The investment was led by Jinglin Investment, followed by Hanli Capital and other institutions.
On July 17, 2015, Oriental Financing Network (www.rongzi.com) announced the completion of a round A financing of RMB 200 million. This round of financing was led by Jinglin Investment, followed by Hanli Capital and other institutions.
This is also the largest Series A financing in China’s Internet financing industry so far.
As the most competitive third-party financing service platform in China, Oriental Financing Network was established in 2010 and is headquartered in Shanghai. The company has more than 1,000 employees and operates in Guangzhou, Shenzhen, Nanjing, Hangzhou, Suzhou, Wuxi, Hefei, Ningbo, etc.
With branches in various places, it is the largest third-party financing service platform in China.
Oriental Financing Network is committed to solving the problems of difficult and expensive financing for small, medium and micro enterprises. Through the model innovation and technological innovation of the Internet, and through the combination of online and offline, it provides debt financing, equity financing, policy financing, listing, etc. for small, medium and micro enterprises.
Comprehensive financing solutions.
Oriental Financing Network has always been with the mission of "making there no difficult-to-finance funds in the world". Through the Internet and wireless APP, it has built a financing docking platform and financing evaluation system between various financial institutions and small, medium and micro enterprises to help both parties of fund suppliers achieve accuracy and efficiency.
, low-cost, one-to-many business docking, which has greatly improved the financing success rate of small, medium and micro enterprises and the business efficiency of major financial institutions.
Up to now, more than 1,000 financial cooperation institutions have settled in Oriental Financing Network, covering banks, securities, funds, trusts and financial leasing, etc., involving nearly 2,000 types of financing products.
The company database of Oriental Financing Network has exceeded 3 million, and it helps small, medium and micro enterprises apply for financing of nearly 100 billion yuan every year.
Hu Yujian, CEO of Oriental Financing Network, said: "After receiving Series A financing, we will quickly deploy in key cities across the country and strive to achieve full coverage in key cities across the country in 2016. At the same time, we will comprehensively upgrade our website, wireless APP and company informatization to accelerate market launch and
Brand promotion, increasing industrial integration and mergers and acquisitions, comprehensively promoting the solution of difficult and expensive financing problems for small, medium and micro enterprises, and protecting the cash flow of small, medium and micro enterprises," said Wang Hao, managing partner of Jinglin Investment: "Small, medium and micro enterprises.
The problem of difficult and expensive financing is a global problem. Through an in-depth understanding of the business model and management team of Dongfang Financing Network, I see hope in solving this global problem. It is understood that the core management of Dongfang Financing Network all have financial experience.
Or have more than 10 years of experience in the Internet field. They come from well-known companies such as China Construction Bank, Bank of China, Industrial and Commercial Bank of China, China Everbright Bank, Alibaba, Baidu, Ctrip, Zhaopin.com, Hang Seng Electronics, and China Talent Network.
, The professional spirit impressed me and strengthened my willingness to invest." Qian Xuefeng, chairman of Hanli Capital, said: "On the one hand, this investment is optimistic about the 'Internet + financing' business model, and on the other hand, it is optimistic about Dongfang Financing.
The management team of Dongfang Financing Network and its achievements are very recognized. The model of Dongfang Financing Network is novel, the social benefits are significant, and the future development is very promising. We believe that the team of Dongfang Financing Network will make great efforts in the field of Internet finance and comprehensively promote the solution of small, medium and micro enterprises.
The problem of difficult and expensive financing for enterprises is to serve more small, medium and micro enterprises and financial institutions, and to make due contributions to the development of China’s Internet finance industry. "Jinglin Investment has the longest history and the best performance in the Chinese investment market.
One of the management companies, the total fund size under management reaches 60 billion yuan.
Jinglin Investment focuses on finance, TMT, consumer services, medicine and health, and advanced manufacturing.
He has invested in a number of companies that have developed rapidly and achieved outstanding results, such as Pacific Insurance, New China Insurance, Bank of Communications, Noah Wealth, Dianping, Didi Taxi, and LeTV Pictures.
Hanli Capital is a well-known domestic venture capital management company that has been awarded "One of China's Best New Investment Banks of the Year" for many consecutive years. It mainly focuses on TMT Internet, big data, e-commerce and other fields.