With the driving force of the automotive aftermarket industry chain, financing leasing company has begun to become popular. Especially for those OEMs and dealers in the automotive industry, financial leasing companies or financial leasing business are the performance of their emphasis on auto finance and car leasing business.
From the current perspective, traditional leasing companies, bank-based leasing companies, leasing companies led by OEMs, dealer-based leasing companies and emerging Internet financing companies can be roughly divided into the main players in the current automobile financing leasing market. Dealers are also following the trend when they get involved in financial leasing, after all, auto finance is closely related to the trading market.
From one perspective, the threshold for people to buy cars has been greatly reduced due to financial leasing, which has attracted many customers to increase profits for dealers, so that the profit points of dealers are not limited to purely selling cars, which is also a major economic structure change for dealers; from another perspective, dealers have unique advantages to provide leasing services because their channels cover a wide range of channels and can better meet customers' financial needs. Therefore, the one who is extremely enthusiastic about financial leasing is that more dealers than OEMs. According to the survey, by 2015, 78 dealer groups in my country have established financial leasing companies, but not all of them have developed well. Well-known ones include Guanghui Automobile's Huitongcheng, Yongda Automobile's Yongda Financial Leasing, etc., and there are more people working hard to survive.
This article has compiled the largest domestic financial leasing companies, so that we can understand the background of these dealers in more detail, and we can also see the basic layout of dealers in financial leasing business. companies who want to do RV rental can pay more attention to them. (ps: Since many listed dealer groups have not yet released their third quarter reports or the financial business is not mentioned in the third quarter reports, the following data of financial leasing companies are still mainly based on semi-annual report data. At the same time, the financial leasing companies listed in the article have not exhausted all dealers are leasing companies. Friends are welcome to actively supplement~)
Hui Communication Cheng Leasing Co., Ltd.
affiliated with dealers: Guanghui Auto
Established on December 1, 2011
Registered capital: 2160 million yuan
Company Profile:
Hui Communication Cheng Leasing (formerly Guanghui Leasing) was established in 2011 with a registered capital of more than 2 billion yuan and is headquartered in Pudong, Shanghai. Since its establishment in 2011, it has provided car purchase and financing leasing services to nearly 300,000 customers and provided used car financing leasing services to more than 80,000 customers. Currently, the business covers 30 provinces, cities and autonomous regions across the country, with more than 200 exhibition cities, more than 500 cooperative dealers, nearly 200 cooperative merchants, and more than 300 used car merchants. Huitongcheng Leasing (formerly Guanghui Leasing) has won the "Best Auto Finance Leasing Product Award" of the Automobile Industry Distribution Association, "Business Model and Service Model Innovation Award" and the "2013 Best Financial Leasing Company Award" of the China Automobile Finance Annual Conference, and has become the first automobile finance leasing company in China to carry out asset securitization. Guanghui Auto Services Co., Ltd., a parent company of
, is China's number one passenger car seller, China's largest passenger car financing leasing provider and China's largest used car transaction agent. In June 2015, Guanghui Auto successfully entered the A-share market.
Guanghui Auto's first half of the 2017 financial report showed that its revenue from January to June was 70.283 billion yuan, a year-on-year increase of 30.78%; its net profit was 2.002 billion yuan, a year-on-year increase of 45.08%. Among them, Huitong Cheng's total assets in the first six months were 15.474 billion yuan and net profit was 241 million yuan.
Pangda Leye Leasing Co., Ltd.
Affiliated dealer: Pangda Group
Established on April 30, 2009
Registered capital: 2916.67 million
Company Profile:
Pangda Leasing Co., Ltd. was registered and established at the Luan County Industry and Commerce Administration Bureau of Tangshan City on April 30, 2009. The legal representative Liu Zhenhong, the company's business scope includes financial leasing, car leasing, construction machinery leasing, equipment leasing, etc. The shareholders are Pangda Auto Trade Group Co., Ltd. (85.7142%) and Ping An Trust Co., Ltd. (14.2858%).
Revenue and net profit in the first half of this year are as follows:
Pangda Olix Car Rental Co., Ltd.
Affiliated dealer: Pangda Group
Established on May 15, 2012
Registered capital: 300 million RMB
Company Profile:
Pangda Olix Car Rental Co., Ltd. is a joint venture between Pangda Auto Trade Group Co., Ltd. (75%) and Olix Group (25%) specializing in providing long-term car rental and full-service services to corporate legal customers. Their main products include car financial leasing, car operating leasing, car after-sales leasing, etc. The two sides fully utilize their respective professional advantages, join forces, and are guided by customers' personalized needs, and are committed to providing Chinese customers with exclusive rental products and professional-level enterprise car services covering the whole country.
Pangda Group's revenue in the first half of 2017 was 32.957 billion yuan, a year-on-year increase of 14.63%; net profit was 297 million yuan, a year-on-year increase of 379.58%. The non-who has a subsidiary Pangda Olix Automobile Leasing Co., Ltd. has revenue from January to June this year of 19.8793 million yuan and a net profit of 8.6551 million yuan.
Wuhu Yaxia Financing Leasing Co., Ltd.
Affiliated dealer:Yaxia Auto
Established date: May 31, 2013
Registered capital: 760 million
Company profile:
Wuhu Yaxia Financing Leasing Co., Ltd. was registered and established in May 2013 with the Market Supervision and Administration Bureau of Jiujiang District, Wuhu City. The legal representative Zhou Xiayun . The company's business scope includes financial leasing business and leasing property purchases related to financial leasing and leasing business. The parent company, Yaxia Automobile Co., Ltd., is one of the top ten passenger car dealership service providers in the country and the first batch of parallel import pilot enterprises in China. Yaxia Auto was listed on the Shenzhen Stock Exchange in August 2011.
In the first half of 2017, Yaxia Auto's revenue was 2.877 billion yuan, a year-on-year increase of 3.5%; net profit was 42.59 million yuan, a year-on-year increase of 29.94%. The subsidiary Wuhu Yaxia Financial Leasing Co., Ltd. has revenue of RMB 19.28 million and net profit of RMB 9.05 million.
In the third quarter report of Yaxia Automobile, it is expected that its net profit will increase by about 10% to 40% in 2017. One of the important reasons for its performance growth is that the continued growth of automobile finance and insurance service business and the increase in profit contribution.
Shanghai Yongda Financial Leasing Co., Ltd.
affiliated with dealers: Yongda Automobile Group
Established on March 29, 2013
Registered capital: 300 million RMB
Company Profile:
Shanghai Yongda Financial Leasing Co., Ltd. is a wholly-owned subsidiary of China Yongda Automobile Service Holding Co., Ltd. (referred to as Yongda Group, a Hong Kong listed company). Relying on Yongda Group's strong strength in the automotive industry, we have the mission of realizing customer dreams and achieving employee development, and actively provide customers with professional, fast and differentiated car financing and leasing services. The company currently mainly provides financial support for Yongda Group's automobile sales, and its business scope mainly includes passenger car financing and leasing. With the development of the company, the company will continue to expand its scope of financial leasing business, actively innovate its business models and operating mechanisms, base itself on Shanghai and radiate across the country, and become a leading domestic and internationally renowned financial leasing company.
According to the 2017 mid-year report of Yongda Auto Group, Yongda achieved revenue of RMB 391 million in automobile finance and insurance agency services, a year-on-year increase of 37.3%; and achieved revenue of RMB 151 million in financial proprietary business, a year-on-year increase of 131.8%.
Yongda's third-quarter performance forecast shows that the group's financial and insurance agency service revenue in the third quarter was 227 million yuan, an increase of 27.8% over the same period last year; revenue from January to September was 619 million yuan, an increase of 33.7% over the same period last year. In terms of self-operated financial business, the group's business revenue in the third quarter was 110 million yuan, a year-on-year increase of 203.5%; from January to September, a year-on-year increase of 225 million yuan, a year-on-year increase of 162.1%.
Huiyi Financing Leasing (Tianjin) Co., Ltd.
affiliated with dealers: Guoji Auto
Established on June 17, 2015
Registered capital: US$103 million
Company Profile:
Huiyi Financing Leasing (Tianjin) Co., Ltd. was established in 2015 and is a wholly-owned subsidiary of Guoji Automobile. Its equity structure is that Guoji Automobile holds 75% of the shares and Zhongjin Hong Kong holds 25% of the shares (China Automobile wholly-owned subsidiary Zhongjin Automobile Trade holds 100% of the shares in Zhongjin Hong Kong).In early 2017, with the approval of the People's Bank of China Credit Reporting Center, Huiyi Financial Leasing successfully connected to the central bank's enterprise credit reporting system.
In the first half of 2017, China National Machinery Automobile achieved revenue of 25.582 billion yuan, a year-on-year decrease of 2.76%; net profit of 503 million yuan, a year-on-year increase of 18.74%. In the first half of 2017, the company used its own funds to increase its capital by 500 million yuan in Huiyi Financing, and steadily and actively carried out financial leasing business around the strategic goal of "focusing on the main business and moderate diversification".
In the first half of 2017, Huiyi's financing business issued a total of 19 transactions, with an investment amount of nearly 2 billion yuan, achieving rapid growth in the business scale.
Huiyu (Shanghai) Financial Leasing Co., Ltd.
affiliated with dealer: Rundong Auto
Established on September 30, 2013
Registered capital: US$30 million
Company profile:
Huiyu (Shanghai) Financial Leasing Co., Ltd. was originally named Rundong Huiyu (Shanghai) Financial Leasing Co., Ltd., established in 2013. Backed by Rundong Automobile, we will carry out automobile financing leasing business and establish an open automobile financing service platform. Rundong Automobile uses this as a platform to broaden financial channels and integrates the financial resources of the group and its subsidiaries.
In the first half of 2017, Rundong Automobile obtained 85 million yuan in financial agency service revenue, a year-on-year increase of 64.3%, and the penetration rate of automobile financial agency business increased by 10 percentage points year-on-year to 42%.
Shanghai Zhengtong Dingze Financial Leasing Co., Ltd.
affiliated with dealer: Zhengtong Auto Group
established on July 29, 2014
registered capital: US$100 million
Company profile:
Shanghai Zhengtong Dingze Financial Leasing Co., Ltd. was established in July 2014 and is affiliated with Zhengtong Auto Group (a Hong Kong listed company), committed to building a full-industry service chain for the industry's automobile finance leasing. The team members are all from mature automobile sales companies, with good network resources, strong risk control and sales capabilities, ensuring the smooth development of the business while the risks are controllable. External channels combine online platforms such as Didi, offline platforms such as its own 4S stores and SPs.
In the first half of 2017, Zhengtong Automobile Group built a gradually mature financial sector around Dongzheng Automobile Finance Company. Provide diversified and differentiated product services such as Dongzheng Finance exclusive financial products and Zhengtong Dingze Financial Leasing products based on online and offline customer needs.
Derong International Financial Leasing Co., Ltd.
affiliated with dealers: Changjiu Group
Established on January 6, 2014
Registered capital: 111.590415 million
Company Profile:
Derong International Financial Leasing Co., Ltd. is a company under Changjiu Group, a professional financial leasing company focusing on related businesses of the automobile industry. With the mission of "focusing on automobile finance, driving industry development, and achieving outstanding employees", the company provides professional financial leasing and asset management services to manufacturers, financial institutions, dealers, and terminal consumer customers in the automobile industry chain. Since its establishment, the Auto Finance Business Center business has flourished and has carried out creative business in many fields such as automobile passenger cars, commercial vehicles, used cars, etc. At the same time, it has carried out general-to-general cooperation with many automobile manufacturers and large dealer groups, with business scope covering more than 20 provinces and municipalities across the country. As of June 2016, the company has completed a total of 1 billion yuan in vehicle financial leasing, with a total asset of 700 million yuan, ranking among the top third-party leasing companies in vehicle professional categories. Jilin Changjiu Industrial Group Co., Ltd. (hereinafter referred to as Changjiu Group), the parent company of
, was founded in 1992. It is committed to building a global and capitalized automobile value chain integration operation platform to provide professional services to all links of the automobile value chain. After 25 years of hard work, its business covers multiple sectors of automobile logistics, automobile sales and services, automobile finance, automobile modification, automobile distribution e-commerce, automobile clubs, and automobile tourism, and continues to explore extended businesses in the automotive field.
Henan Harmony Auto Financing Leasing Co., Ltd.
Affiliated to dealer: Harmony Auto (China Helun New Energy Vehicle Holdings Co., Ltd.)
Established date: June 14, 2013
Registered capital: 250 million Hong Kong yuan
Company profile:
Henan Harmony Auto Finance Leasing Co., Ltd. is an indirect wholly-owned subsidiary of Harmony Auto and was registered and established in June 2013 with the Henan Provincial Administration for Industry and Commerce. The legal representative is Feng Changge . The company's business scope includes financial leasing business, leasing business, purchasing leasing property from home and abroad, etc.
Harmony Auto wrote in its first half of 2017 financial report: The Group has increased its efforts in the development of automobile finance since the first half of 2017. On the one hand, it actively develops agency business, improves automobile finance penetration rate, and increases commission income; on the other hand, it actively develops its own automobile finance business. Henan Harmony Auto Finance Leasing Co., Ltd., an indirect wholly-owned subsidiary of the Group, has entered the group's dealer outlets, and its business has developed smoothly.
Lujin Shenhua Financial Leasing Co., Ltd.
Investment Distributor: Shenhua Holdings
Date of establishment: November 6, 2015
Registered capital: RMB 500 million
Company Profile:
Lujin Shenhua Financial Leasing (Shanghai) Co., Ltd. (hereinafter referred to as "Lujin Shenhua"), was established in November 2015. It is a financial leasing institution approved by Ministry of Commerce of the People's Republic of China and is registered as China (Shanghai) Pilot Free Trade Zone. Lujin Shenhua has a strong shareholder background and is jointly established by Shenhua Holdings, a subsidiary of FAW Group, SHK Venture Capital, a subsidiary of Sun Hung Kai Co., Ltd., and Beijing Yunqi Internet Investment Co., Ltd., a subsidiary of 58 Group. Among them, Shenhua Holdings is one of the earliest companies to issue stocks and list in the Chinese securities market. In recent years, it is committed to becoming a leading domestic comprehensive service provider for automobile consumption.
Lujin Shenhua makes full use of the policy resources of the Shanghai Free Trade Zone, strives to give full play to the brand, professional and financial advantages of major shareholder companies, with the vision of "the flagship of automobile financial services full of innovation and vitality", focuses on the entire automobile industry chain, actively invests in advanced manufacturing, modern service industries, medical and health care and environmental protection industries, and provides enterprises and individuals with one-stop overall financial service solutions.
Zhejiang Zhongda Yuantong Financial Leasing Co., Ltd.
Affiliated to dealers: China Products Zhongda Group (Yuantong Automobile)
Established on October 28, 1996
Registered capital: 75717.4151 million
Company Profile:
Zhejiang Zhongda Yuantong Financial Leasing Co., Ltd. was founded in 1996 with a net asset of 1.38 billion yuan and an operating scale of over 2 billion yuan. In 2007, the company was approved as a domestic capital pilot financial leasing qualification of the Ministry of Commerce and the State Administration of Taxation. The business involves commercial vehicles, passenger car financing leasing, car business leasing, equipment financing leasing, etc., and the number of rental vehicles owned by the province is the largest in the province.
Lixingxing Financing Leasing (China) Co., Ltd.
affiliated with dealer: Lixingxing Automobile
Established on February 29, 2008
Registered capital: US$370 million
Company Profile:
Lixingxing Financing Leasing (China) Co., Ltd. is a financial service institution under Hong Kong Lixingxing Group. The company was invested and established in early 2008 and is the first financing company in Suzhou approved by the Ministry of Commerce.
Company is committed to the financing and leasing services of various equipment with a unique, professional and international development policy. Its service targets include private enterprises, state-owned enterprises, foreign-funded enterprises and other enterprises and high-tech small and medium-sized enterprises, with service areas covering the whole country.
Dachangxing Financial Leasing (Shanghai) Co., Ltd.
Affiliated dealer: Dachangxing Group
Date of establishment: April 3, 2009
Registered capital: 170 million RMB
Company Profile:
Original name was Dachangxing Car Rental Service (Shanghai) Co., Ltd., and officially started service in July 2009. The company is headquartered in Shanghai and has a huge service outlet. The parent company is Dachangxing Group Co., Ltd. , which exclusively represents a number of famous European and Japanese private cars, commercial vehicles and even special vehicles in Hong Kong.
Hengxin Future Financial Leasing Co., Ltd.
affiliated with dealer: Hengxin Auto
Established on July 22, 2016
Registered capital: 200 million
Company Profile:
Hengxin Automobile wholly-owned subsidiary was established in July 2016, with the address in , Hanyang District, Wuhan City. In line with Hengxin Auto's strategic layout, this company that has not been established for a long time is actively developing its financial leasing business to further optimize user experience and services.
Honggao Financing Leasing of Hunan Jinxiang Group
Affiliated with the dealer: Hunan Jinxiang Group
Established on December 1, 2011
Registered capital: RMB 260 million
Company Profile:
Honggao Financing Leasing Co., Ltd. was established in 2011 with the first batch of comprehensive financing leasing Sino-foreign joint ventures established by Honggao Financing Leasing Co., Ltd. in 2011 with the approval of Hunan Provincial People's Government (Shang Foreign Investment Hunan Singzi [2011] 0072). The company is located in the beautiful star city of Changsha. Honggao's financial leasing business mainly includes: automobile finance retail business, automobile finance institution business, equipment finance leasing business. Auto value-added services include: car insurance, community car services, ETC business, shared car rental, used car evaluation, replacement and other full car service systems.
Duosheng Financing Leasing
Dealer: Jiaochen Group
Established on August 9, 2013
Registered capital: US$30 million
Company profile: Financial leasing business; leasing business; purchase of leasing property from home and abroad; residual value processing and maintenance of leasing property; leasing transaction consultation and guarantee. Financial information consulting services.
Baiqian Leasing
Established: 2014
registered capital: US$30 million
Company profile:
Baiqian Financial Leasing Co., Ltd. is a financial leasing company serving individual consumers and enterprises and institutions' automobile consumption installment installments. It is committed to providing car purchase financing leasing products and convenient and fast automobile financial services.
was founded in 2014 and is headquartered in Shenzhen. At present, it has carried out financial leasing business such as automobile finance in 32 provinces and cities across the country. The company has deepened the diversified development of the automobile finance field and will further extend related business areas in the future to provide customers with comprehensive automobile finance solutions.
Judging from the above information, automobile finance has become an important extended business and new profit point for dealer groups in addition to automobile sales and maintenance. Many auto dealers mentioned their layout in their auto finance business in their semi-annual reports, and their financial leasing companies also contributed more and more revenue. However, it should be mentioned that only a few of many financial leasing companies have large-scale and visibility, and most financial leasing companies are still in a small-scale development state.
article part comes from "kk Auto Finance Industry Research". If there is any infringement or information error, please contact the editor to delete
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