NORTH INDUSTRIES GROUP FINANCE COMPANY LTD.(bing gong cai wu you xian ze ren gong si )

Ordnance Finance Co., Ltd

With the approval of the people's Bank of China, ordnance Finance Co., Ltd. (formerly North Industrial Group Finance Co., Ltd.) is a non bank financial institution of China Ordnance Industry Corporation. At present, it is the only financial institution and one of the important supporting institutions within the group.

In November 2020, it was awarded the sixth national civilized unit.

brief introduction

After more than ten years of continuous exploration and hard practice, the company has developed from playing the role of internal capital adjustment in the financial field to one of the financing channels of the group company, and then gradually grown into an important financial service platform and fund management platform trusted by the group company with large business scale and influence, as well as a non bank financial institution with good social reputation. In the past ten years, the company has overcome all kinds of difficulties in the development and achieved fruitful results. While making contributions to the group company's difficulties, reform and development. The company is also gradually developing and expanding, the scale of assets is expanding year by year, and the service ability and level, profitability and risk resistance ability are constantly improving, achieving the satisfaction of shareholders, the satisfaction of the Party group of the group company, the satisfaction of customers and the satisfaction of employees.

By the end of 2011, the company's asset scale has increased from 431 million yuan at the beginning of its establishment to 43462 million yuan. It has provided loans, bill discounting, agency issuing, entrusted loan bill issuing, bank acceptance bill issuing, guarantee and other financial services to the group company, with a total amount of nearly 196 billion yuan. The company has made profits for 14 consecutive years, with a total profit of 3.957 billion yuan and a long-term non-performing asset ratio of 3.957 billion yuan Keep below 1% and keep good asset quality.

At the end of 2011, the company successfully completed the work of capital increase and share expansion, increasing the registered capital from 641.1 million yuan to 3.17 billion yuan.

At present, with the approval of the regulatory authorities, the ordnance finance company has possessed all the business scope permitted by the management measures for financial companies of enterprise groups, and has become one of the few institutions with full license operation qualification in the financial company industry. All businesses have developed in an all-round way, and a complete business system with the characteristics of ordnance finance has been established.

For more than ten years, the development of ordnance finance company has always been in line with the strategic objectives of the group company. During the "12th Five Year Plan" period, the company will always adhere to the fundamental tenet of "based on weapons, relying on weapons, and serving weapons" and the business philosophy of "service-oriented, customer-centered", perform the responsibilities of financial enterprises, give full play to the role of the financial company as a link of industry and finance and a market-oriented financial service platform, and integrate the "two platforms" of capital management and financial services with internal settlement and financing The construction of the "three centers" of financial management is closely combined with and organically connected with the group company's "military civilian integration, industry research integration, and industry financial integration". Efforts are made to expand the capital stock and the total amount of financial services, do a good job in financial services, fully integrate into the group company's overall strategy and business development, and provide all-round financial support for the group company's development.

Purpose and scale

Over the past ten years, with the care, support and help of all walks of life, under the correct leadership of the Party group and the company's board of directors, the company has always adhered to the tenet of "based on the group, relying on the group and serving the group" and the policy of "safety first, service first and steady operation", advocated the spirit of "loyalty, efficiency, truth-seeking and development", and strictly implemented various national regulatory regulations We have not only supported the reform and development of enterprise groups, but also achieved good economic and social benefits. We have provided more than 50 billion yuan of financial services for enterprise groups and their member units, and achieved profits of more than 1 billion yuan. The scale of assets has also changed from business to business From 431 million yuan at the beginning to 6 billion yuan now, the quality of assets remains good, and the rate of non-performing assets remains below 1% for a long time.

After ten years of operation, the ordnance finance company has trained and trained a professional management team with high comprehensive quality who is loyal to the enterprise group and the ordnance finance company. The staff team has grown from more than 20 people when it opened to more than 80 people who have some professional experience in finance, finance, law, management, etc We have set up and expanded the settlement network serving the enterprise group and its member units, and the network coverage has reached more than 70%. We have established and improved a set of complete business system with the characteristics of ordnance finance. In particular, we have gradually formed the characteristics of ordnance finance company in the aspects of "sending charcoal in the snow" loan business, bill business, securities investment, international and domestic settlement business, etc The means of supporting financial services provided by the group and its members are constantly enriched and improved, and the service quality and level are also steadily improved.

Honors

In November 2020, it was awarded the sixth national civilized unit.

Chinese PinYin : Bing Gong Cai Wu You Xian Ze Ren Gong Si