SAIC Motor, as China's largest automobile group in terms of production and sales, while focusing on vehicle manufacturing and providing consumers with high-quality automotive products, has been deeply engaged in the automotive industry finance for over two decades, continuously exploring and meeting the diverse financial needs of upstream and downstream users in the industry chain. Insight into the huge demand for financial services in the automotive industry chain, SAIC Motor established its first financial institution in 1994 and set up China's first auto finance company in 2004. After more than 20 years of exploration and practice, SAIC's financial business has continuously expanded into corporate finance, auto finance, equity investment, auto insurance, and financial leasing, repeatedly setting industry records. Today, SAIC Finance has six specialized financial service enterprises, providing financial services in segments such as auto finance, corporate finance, investment funds, insurance, financial leasing, and overseas finance. Anji Leasing Co., Ltd. was established in April 1993 with a registered capital of 3.164 billion yuan. In 2006, it obtained financial leasing qualification approved by the Ministry of Commerce and the State Administration of Taxation, becoming one of the first 20 domestic-funded financial leasing pilot enterprises. The company focuses on vehicle financial leasing business, striving to become a leader among financial leasing companies in the same industry. As of 2018, its business had covered 30 provinces and 175 cities across the country, with rapid business scale growth.
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