Seven Wolves Under The Quanzhou Huixin Small Loan Company Listed On The Main Board Of Hongkong

In September 30th,

Its Quanzhou Huixin small loan Limited by Share Ltd (hereinafter referred to as "

"Successfully listed on the road of listing, officially listed on the main board of the stock exchange of Hongkong.

13 leading local enterprises in Quanzhou have been set up.

It is understood that Huixin small loan was established in January 2010, and was launched by 13 leading companies in Quanzhou, such as the seven wolf group.

By the end of 2015, Huixin small loan was the largest local listed company in Quanzhou by lending the principal balance, and Huixin small loan was the largest licensed enterprise in Fujian Province Based on its income.

The main business of Huixin small loan is to provide security funds inventory for small, medium and small enterprises or entrepreneurs, and to provide practical and flexible short-term financing solutions to meet their financing needs such as seasonal funds, occasional capital shortage and liquidity mismatch, late investment links, and so on, providing credit based, relatively small short-term loans.

The group of small loan shareholders headed by seven wolves has diversified industries. Many shareholders have the experience of successfully creating and managing listed companies. They have rich experience in financial industry participation and modern corporate governance.

With excellent business evaluation, Huixin small loan in 2014 has obtained four counties' business license.

Since the establishment of Huixin small loan, the risk management system has been continuously upgraded, resulting in a continuous decline in the company's bad rate (up to 2.3% in December 31, 2015) and maintaining a stable state.

With the company's shareholder background, capital strength and risk management, Huixin small loan has been awarded the "A+" level of joint credit from the National Development Bank's designated credit rating agency for four consecutive years from 2012 to 2015.

Good credit helps companies to get better financing conditions and leverage ratios.

In August 2015, Huixin small loan obtained the regulatory authorities to allow banks to finance other interbank loans such as interbank borrowing and issuing corporate bonds other than banks. The amount of financing can be raised to 100% of net capital.

Therefore, the maximum leverage of Huixin small loan can reach 2 times, which is higher than that of other competitors.

。

Financing tools are more diverse.

Financing costs are more favorable

It is reported that the issuing price of Huixin small loan is HK $1.68 per share, issuing 180 million shares and raising HK $302 million 400 thousand.

The essence of finance lies in risk and credit.

Hongkong's high level of international standards, regulatory norms and market participants are mainly institutions, which will greatly enhance the inter agency credit level of the company.

Although the scale of raising funds is small, but for Huixin small loan, the future economic value of IPO is far greater than the size of this fund-raising fund.

In the future, the financing tools are more pluralistic and the financing cost is more favorable. At the same time, the optimization of leverage ratio is conducive to the breakthrough of inter agency leverage in the standard and pparent external regulatory environment.

Credit is a capital intensive and capital consuming industry. Business income is affected by both the number of customers and the growth of capital size.

After this issue, the size of Huixin small loan capital is not large compared with the traditional financial institutions, and more importantly, the subsequent expansion.