Zhejiang Mingfa Financing guarantee Co., LTD.; a subsidiary of the group, was founded in 2004 with a registered capital of 105 million yuan. The company has long been committed to the automotive finance supply chain services, taking Zhejiang province as the center, covering the core area of the Yangtze River Delta, with more than 80 service outlets, staffed by more than 3,000 service staff, and serving more than 90,000 customers in 5 years. During the 14th five year Plan period, the company will change from a single auto financing service to a full-life auto service and a house credit service through stable customer acquisition channels, whole-process asset management and full-cycle customer service.