Formally, Lianzhong Uche is affiliated to Lianzhong Financial Leasing (Shanghai) Co., Ltd., focusing on the field of new cars and used cars, and providing consumers with comprehensive derivative services: such as car financing leasing services, car insurance, Second-hand car transactions, car aftermarket services, etc. Cooperative financial institutions include China Minsheng Bank, Shengjing Bank, Chongqing Fumin Bank, Hebei Bank, Hua Xia Bank, China Everbright Bank, etc.

1. Recently, the trustworthy car service platform Lianzhong Uche announced its official access to the credit reporting system of the People’s Bank of China, which means that Lianzhong Uche, which focuses on automobile services, has further enhanced its exposure to credit risks. The control capabilities also fully reflect the regulatory authorities’ recognition of Lianzhong Uche’s management and operations.

Second, the central bank’s credit report can help companies verify customer identities, prevent credit fraud, and ensure the legitimacy of credit transactions; second, it comprehensively reflects an individual’s credit status through the difficulty of obtaining credit, the amount, and Different factors such as the level of interest rates reward the trustworthy and punish the dishonest; thirdly, the credit information system is used throughout the country and its impact on major economic activities such as personal credit transactions to improve government departments such as courts, environmental protection, taxation, and industry and commerce. The intensity of administrative law enforcement; finally, through the binding and influential nature of the credit reporting system, we can cultivate and improve individuals' awareness of obeying the law, respecting rules, respecting contracts, and abiding by credit, so as to improve the level of social integrity and build a harmonious and beautiful society.

Third, after accessing the central bank's credit reporting system, Lianzhong UCAR can independently query and use the central bank's credit reporting data with the customer's authorization to gain a more comprehensive understanding of the customer's credit status and reduce manual labor. Approval intervention saves a lot of review time, thereby providing customers with faster and better services. On the other hand, for Lianzhong Youche’s customers, if there is an overdue situation in the future, they will be able to report it directly to the central bank’s credit reporting system.

Fourth, in other words, once a user has a serious bad performance record in the central bank's credit information system, it will have a great impact on his or her subsequent financial-related business and even daily life. For example, if a person is included in the list of dishonest persons for not repaying the loan on time, all subsequent bank loan applications, including car loans, home loans, credit cards, etc., will be rejected. At the same time, dishonest people will also be subject to consumption restrictions in transportation, tourism, children's education, etc.

Fifth, Lianzhong Uche has been continuously improving its risk control system. This successful access to the central bank’s credit reporting system is another upgrade of the risk control system and an improvement on its original credit reporting and risk control system. As a powerful supplement, the "long lending" situation caused by information islands will be broken, and the cost of becoming a defaulter will be greatly increased. More importantly, the level of risk prevention and control in the industry will be further improved, the bad debt rate of enterprises will be reduced, and the bad debt rate will be reduced. Credit history is nowhere to be found. At the same time, this is also an important measure for Lianzhong UCAR to promote the healthy development of the industry, build a social integrity system, and promote the standardized and healthy development of the credit reporting market.