The first group treasury company in Zhejiang Province
About Us
  • 2002
    established
  • 1 billion 850 million
    Registered capital

Wanxiang Finance Co., Ltd. is a non-bank financial institution approved by the People's Bank of China in July 2002. It is the first finance company in Zhejiang Province and has been established for 22 years. We have served as a member unit of the Council of the China Association of Finance Companies for many consecutive years. We have won the Best Finance Company Award of the "Golden Dragon Award" on the Gold Medal List of Chinese Financial Institutions twice. We are the first finance company in the province to access the CIPS system, and the host enterprise of the second batch of pilot businesses for the integration of domestic and foreign currency funds pools in China, and the only one approved in Hangzhou. We enjoy a good reputation in the industry. The parent company of our company is Wanxiang Group, whose main businesses are manufacturing and issues related to agriculture, rural areas, and farmers, all of which belong to key national industries.

At present, we are deeply engaged in the study of the thematic education on Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era. Our company focuses on its main responsibilities and businesses, adheres to characteristic operations, implements various national policies and regulatory guidelines, and actively gives play to the political nature and people-oriented nature of finance. Our company keeps up with the development pace of various industries. With professional, efficient, and first-class financial services, we provide comprehensive, all-round, and customized financial support for the development of our group's corporate customers. The company's annual operating income is 246 million yuan, and the net profit is 269 million yuan. As of December 31, 2023, the company's balance of deposits absorbed is 20.765 billion yuan, and the balance of loans issued is 17.586 billion yuan.