Field Introduction

Taian Jiutong Pawnshop


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Taian Jiutong Pledge Co., Ltd. was established in 2011 with a registered capital of RMB 20 million. Its principal business activities include: pledge‑based pawnbroking of movable property, pledge‑based pawnbroking of property rights, mortgage‑based pawnbroking of real estate, the sale of forfeited items within prescribed limits, as well as appraisal, valuation, and advisory services.

 

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In 2014, Shandong Jiuxin Group Co., Ltd. invested RMB 45 million in PanShi Village Commercial Bank Co., Ltd., acquiring a 9.07% stake in its registered capital. In 2015, it invested RMB 60 million in Tai’an GuoTai AnMinAn Guarantee Co., Ltd., and also invested RMB 20 million in Shandong Dongping Rural Commercial Bank Co., Ltd. Furthermore, in 2012, Shandong Dongping Jiuxin Hardware Tools Co., Ltd. contributed RMB 2.6 million to become a shareholder of Dongping HuNong Commercial Bank Co., Ltd. for Rural Towns.

 

 

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