Chongqing Hualong Qiangyu Credit Management Co., Ltd. (hereinafter referred to as "Hualong Credit") was established in October 2014. It is a controlled subsidiary of Chongqing Hualong Net Group Co., Ltd., a third-party social credit agency in Chongqing that has passed the review of the People's Bank of China Chongqing Operations Office and obtained the "Enterprise Credit Business Operation Filing Certificate", and the construction unit of Chongqing's credit information platform "Credit Chongqing", with a registered capital of RMB 20 million.
The "Internet+" credit platform independently innovated and developed by Hualong Credit is an advanced credit platform for enterprise credit information management relying on cloud technology and big data. Based on the three-dimensional credit theory proposed by renowned economist Professor Wu Jingmei, it has formed a comprehensive credit rating model from three dimensions: compliance, integrity, and contract fulfillment, providing customers with credit reporting services and credit information value-added services, and providing comprehensive solutions for "social credit system construction" and "industry credit reporting" for governments and industries, assisting governments, enterprises, financial institutions and other organizations in scientific decision-making.
Hualong Credit's powerful information collection function will penetrate into fields such as finance, government affairs, government procurement, bidding and tendering, financial fund support, and market access. In addition to traditional financial information, it also includes regulatory information from government functional departments, evaluation information from industry associations (social organizations), bank credit information, enterprise financial information, media evaluation information, as well as consumer rights protection information under real-name systems, internal employee evaluation information, etc., automatically organizing, storing, and processing to generate enterprise and institutional credit reports according to unified rules. As of October 2017, in terms of information collection, Hualong Credit has collected over 50 million organizational users in China, over 2 million in Chongqing, and collected more than 500 million pieces of organizational information.
Hualong Credit has established branches in 9 districts and counties including Nan'an, Kaizhou, Liangping, Qijiang, Yuzhong, Fengjie, Fengdu, Jiangjin, and Dianjiang. At the same time, Hualong Credit has signed strategic cooperation agreements on social credit system construction with governments of 17 districts and counties including Fengdu, Qijiang, Banan, Jiangjin, Hechuan, Dianjiang, Wuxi, Xiushan, Jiulongpo, Shizhu, Nan'an, Fengjie, Changshou, Shapingba, Wulong, Beibei, and Bishan. Under the guidance and cooperation of various government departments and relevant financial institutions, it will make every effort to build the credit platform, fully improve credit data collection, actively participate in the market-oriented operation of credit products, and strive to create a good credit atmosphere.
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