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

Company Profile
I&G is the first pilot national specialized guarantee institution engaged in credit guarantee with the approval of the State Council. The company was jointly established and funded by the Ministry of Finance and the former State Economic and Trade Commission in 1993. The registered capital of I&G is RMB3 billion. By the end of 2007, the total asset is RMB4.58 billion and net asset is RMB3.83 billion.
The company’s business philosophy is to improve corporate credit, quicken market trading, optimize resource allocation, boost the development of credit guarantee industry, promote the building of credit culture and social credit system and serve the national economic and social development by means of guarantee, investment and other financial services. Its major services cover guarantee, investment, appraisal and consultation, investment advisory, etc.
With the objective of building itself into a group corporation, I&G has established four branches, five subsidiaries and invested in China International Capital Corporation Ltd. The company has evolved an intensive operation model which covers various fields like asset management, consultancy, investment advisory, venture investment, fund management, securities, environmental protection, software, etc.
Since its establishment, I&G has adhered to the operation principle of steadiness determined by the government. To promote the development of local economy, I&G launched policy-oriented guarantee business in Shanghai and Beijing for SMEs. With the aim of promoting market economy, it provides nationwide commercial guarantee for trade finance and performance, construction surety, property preservation bond, and World Bank Energy Conservation EMC Project. By the end of 2007, the total number of guarantee projects is 16225 and the total guarantee amount has reached RMB46.89 billion.
I&G shoulders up the responsibility of promoting the development of guarantee industry. Through active practice in guarantee business, extensive cooperation with domestic and foreign counterparts and establishment of basic rules and system for guarantee business, I&G has made remarkable contribution to the legislation of guarantee business, self-discipline of guarantee industry, establishment of credit guarantee system, promotion of construction surety system and computerization of guarantee business. In 1998, I&G, as the only formal member in China so far, was admitted into the Panamerica Surety Association, one of the world’s top three surety and credit insurance associations. In March 2004, I&G became a member of National Association of Insurance Commissioner of the US. In December 2006, it joined the Surety and Fidelity Association of America.
In 2000, 2001, 2004 and 2006, I&G successfully organized the international symposium of China Guarantee Forum. Furthermore, in 2001 I&G initiated the China Guarantee Alliance (CGA), with a view to strengthening the self-discipline and business cooperation of the guarantee industry. CGA presently has 158 members. With solid strength, good operating results and no-default credit record since its establishment, I&G enjoys good reputation and high popularity, and exerts strong influence on the guarantee lines both at home and abroad.
Add: Office Building, JinYu Plaza, No.100 Xisanhuan Beilu, 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.