The Introduction of
China National Investment and Guaranty Co., Ltd

Introduction to the Company
China National Investment and Guaranty Co., Ltd (I&G) was established by the Ministry of Finance and the former State Economic and Trade Commission in 1993 with approval of the State Council. I&G is a nationwide guarantee institution specializing in credit guarantee.
The company’s business philosophy is to enhance corporate credit, optimize allocation of social credit resources, improve market transaction efficiency, promote the building of social credit system and credit culture, and serve the national economic and social development by means of credit enhancement services. The company aims to become the most competitive integrator of nonstandard financial and credit enhancement services in China.
By the end of 2009, I&G had credits of RMB45.1 billion granted by banks and its credit guarantee capacity exceeded RMB 90 billion. In 2009, China Chengxin International Credit Rating Co., Ltd, China Lianhe Credit Rating Co., Ltd and Dagong International Credit Rating Company upgraded the long-term corporate credit rating (for a financial guarantee institution) to AA+ for I&G. Now I&G’s registered capital is RMB3.52 billion.
In 2010, I&G successfully transforms its ownership structure with the support of the large shareholder, State Development & Investment Corporation. By introducing CCB International Jinding Investment Co.,Ltd, CITIC Capital Guaranty Investments Limited, CDH Guardian (China) Limited, Tetrad Ventures Pte Ltd, Gold Stone Investment Limited and SDIC Chuangxin Fund CO.,Ltd. I&G becomes to a Sino-foreign Joint Limited Liability Company, instead of Corporation Limited (corporate owned. The transformation is good for enhancing I&G’s commercial value and forming the base of building its sustainable development mechanism for capital, management and human resource.
I&G has established wide international contacts .In 1998, I&G became a member of Pan-America Surety Association, one of the world’s top three surety and credit insurance associations. In 2004, 2006 and 2009, I&G was admitted respectively to the National Association of Insurance Commissioner (NAIC) of the US, the Surety and Fidelity Association of America (SFAA) and International Credit Insurance & Surety Association (ICISA). In China, It is the sponsor and the president of China Guarantee Alliance (CGA) which is composed of 180 specialized guarantee companies. I&G has established a wide strategic alliance with first-class domestic banks, securities companies, trust and investment companies, financial asset management companies and specialized investment and consulting institutions. I&G acquired shares in the flagship enterprises of relevant industries, including China International Capital Corporation Limited, COSCO, CDH Investment and Handsun Technologies. I&G has preliminarily established an operational platform to render financial and credit services and solutions to clients.
I&G mainly engages in the following credit and guarantee services:
■ Financial product guarantee, mainly including guarantee for principal- guaranteed fund, annuity, corporate bond, collective trust, corporate debentures, etc.;
■  Logistics finance and credit solutions, with products covering automobile, steel products, chemical fertilizer, imported medical equipment, etc.;
■  Property preservation guarantee, with agencies in 26 provinces and cities of China;
■ Guarantee for government procurement, mainly including bid guarantee, performance guarantee, quality guarantee, prepayment guarantee and performance finance guarantee in government procurement areas;
■  Project guarantee, mainly including bid guarantee, performance guarantee, prepayment guarantee, payment guarantee, repair guarantee and supply guarantee;
■  Real estate structural financing, bridge financing and acquisition, transaction performance guarantee, etc.;
■ Guarantee of World Bank Energy Conservation EMC Project (EMCo loan guarantee plan);
■   SMEs financing guarantee.
I&G also set up four branches in East China, Shanghai, Dalian and Shenyang, to serve regional economic development. By the end of 2009, the company had guaranteed 19,742 business activities, with a total guarantee amount of RMB87.3 billion. In 2009, it provided guarantee of RMB24.1 billion for 1815 clients. Its income was RMB439 million and its profits was RMB268 million in 2009, which made it a leader in the industry.
I&G has an outstanding team. Of all the staff, more than 60% have master or doctor degrees granted by domestic and overseas universities and colleges, and more than 92% have bachelor degrees. Its business innovation capability also leads the industry. The books, named The Introduction and Practice of Credit Guarantee, the Introduction to the Credit Guarantee Industry of Each Country, The collection of the thesis for PASA, The collection of thesis for Chinese Guarantee Forum and Chinese Guarantee Forum, are published by I&G. These are important works on industrial theory and practice. Besides, http://www.chinaguaranty.net and http://www.guaranty.com.cn, run by the company, are the most influential websites in the industry. Every two years, I&G holds an international forum named China Guarantee Forum, which plays the largest influence in the industry.
I&G will continue to follow the business philosophy of “people-oriented, reputation foremost, accommodation to changes and harmonious development”, persist in the business principle of achieving a win-win situation and sharing interests, and strengthen cooperation with all circles of the society honestly and faithfully, in a bid to jointly create a bright future.

Add: Office Building, Jinyu Plaza, No.100 North road of Xisanhuan, Haidian District, Beijing , China 100037
URl: www.guaranty.com.cn
Tel: 010-88822888
Fax: 010-68437040
 

Guarantee Business Management Center
The Guarantee Business Management Center consists of Cooperation Management Dept., World Bank Project Dept. and Integrated Business Dept. It is the operating and managing body of guarantee business, the core business of the company. The major functions of this Center are system construction, marketing and operational management in relation to the guarantee business.

The major businesses are:
1. Guarantee business operated by the company
2. Joint guarantee business in cooperation with local institutions
3. Guarantee issued by branches
4. Guarantee projects of the entrusted World Bank/GEF Fund.

Research and Development Management Center
Comprising Research Dept., Market Development Dept. I, Market Development Dept. II, Research and Development Management Center is the integrated R & D center of the company. The major functions are: to conduct researches on the guarantee market demand; to trace relevant business information and policies; to develop guarantee products and business operating models which satisfy the existing and potential market demand; to design and implement marketing tactics and to create conditions for large-scale market-based operation.

The major businesses are:
1. Survey and researches on guarantee market demand, relevant business information, regulations and policies
2. Researches on guarantee market potential and target clients
3. Research and development of new guarantee products
4. Design and implementation of marketing tactics and plans for new guarantee products

Investment and Assets Management Center
As the investment operation and management institution, Investment and Assets Management Center is in charge of Risk Management Dept., Investment Dept. and Capital Operation Dept. Its major functions are investment business design, capital investment, as well as operation, management and restructure of assets and capital. Its final aim is to safeguard the security, profitability and liquidity of the company assets.

The major businesses are:
1. Survey and researches, development, design and implementation of investment projects
2. Researches on investment tactics, varieties and structures
3. Operation, management and restructure of company assets
4. Capital operation

Consultancy and Legal Management Center
Supervising Appraisal and Consultancy Dept., Legal Affairs Dept. and Expert Office, Consultancy and Legal Management Center is in charge of legal affairs and provides consulting service. It is mainly engaged in providing project appraisal, consultancy, business training, legal service, expert advice and litigation property-safe guarantee.
The major businesses are:
1. Appraisal and consultancy
2. Credit evaluation
3. Business training
4. Development, marketing and management of litigation property-safe guarantee business

International Exchanges
I&G has sent 22 visiting groups of 170 persons to Japan, South Korea, USA, Canada, Germany, France, Britain, Switzerland and Italy, etc for researches and training. I&G has received more than 70 visiting groups of 400 representatives from international credit guarantee, insurance and financial institutions and other relevant enterprises.

In February 1998, I&G compiled the collection of survey-and-research reports and relevant materials prepared by the visiting groups to foreign countries into a book entitled A Survey of the Credit Guarantee in Foreign Countries. In cooperation with China International Center for Economic and Technical Exchanges (CICETE) and the SMEs Promotion Center of Beijing University, I&G compiled the Chinese edition of the guarantee syllabus "Making Guarantee Funds Work for Small and Micro Enterprises". It is the first teaching material on SMEs guarantee business introduced from foreign countries.

In May 1998, I&G was formally admitted into the Panamerican Surety Association (PASA) and became its only member in China. With great international influence and active participation from around the world, PASA is ranked as one of the world top three surety and insurance associations together with the International Credit Insurance and Surety Association (ICISA) and the Berne Union.

Since 1997, I&G began to provide commission services for foreign companies, providing credit information on the operation and financial status of certain Chinese enterprises. I&G has totally undertaken more than 40 credit information projects entrusted by Italian SIC Company, American F&D and Holland NCM.

Domestic Exchanges and Cooperation
In 1998 and 1999, I&G initiated and organized two guarantee business seminars in Fuzhou and Beijing, and determined to launch a series of activities entitled China Guarantee Forum including the periodical entitled China Guarantee Forum, the website of China Guarantee Net and the international symposium of China Guarantee Forum.

In October 2000, I&G successfully held the international symposium of "China Guarantee Forum 2000".

In July and September 2001, I&G organized two seminars in Kunming and Guiyang with the participation of some domestic guarantee institutions, proposing the principle of *creditworthiness and self-discipline, mutual cooperation and development in concert" to the major domestic guarantee institutions.

In November 2001, I&G sponsored the international symposium of "China Guarantee Forum 2001" in Shanghai, during which 60 guarantee institutions and intermediaries signed the Shanghai Agreement for strengthening communication and cooperation. Based on it, the China Guarantee Alliance was formed.

In May 2002, I&G organized the First Plenary Session of the China Guarantee Alliance in Shenzhen. 128 representatives of 77 guarantee institutions and 4 intermediary agencies from 24 provinces, municipalities and autonomous regions participated in the Session. The First Plenary Session reviewed and approved the basic documents of the China Guarantee Alliance. 30 guarantee institutions were newly admitted into the Alliance, increasing the Alliance members from 60 to 90.