Zhong Guo Jing Ying Bao·2025-10-10 09:55Core Insights - JD Group's consumer finance subsidiary, JD Consumer Finance, has received approval for its chairman's qualification from the Tianjin Regulatory Bureau of the National Financial Supervision Administration, marking a significant move in the consumer finance sector [1] - JD Group becomes the first platform enterprise to enter the market through equity restructuring after the implementation of the "Administrative Measures for Consumer Finance Companies" on April 18, 2024, and is the second institution in the industry to obtain a consumer finance license via this method [1] - JD Finance App has accumulated 420 million transaction users, collaborating with nearly a thousand financial institutions including banks, insurance companies, and fund companies to provide personal financial services [1] Industry Developments - The industry is closely watching the collaborative pathways between JD Consumer Finance and existing JD Finance operations, particularly in areas such as business division, resource integration, and brand synergy [1]