支持实体经济，服务制造企业Supporting the real economy and serving manufacturing enterprises
FAF Auto finance Company has always been committed to serving the JAC system and supporting the development of its own brand business. It has strengthened cooperation with OEMs, launched joint promotion plans nationwide, supported the launch of new cars and other market promotion activities, promoted JAC Automobile sales, and supported the development of its own brand. The specific measures are as follows:
1、 FAF Retail Product Financial Solution Support
In 2023, FAF not only continued its low interest rate discount product services in the early stage, reducing the financial discount costs of JAC, but also collaborated with JAC PV Marketing Company, CV Marketing Company, New Energy Marketing Company, and CV Marketing Company to design special popular zero interest and low interest products for key vehicle models, expanding the scope of application of low interest rates, reducing enterprise discount costs and customer purchase costs. Simultaneously designing diversified repayment methods, including but not limited to structured repayment methods such as 5050 balloon loans, free loans, annual salary loans, and 4-5 year long-term limited repayment products, further reducing customer entry barriers and meeting the needs of different types of customers.
2、 Institutional loan customer financial solution support
In the second half of 2023, FAF launched a targeted simplified version of its institutional loan product financial plan. The new plan significantly optimized the application process and materials, and opened a green approval channel for small and medium-sized enterprises (including manufacturing) with a loan limit of less than 2 million yuan. The approval result can be given within one working day. The business will cover new energy ride hailing, new energy taxi travel, new energy tourism travel industry, new energy driving school training or leasing industry, etc.
FAF will continue to implement the concept of financial service entities and assist in the development and growth of manufacturing enterprises.