It is not an online lending platform, but a licensed consumer finance company.

CITIC Consumer Finance is jointly funded by three shareholders ***, CITIC Corporation of China Limited, CITIC Trust Co., Ltd., and Kingdee Software Co., Ltd. It mainly has two products: credit loans and credit loans. CITIC Consumer Finance has a wider business scope. It can not only provide loans for its own loans, but also provide loans for other cooperative loan platforms.

CITIC Consumer Finance Co., Ltd. is the 24th licensed consumer finance institution in the country approved by the China Banking and Insurance Regulatory Commission. It was officially approved to open in June 2019, with a registered capital of 700 million yuan. It is owned by China CITIC Co., Ltd. , CITIC Trust Co., Ltd. and Kingdee Software (China) Co., Ltd. *** jointly initiated the establishment.