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                              Development
                              2014
                              • In June 2014, we became the vice president council member of the standing committee of the Automotive Financing Specialized Committee of China Banking Association (中國銀行業協會汽車金融專業委員會副主任理事單位).
                              • In December 2014, we were awarded "2014 Most Promising Automotive Financing Company (2014最具成長性汽車金融公司)" by Money Weekly (《理財週報》).
                              2013
                              • In January 2013, our registered capital increased from RMB500 million to RMB1,000 million.
                              • In May 2013, we expanded our consumer automotive loan business to used vehicles.
                              • In July 2013, we established cooperative arrangement with Qoros Automotive Co., Ltd. to provide the dealer financing loans to Qoros-authorized dealers and consumer automotive loans for Qoros series.
                              • In 2013, we also entered into cooperative agreements with certain automobile manufacturers in China.
                              • In December 2013, Chery Automobile transferred a 31% equity interest in our Company to Chery Holdings.
                              • In December 2013, our Simplified Loan product series was awarded "2013 China Best Automotive Financing Products (2013中國最佳汽車金融產品)" by Money Weekly (《理財週報》).
                              2012
                              • In April 2012, we expanded our consumer automotive loan business to non-Chery brands.
                              2009
                              • In April 2009, our Company was established as the first domestic brand automotive financing company approved by CBRC in the PRC, which was jointly invested by a Chinese domestic brand automobile manufacturer, Chery Automobile, and a local commercial bank in China, Huishang Bank.

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