Beijing December 4, 2019 / PRNewswire / – Since 1998, People’s Bank of China promulgated the “auto loan management methods (Trial Measures)” since the auto financing in China has more than twenty years the history of the development. During these years, riding on the rapid development of the automotive industry Dongfeng, the entire auto finance industry has also ushered in a flourish. 2008 auto finance market size of about 150 billion yuan, and by 2018, the size of the auto finance market reached 1.39 trillion yuan, nearly doubled 10 times, the annual compound growth rate of up to 26 percentage.
At the same time, competition in the auto finance market is constantly increasing. In addition to the influx of players banks, major company’s auto finance companies, financial leasing companies, starting in 2013, many Internet players admission, but also to competition in the auto finance market more intense.
During this period, adhering to the “compliance operations to the user experience as the core,” Lee-car ready to finance science and technology connect users and financial institutions for the beginning of the heart, with the automotive financial advisory services industry established good reputation in one fell swoop into the car to help finance the loan market. Over the years, Lee-car auto finance industry to actively promote interoperability, and through its own reform and development and innovation, the brand will continue to go to go real deep.
focus on how the auto finance industry interconnection problem has always been the development of the industry. In the Lee-car view, mobile Internet technology is changing the forms of auto finance, extensive connectivity through the “Internet + Mobile Technology” help financial institutions, the ability to quickly touch up more and more strong, the formation of acceleration, range of financial services, efficiency and ecology the ability to connect important changes occur. Lee-car ever get to the bottom, and the depth of excavation in three areas: First, based on the nature of finance. The second is based on the application of technology to advanced technology and controlled. The third is to broaden the reform and innovation thinking. So as to leveraging financial innovation, reduce operating costs.
Lee-car: Focus on the auto finance industry interoperability, innovation and development
auto market this year after experiencing a rapid development of 10 years, the automotive industry into the “down” phase . Faced with the sudden “industry winter”, as an important link in the chain of the auto industry, auto finance business will inevitably be affected. In this regard, Lee Automotive seek a breakthrough in transition, inFinancial markets respond to transform the many-fold, Lee Tong car has accumulated rich experience and sufficient scientific method, have full confidence and ability to handle unexpected situations in a good industry to ensure the stable operation of the platform. For the future development of the industry exchange, Lee Automotive said it would consider the overall financial situation of the automotive market, market stability requirements to open a two-way auto finance market as the focus, to promote orderly service can enhance the user experience a higher level.
science and technology are primary productive forces, in order to drive innovation and development. After many years of accumulation and technological innovation, to provide users with interest-car “customized” financial solutions, innovation in customer service and product development, and is committed to relying on scientific and technological means to serve small and micro enterprises and individual users. Faced with new challenges and new opportunities for the development of the auto finance industry, Lee-optimized auto finance space layout, in promoting green car finance development, the popularity of inclusive finance, supply chain, financial innovation continue to put forward innovative ideas, to promote the rational use of financial instruments development of auto finance. Lee-car also deepen the reform through the “Internet + finance” concept to create new products, combined with emerging technologies 5G, enhanced artificial intelligence and intelligent biometric contract to simplify the transaction process, better serve customers, improve the formation of the auto finance industry chain.
Over the years, Lee-versed in automotive innovation is the core competitiveness of enterprises, enterprises solve all the problems of the master key. Under the premise of compliance, and enhance cooperation with financial institutions, focused auto finance industry in all aspects of interoperability, innovation means to boost development of the industry.