小米旗下融资担保公司被注销！

Core Viewpoint - The Tianjin Local Financial Supervision Administration has announced the cancellation of Alpha (Tianjin) Financing Guarantee Co., Ltd., which was the only financing guarantee license under Xiaomi Financial's system [1][2]. Company Overview - Alpha Financing Guarantee was established in June 2019 with a registered capital of 100 million yuan, wholly owned by Xiaomi Financial (Hong Kong) Co., Ltd. [2] - Xiaomi Financial has a comprehensive range of financial licenses, including consumer finance, private banking, commercial factoring, third-party payment, financing leasing, insurance brokerage, and credit management [13]. Industry Context - Regulatory changes in the banking sector have restricted financial institutions from accepting credit enhancement services from unqualified third-party institutions, leading to a surge in financing guarantee company applications from lending platforms between 2018 and 2020 [4]. - The dual financing guarantee model has emerged in recent years, highlighting the value of financing guarantee licenses despite regulatory challenges [6][7]. Current Trends - Some consumer finance companies are increasing their reliance on credit enhancement services despite regulatory constraints, with companies like China Post Consumer Finance and Hangzhou Bank Consumer Finance starting to develop guarantee channels [8][9]. - Other consumer finance companies, such as Bank of China Consumer Finance and Haier Consumer Finance, have also engaged in guarantee enhancement services, with their respective loan balances constituting 10.28%, 19.23%, and 28% of total loans by the end of 2024 [10][11]. Business Model - Many consumer finance companies collaborate with third-party financing guarantee companies to conduct their business, while Ping An Consumer Finance operates through its own financing guarantee company [12].