and Board of Supervisors and imported two experienced independent directors. The general manager responsibility system led by the Board of Directors is implemented. The company has also established and perfected modern company administration structure, in which the Shareholder’s Meeting, Board of Directors, the Board of Supervisors and managers take their own responsibilities, carry out operations according to standards and supervise each other for realizing a balanced situation. According to the requirements for business development and management, the company set up seven functional departments of the Integrated Management Department, the Planning and Finance Department, the Credit Operation Department, the Investment Banking Department, the Capital Settlement Department, the Risk Management Department and the Auditing and Examination Department. It also has three professional committees of Risk Management Committee, Operation Decision Making Committee, Credit and Investment Decision Making Committee, which provide support for decisions of different levels.

With the tenet of “to rely on group and serve for group” and the mission of “to provide quality and effective financial service for customers with specialized standard and professional attitude”, the company has carried out the operations such as attracting deposits from member units, assisting member units in receiving and paying transaction funds, transacting loan for unit members and transacting internal account transfer and settlement and relevant settlement and liquidation scheme design among unit members.

Aimed at creating first-class financial company, the company will continually improve its core competitive power, stick to the principles of legal operation and steady operation, strengthen management, make progress while ensuring stability, make effort to improve the service level and make more contribution to the sound and fast development of the group company.

Add.：Nanshan Financial Center, 4 South Nanshan Road, Nanshan Industrial Park, Longkou, Shandong Province
Tel：0535-8736659
Fax：0535-8736619
P.C.：265706