China Securities Credit Investment successfully selected as the first batch of national integrated credit service providers named by NDRC

In order to cultivate the development of credit service institutions and credit service market and accelerate the construction of social credit system, on October 31st the Office of the National Development and Reform Commission (referred as “NDRC”) issued a circular on “Promoting the pilot work of the integrated credit service institutions” (No. 2018-1343). First 26 professional institutions were identified to participate in the pilot program of integrated credit service institutions, and China Securities Credit Investment Co., Ltd. (referred as “China Securities Credit Investment” or “company”) was successfully selected.

In the early March this year, NDRC issued a circular on ” Fully mobilizing credit service institutions to accelerate the construction of social credit system” (No.2018-190),  with the plan to explore a pilot program for credit service institutions in the focused industries and regions.

As a China’s leading credit-tech service provider, China Securities Credit Investment aims to build an infrastructure that serves the entire life cycle of credit assets (asset generation – asset trading and exchange – asset management). Empowered by proprietary technology, we provide integrated services that cover the entire credit value chain, from credit risk management, credit enhancement, to credit asset trading services and management,which help to reduce the cost of credit risk management, accelerate credit asset circulation, mitigate the risk of credit asset investments, and facilitate the development of real economy.

Being successfully selected as the first batch of integrated credit service institutions named by NDRC, indicates that the company’s credit technology service capabilities has been affirmed and recognized by the government departments. As a selected institution, China Securities Credit Investment will play an active role in delivering our expertise and advantages, promoting the construction of social credit system and meeting the demand for market-oriented credit services. The company is committed to exploring various fields of application including the credit information collection, processing, and evaluation, the commercial application of credit big data, credit services in the public administrative management scenario, etc. China Securities Credit Investment will adhere to the spirit of professionalism, and resolutely implement the objectives of the requirements, using our high-quality services to promote the first batch of integrated credit service institutions pilot program.

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