Mashang Consumer Finance

Mashang Consumer Finance Co., Ltd. (referred to as "Mashang Consumer Finance") is a technology-driven financial institution approved by the China Banking and Insurance Regulatory Commission (CBIRC) and licensed to engage in consumer finance. It officially commenced operations in June 2015, with a registered capital of currently 4 billion RMB. Its shareholders include Chongqing Department Store, Zhongguancun Kejin, Wumart Group, Bank of Chongqing, Sunshine Property & Casualty Insurance, China Small Commodity City, as well as new round of strategic investors: CICC, China Securities, and Chongqing Liangjiang Industrial Group, among other central and local state-owned capital entities.
Currently, Mashang Consumer Finance has accumulated tax payments exceeding 10 billion RMB and created over 4,000 jobs. While achieving high-quality development, it has gained high recognition from various sectors, earning the title of National High-tech Enterprise (the first in Chongqing), being selected as one of the "Top 500 Chinese Service Enterprises" for six consecutive years, ranking among the "Top 100 Chongqing Enterprises", and consecutively being listed among the "KPMG Top 50 Fintech Companies" for eight years.
Adhering to the mission of "Technology makes life easier," Mashang Consumer Finance is committed to becoming the world's most trusted financial service provider. It selects top-tier talents globally in fields such as finance, big data, and artificial intelligence, with technology talents accounting for over 70% of its workforce. It has established a technical team of over 3,000 people and a big data risk control team of over 300 people. As of March this year, it has filed 2,505 invention patents, leading the consumer finance industry in "patent count." It has also been shortlisted as a "winner in the new generation artificial intelligence industry innovation key task揭榜 unit" by the Ministry of Industry and Information Technology, elected as one of the first unit members of the Artificial Intelligence Sub-Technical Committee of the National Information Technology Standardization Technical Committee, and received first-class achievement awards in the non-bank institution category of the Banking Information Technology Risk Management Research Topics by the CBIRC. It has been repeatedly rated as an "Excellent Institution for Data Quality Work of the Personal Credit Information System" by the Credit Reference Center of the People's Bank of China.
While insisting on independent R&D, it continuously enhances industry-academia-research collaboration. It has established provincial and ministerial-level key laboratories for smart finance and big data analysis, an artificial intelligence research institute, and a postdoctoral research workstation as internal research platforms. It has also co-built laboratories with 21 universities and research institutions, including the Chinese Academy of Sciences, Nankai University, and Huazhong University of Science and Technology, and co-founded the national first and Chongqing's only "National Applied Mathematics Center," providing talent and technical support for promoting high-quality industry development and contributing to the construction of Digital China.