JIC Leasing was officially accessed to the credit reporting system of the People’s Bank of China on January 30 and has begun submitting enterprises’ credit data since then.

On July 7, 2016, JIC Leasing became one of the first 20 financial leasing enterprises in Beijing that qualified to be accessed to the credit reporting system of the People’s Bank of China. With continued efforts of over more than a year’s time, JIC Leasing formally completed the establishment of an enterprise credit information submission system required by the People’s Bank of China and passed the acceptance test.

After continuously and steadily submitting data for three months, JIC Leasing will have the right to apply for the authority of querying enterprises’ credit reports. In this way, it shall know its customers from multiple dimensions, and enhance its risk prevention and control capacity.

The credit reporting system is a core part of China’s initiative to build a national credit system. It is an important tool to prevent financial risks. JIC Leasing’s access to the credit reporting system has signaled the People’s Bank of China’s recognition of its ability to manage credit information. At the same time, it will drive the Company to consistently enhance its risk control capability.