Chongqing Import and Export Financing Guarantee Co., Ltd.

Chongqing Import and Export Financing Guarantee Co., Ltd. is a nationwide guarantee institution established in January 2009 as a joint venture between Yufu Holdings, representing Chongqing SASAC, and the Export-Import Bank of China, on the basis of the Memorandum of Financial Cooperation on Comprehensive Urban-Rural Coordinated Reform signed by the Chongqing Municipal Government and the Export-Import Bank of China. The company has a registered capital of 3 billion yuan, of which Yufu Holdings holds 60% and the Export-Import Bank of China holds 40%. As of the end of 2021, the company had total assets of 6.6 billion yuan and net assets of 4.1 billion yuan, with a corporate credit rating of AA+. It serves as vice president unit of the China Financing Guarantee Association and the Chongqing Financing Guarantee Association, and has received over 30 honors including the "State-owned Enterprise Contribution Award," "National Most Credible Guarantee Institution," and "China SME Most Valuable Service Provider."
With the goal of building "Smart Guarantee," the company adheres to the strategic development path of "Finance + Technology + Platform," fulfills its responsibilities as a state-owned enterprise, develops inclusive finance, and supports the real economy and SMEs. It currently has 14 internal departments, 4 out-of-town branches, and 5 subsidiaries. It has established a main business structure featuring coordinated development of indirect financing, direct financing, and non-financing guarantees; formed a diversified business system with guarantee as the main body and coordinated development of investment, commercial factoring, re-guarantee, microcredit, technology, and consulting businesses; cultivated guarantee service capabilities and big data risk control capabilities based on fintech empowerment with "7×24 hours non-stop" online and offline services; and formed a business layout with Chongqing as the core, expanding along the Belt and Road, the Yangtze River Economic Belt, the Chengdu-Chongqing Twin-City Economic Circle, and the Southward Corridor. To date, the company's business covers 31 provinces, municipalities, and autonomous regions across the country; it has provided over 250 billion yuan in financial support to more than 13 million clients including various enterprises, individual businesses, and financial consumers.
Looking ahead, the company will adhere to Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era as its guide, focus on serving the real economy and supporting SMEs, strive to build a "first-class comprehensive financial service provider," and provide more high-quality comprehensive financial services for economic and social development.