Personal Property Backed Loan Business
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Leveraging on more than ten stores under Wuzhong Pawnshop, the Company strengthened its traditional personal property backed loan business and developed a variety of personal property pawn products, including gold, jewelry, diamonds, watches, bags and suitcases. It independently established an appraiser team to strictly control the appraised value of the pawn, actively explored new profit sources such as custody and consignment and luxury goods maintenance and extended its business coverage to Suzhou, Beijing, Guangzhou, Shenzhen and other cities, striving to provide customers with modern, informationalized, intelligent and convenient small-amount traditional pawn services.