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03963 RONGZHONG FIN

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  • 0.500
  • -0.040-7.41%
Not Open Nov 27 16:08 CST
295.15MMarket Cap-23809P/E (TTM)

About RONGZHONG FIN Company

We are a leading financial leasing company in Hubei Province and have the longest operating history among financial leasing companies in Hubei Province. According to Orient International's survey results on March 31, 2015, we ranked first with total assets of RMB 1.73 billion. Since our establishment in 2008, we have continued to focus on the financing needs of small and medium-sized enterprises in Wuhan City and Hubei Province. We have an excellent location advantage and seize the golden opportunities brought by the Chinese government's central development plan. Since Wuhan City and Hubei Province are hubs in central China, we believe that the development and progress of enterprises and industries in Hubei Province will receive a great deal of attention and resources. With our established reputation and years of experience in serving small and medium-sized enterprises in Hubei Province, we believe that the future development of the Central China region will provide us with many promising business opportunities. Over the years, we have accumulated more knowledge and experience in meeting the financing needs of several major industries in Hubei Province, including laser processing, plastics, industrial processing, textiles and clothing, and hotels and leisure. Small and medium-sized enterprises in the industry have continuing financing needs that cannot be met by traditional financing methods. We expect that financial leasing will continue to be in demand in these industries. Furthermore, in the current economic environment, we believe that the transportation (automobile and aircraft), medical equipment, and educational equipment industries have growth potential, and have taken active steps to enter the industry. Despite the recent overall slowdown in China's economy, we can continue to increase earnings. The slowdown is in line with our expectations, so we have made strategic decisions to focus on developing our existing customers and improving our risk management capabilities. We adopted a prudent and conservative strategy in 2014 and did not actively expand our customer base; however, we continued to sign new financial leases, including re-leasing with our existing customers. As a result, we were able to maintain the growth of our financial leasing receivables portfolio from the year ending 2014/3/31 to the year ending 2015/3/31, and achieved a slight increase in earnings.

Company Profile

Symbol03963
Company NameRONGZHONG FIN
ISINKYG2119M1087
Listing DateJan 28, 2016
Issue Price2.11
Shares Offered100.00M share(s)
FoundedJun 5, 2015
Registered AddressCayman Islands
Secretaryjinghui zheng
Audit InstitutionDahua Ma Shiyun Certified Public Accountants Co., Ltd.
Company CategoryOverseas registration of Mainland Individuals control
Registered OfficeThird Floor, Century Yard, Cricket Square, P.O. Box 902, Grand Cayman, KY1-1103, Cayman Islands
Head Office and Principal Place of BusinessRoom 3901, 39/F, Tower 1, Lippo Centre, 89 Queensway, Hong Kong
Fiscal Year Ends03-31
Employees127
MarketHong Kong motherboard
Phone(852)2899 2682
Fax(852)2899 2029
Emailinfo@chinarzfh.com
Business China Rongzhong Financial Holdings Limited is a Hong Kong investment holding company that mainly provides financial leasing services. It provides financial leasing services and financial consulting services to leasing customers as value-added services. Its financial leasing services include direct leasing and after-sales leaseback. The company's business covers laser processing, plastics, industrial processing, textiles and garments, and the hospitality and leisure industries. It mainly operates in Hubei, China. The company's subsidiaries include Rongzhong Capital Group Co., Ltd., Rongzhong International Financial Leasing Group Co., Ltd., and Rongzhong International Financial Leasing Co., Ltd.

Company Executives

  • Name
  • Position
  • Salary
  • kaien huang
  • CEO, Executive Director, Chairman of the Risk Management Committee
  • 1.10M
  • xiaofeng liu
  • Non-executive Directors, Remuneration Committee Members, Nomination Committee Members, Audit Committee Members
  • 146.00K
  • yueyi huang
  • Non-executive Directors
  • 140.00K
  • yiyi huang
  • Non-executive Directors, Nomination Committee Members, Remuneration Committee Members, Member of the Risk Management Committee
  • 140.00K
  • mingbin huang
  • Non-executive Directors, Audit Committee Members, Member of the Risk Management Committee
  • 287.00K
  • zhirong li
  • Independent Non-Executive Director, Chairman of the Audit Committee, Remuneration Committee Members, Nomination Committee Members
  • 124.00K
  • xuyang wu
  • Independent Non-Executive Director, Audit Committee Members, Remuneration Committee Members, Nomination Committee Members
  • 114.00K
  • jinghui zheng
  • Deputy Chief Financial Officer of the Company, Company Secretary
  • --

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