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Last Trade
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Last Trade:
$2.73
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Change:
-0.03 (-1.09%)
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Trade Time:
Jul 21
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Market Cap:
$47.29M
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Description of Business
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China Commercial Credit, Inc., is a financial services firm operating in China.
Our mission is to fill the significant void in the market place by offering
lending, financial guarantee and financial leasing products and services to a
target market which has been significantly under-served by the traditional
Chinese financial community. Our current operations consist of providing direct
loans, loan guarantees and financial leasing services to small-to-medium sized
businesses ("SMEs"), farmers and individuals in the city of Wujiang, Jiangsu
Province.
Our loan and loan guarantee business is conducted through Wujiang Luxiang, a
fully licensed microcredit company which we control through our subsidiaries and
certain contractual arrangements. Our financial leasing business is conducted
through PFL, our wholly owned subsidiary.
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