Chongqing Zongshen Financial Leasing Co., Ltd. was established on December 23, 2016, jointly by Chongqing Zongshen Power Machinery Co., Ltd. (stock code: 001696) and Singapore listed company AP Oil International Limited (Chinese translation: Global Petroleum Limited, stock code: 5AU) Moneymax Financial Services LTD. (Chinese translation: Yinfeng Financial Co., Ltd., stock code: 5WJ) and Chongqing Bonded Port Development and Management Group Co., Ltd. jointly initiated the establishment of a Sino foreign joint venture enterprise approved by the national competent department, committed to serving as a“ Financial Leasing” Promote the industrial upgrading of small and medium-sized enterprises through various means.

In order to further promote the integration of industry and finance and build a diversified financial service system, in May 2015, Chongqing Zongshen Power Machinery Co., Ltd., as the main initiator, jointly initiated the establishment with five enterprises including Luzhou Laojiao Group Co., Ltd. Zongshen Factoring Company relies on the real trade transaction background between enterprises to provide efficient, convenient and flexible supply chain financing services, improve the coverage of financing demand business, and accelerate the company's industrial chain finance strategic layout.

Fumin Bank was established in August 2016 and is the first private bank in the central and western regions to be approved for operation. Fumin Bank was jointly established by outstanding private enterprises in Chongqing, including Hanhua Financial Holdings, Zongshen Group, Fu'an Pharmaceutical, Yujiang Die Casting, Haite Environmental Protection, and Taoranju, with a registered capital of 3 billion yuan. Fumin Bank; Supporting Micro Enterprises and Innovation, Enriching the People and Promoting the Nation; To fulfill the mission of the enterprise, adhere to the positioning of inclusive finance, closely focus on serving small and micro enterprises, agriculture, rural areas, communities, and innovation and entrepreneurship, and carry out innovation in the service methods and business models of digital inclusive finance.