A microfinance company, initiated primarily by Yue Gong, has been officially established.
Release Date:
2012-05-17 17:37
Shaoxing Yuecheng Huaiyuan Microfinance Co., Ltd. was officially established on May 11, 2012, with our company (Yuegong Holding Group Co., Ltd.) serving as the principal initiator and investor. The registered capital stands at RMB 200 million, and the company is located in the Diding New City—within the Kunlun Business Center—boasting a prime location, convenient transportation, and a vibrant commercial district.
The company primarily engages in various micro‑loan services, provides business development, management, and financial advisory services, and conducts bill discounting, asset transfers, as well as other approved activities. The establishment of the micro‑loan company not only enables it to proactively serve small and medium-sized enterprises and agricultural, rural, and farmer‑related businesses, creating favorable conditions for their growth, but also offers our company a platform to enter the financial services sector, explore financial development, reform, and innovation, and further advance its mission of supporting SMEs and the “three rural” sectors.
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