July 20, 2017 10:56 AM ET

Diversified Financial Services

Company Overview of Haier Finance Co., Ltd.

Company Overview

Haier Finance Co., Ltd. is a non-bank financial institution that provides banking and financial services such as deposit taking, loan servicing, notes acceptance and discounting, financial and other advisory, insurance agency, and investment services. Its corporate services include trade financing, credit appraisal, factoring, working capital loans, entrusted loans, bank guarantees, letter of credit, bill discounting, and project loans. The company's personal services include mortgage financing and personal loans. It also offers settlement services such as electronic payments, online transfers, account management, and SMS banking services. Additionally, the company provides equity investment...

Haier Industry Park

No.1, Hai'Er Road

Hi-Tech Zone

Qingdao,  266101

China

Founded in 2002

Phone:

86 532 8893 9908

Fax:

86 532 8893 9827

Key Executives for Haier Finance Co., Ltd.

Haier Finance Co., Ltd. does not have any Key Executives recorded.

Haier Finance Co., Ltd. Key Developments

Haier Electronics Group Co., Ltd. and Haier Group Finance Co., Ltd. Enter Financial Services Agreement

The financial services agreement was entered into between the Haier Electronics Group Co., Ltd. (as services user), Haier Group Finance Co., Ltd. (as services provider), and Haier Group Corporation (as guarantor) to replace the existing financial services agreement entered into by Haier Finance, Haier Corp. and Haier Investment on 18 December 2013. Under the financial services agreement, Haier Finance agreed to provide the financial services (including the provision of deposit services, provision of loan services and other financial services) to the group at a fair and reasonable price and on normal commercial terms. The financial services agreement shall become effective for a term of three years, commencing from 11 December 2015 to 10 December 2018, and is renewable by the company upon expiry of the financial services agreement.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
August 30, 2016
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