Weihe International Commercial Factoring Co., Ltd.

Weihe International Commercial Factoring Co., Ltd. is a state-controlled commercial factoring company established in July 2016, jointly funded by Jiangxi Tengbang Investment Development Co., Ltd. (a subsidiary of Nanchang Materials Group, a state-owned enterprise of Nanchang City) as the controlling shareholder, Jiangxi Haiji Financial Leasing Co., Ltd. (a state-owned enterprise of Jiangxi Province), Nanchang Third Construction Engineering Co., Ltd. (a state-owned enterprise of Nanchang City), and others, with a registered capital of 100 million yuan.
The company is mainly engaged in commercial factoring, trade financing, supply chain financing, sales ledger management, accounts receivable management, and other businesses. It has established customer relationships with numerous domestic high-tech, pharmaceutical, logistics, new energy, and large supermarket enterprises. Its business covers the whole country, mainly solving the financing difficulties and high financing costs for small and medium-sized enterprises.