According to industry data, among more than 2,000 online lending platforms in China, profit platforms account for about 1%. According to the annual report disclosed by Wanhuike last week, the layout and expansion of Wanhui Investment in the field of consumer finance are progressing smoothly, helping the parent company to make profits for four consecutive quarters since the second quarter of 20 16.
Wanjinke's quarterly report shows that during the reporting period, Wanhui, the main financial operation entity of PPmoney, has made remarkable achievements in the development of investment business. Consumption staging, automobile staging and other business types with consumer finance as the core have made good profits. At present, the business volume of consumer finance is dominant. Due to the continuous release of consumer finance business performance, the company's profitability continued to improve.
Related Q&A: Related Q&A: Have you ever used your opinion on PPmoney? How about financial management? It has been used for 3 years, witnessed the growth of PPmoney and has a good user experience; Increasingly compliant, there are only 48 banks with a complete white list of three-level security such as ICP\\EDI\\ security, and ppmoney is among them. The key is that pp has high transparency and is among the best in conformity. Before, they all invested in T+ 1 convertible bonds, which can be said to be quite fast at present, and the degree of reliability and reassurance is worthy of recognition. Personal investment experience for your reference.