The 2023 "** Work Report" proposes that to do a good job in "stabilizing the economy and promoting consumption", we must give priority to the recovery and expansion of consumption. In this context, consumer finance, as an important supplementary means to promote consumption upgrading and stimulate economic growth, has experienced a transition stage from quantitative to qualitative changes and from rapid growth to high-quality and stable development in recent years.
In the face of the increasingly fierce competition and new pattern of the industry, strong capital strength and diversified financing channels have become the "hole card" for consumer financial institutions to maintain their core competitive advantage in the industry. Enhance market influence.
During the epidemic period, Harbin Consumer Finance actively developed its own capabilities, obtained the qualification to issue financial bonds, and opened online peer lending business, fully opening up diversified omni-channel financing channels and financing structures. Recently, Harbin Consumer Finance successfully issued the first creditor's rights to income right product in Yindeng Center - "Orange 2023 Phase I Credit Asset Income Right Collective Fund Trust Plan", with a total scale of 600 million yuan. The successful issuance of this product has further consolidated the capital strength of Harbin Consumer Finance. Industry experts said that consumer finance companies, as financial institutions specializing in consumer credit, play an active role in promoting consumption and expanding domestic demand. In order to enhance the soundness, sustainability and risk resilience of development, consumer finance companies urgently need to further enhance their capital strength, and Harbin Consumer Finance provides a new model for the consumer finance industry to actively explore with its own development. Within three years after its establishment, Harbin Consumer Finance has made breakthroughs in financing channels, and within three years since its establishment, it has introduced its subordinate Du Xiaoman Financial Strategic Investment, taking the initiative to undertake the mission of empowering the development of inclusive finance with a new strategic cooperation model, and giving full play to the role of "promoter" of financial innovation for waist enterprises.
This year, the financing of Harbin Consumer Finance successfully exceeded 10 billion, laying a solid foundation for the next step of steady and sustainable development. Strong capital strength and diversified financing means are an important foundation to ensure the sound operation of Harbin Consumer Finance, and actively expanding and building a diversified financing pattern is the core of the future development of Harbin Consumer Finance, providing consumers with more inclusive and competitive financial products and services through abundant funds** and lower financing costs, and bringing inclusive finance to thousands of households.