Finance and business
Finance company
Rizhao Port Group Finance Company, is financed with the registered capital of 1 billion Yuan, covers finance and financing consultations, credit verification and related consulting and agency business for members; assists members in realizing the receipt and payment of trading payments; acts for business for approved insurances; offers guarantees for members; processes entrusted loans between members; conducts the bill acceptance and discount for members; takes internal transfer settlements and corresponding settlements between members and designs for liquidation programs; absorbs deposits of members; handles loans and financing leases for members; and works on interbank lending businesses.
Bank of Rizhao
Bank of Rizhao, the bank staked by Rizhao Port Group, is financed with the registered capital of 2.748 billion Yuan, employs more than 1900 people, becomes the a member of National Interbank Funding Center, China Foreign Exchange Trade Center, National Bond Trading Market, China Association of National Debts, Fund Settlement Center for National City Commercial Bank, China Modernization Payment System, China Unionpay, Society for Worldwide Interbank Financial Telecommunication, Financial Federation for Small and Medium-size Banks' and Shandong City Commercial Banks Alliance
Rizhao Financing Guarantee Incorporated Company
Rizhao Financing Guarantee Incorporated Company, the company staked by Rizhao Port Group, is financed with the registered capital of 1 billion Yuan, and the guarantee limit of single business of the company is expected to amount to 100 million Yuan. The business of the company covers the loan guarantees, bill acceptance, trade financing guarantee, project financing guarantee, credit guarantee; litigation security guarantee, bid guarantee, advance payment guarantee, project performance guarantee, agreed repayment guarantee of balance and other performance guarantee businesses, financing consulting, financial advisory and other intermediary services relating to the financing guarantee business and the investment with own funds
Rizhao Port (Group) Trading Co., Ltd
Rizhao Port (Group) Trading Co., Ltd, financed with the registered capital of 100 million Yuan, conducts entity trade businesses based on the Bulk Commodity exchange platform, and annual turnover of the company is estimated to hit 10 billion Yuan. The businesses of the company operated include the imports and exports of self-management and proxy of goods and technologies; the wholesales, retails and warehousing of energy-class commodities, chemical products, new energy products, timbers and finished products, steel and non-ferrous metal materials, port machinery equipment; and information consulting service.
Rizhao Bulk Commodity Exchange Centre
Rizhao Bulk Commodity Exchange Centre is financed with the registered capital of 120 million Yuan, staffed with 70 employees, and is affiliated with Commodities Supply Chain Management C., Ltd and Beijing Research Center. The businesses involve online and offline integrated services including Bulk Commodity trading, clearing, finance, logistics, credit, information, etc, and the center is capable of providing customers with "e-commerce + supply chain finance, modern logistics, risk management" and other services. Presently, the centre covers three categories including minerals, chemicals and agricultural products and nine trading varieties.
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