PROJECT

Projects

Summary of Investment Information

Project Number

40226

Company Name

CHONGQING LIANGJIANG NEW AREA SHENGJI MICRO-LOAN CO., LTD.

Date SPI Disclosed

Aug 15, 2017

Country

China

Region

East Asia and the Pacific

Projected Board Date

Sep 15, 2017

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Jan 12, 2018
Signed : Mar 16, 2018
Invested : May 24, 2018

Sector

other

Project Description

 The proposed investment entails a 3-year, up to RMB 300 million (USD 44 million) LCY senior loan to JD Chongqing Microcredit Company (“JD CQ MCC”), which is the dedicated lending company for the agri-loans under JD Finance. The investment will be secured by the guarantee from its ultimate parent and controller – Beijing JD Financial Technology Holding Co., Ltd. (“JD Finance”).   

Associated Advisory Engagement

                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation