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Company profile
Shan Dong Re-guarantee Group CO., LTD is a large state-owned enterprise with provincial level. It is approved to found by the People’s Government of Shan Dong province. It was founded in September, 2009 and the registered capital is 985 million. It was invested to establish by state asset investment holding Co., LTD of Shan Dong province and 16 corporations including Ji Nan, Yan Tai, Wei Fang, Zi Bo, Ji Ning, Dong Ying, Tai An, Lin Yi, De Zhou, Zao Zhuang, Wei Hai, Liao Cheng, Bin Zhou, Ri Zhao, Lai Wu. The long term credit rating of company’s main is AA+ and guarantee qualification is AAA. The company has General Meeting of Shareholders, Board of Directors, Board of Supervisors and Executive Management. Under Business Review Mechanism has Evaluation Committee and Committee of Experts. The inner departments are office Business, department Risk, Management Department, Strategic Development, Finance Department and HR. Wholly-owned subsidiary is Shan dong Enterprise credit Guarantee CO., LTD. Holding subsidiary is JI Nan Guo Xin Hock CO., LTD. The business scope includes re-guarantee, joint guarantee and other guarantee businesses that improve the development of economy and society; administration and operation and re-guarantee. And credit evaluation, technical service and credit and guarantee which are relative to main business and so on.(It was determined after negotiating with province financial office.)
Re-guarantee Group Co., LTD takes “serving for small and medium-sized enterprises, promoting the whole province’s economic development” as the purpose, providing the credit re-guarantees service for the guarantee company in Shandong province, crediting for guarantee agencies, improving the ability of small and medium-sized enterprises to raise capital, implementing the country’s industrial policy to support the small and medium-sized enterprises, promoting the economic development sound and rapidly.
Honors
In 2010, Joint Credit Managem
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