Tianxia Credit

Founded in 2015 with the approval of Shenzhen Municipal Government and the sub-branch of PBC in Shenzhen, Tianxia Credit Service Co., Ltd. (Pengyuan Credit) is an agency specialized in businesses like personal and business credit investigation. It is also one among the first batch of eight enterprises that get the approval of PBC to carry out personal credit investigation. Having fulfilled the requirements of ISO27001 and CMMI, it boasts C-level information system security.

As a national representative in terms of independent third-party credit investigation, Tianxia Credit has been in the business for more than 16 years. It owns several original core technologies as its independent intellectual property, including Tianxia Credit-investigating System, Tianxia Rating System and Tianxia CRM System, providing services for over 440 banks and more than 3,000 service institutions. More than 720 million credit reports come from Tianxia Credit every year, which means Tianxia Credit’s reports are used by an average of 1/2 of Chinese people.

Presently, the company’s main clients consist of such organizations as the government, banks, small loan companies, public institutions and E-commerce platforms. However, it is being more widely used by financial institutions, investors, government departments and media at home and abroad, playing an increasingly important role in building Chinese social credit system, maintaining market equity and enhancing economic efficiency.

Tianxia Pay

Established on 5th September, 2009 and licensed by People’s Bank of China on 10th July, 2014, Tianxia Pay Technology Co., Ltd. (formerly Shenzhen China Public Procurement Pay Technology Co., Ltd.) is a specialised independent third-party payment platform. It is also a member of the Payment & Clearing Association of China.

With the help of the comprehensive payment platform containing diversified payment methods launched, Tianxia Pay offers highly customized payment solutions to various industries. It also aims to provide the mass merchants and individual users with integrated payment services for online and offline consuming scenarios. Tianxia Pay currently owns three major platform product: Tianxia Jingui, Tianfubao and Tianxia Qiangui; five mainstream product: quick payment, gateway payment, integration payment, paying for another service and withholding service.

Tianxia Pay has established strategic partnership with many mainstream banks and payment organizations, ensuring the stability of payment operation. The company is now providing payment support to thousands of companies and organizations. Tianxia Jingui and Tianxia Qiangui, the two featured product, have now owned almost a thousand of agents to carry out the operation, together with millions of small and medium merchants registered. The company is also developing other value-added product such as consumer finance, Internet wealth management and corss-border payment.

Wanspay

Nanjing Wanspay Business Service Col, Ltd. (Wanspay) was issued the “non-financial institutions payment service license” from the head office of People’s Bank of China on June 27, 2012, making it a third-party payment service platform operator eligible for prepaid card issuance and handling in accordance with the law and regulations. With a professional financial service team, and a secured mature payment network system, the Company focuses on the commercial service of prepaid card issuance and promotion and harnesses modern e-commerce to provide Wanspay Card franchisees with data marketing services. It also offers integrated business service solutions and customer relationship management for member companies, thus building a bridge of integrity between merchants and consumers.

Tianxia Jierong

Nanjing Tianxia Jierong Internet Micro-credit Company Limited (Tianxia Jierong) was founded on August 1, 2016, and was among the first ten companies in Jiangsu Province with the Internet micro-credit license.

Since its establishment, Tianxia Jierong has helped Sanpower Group break through the geographic restriction of its micro-credit business and expand its business scope across the country. The group has successively started supply chain finance business and consumer finance business cooperation and provided convenient and flexible financial products and services to the country's upstream and downstream customers by relying on the new retail business of Sanpower Group.

Tianxia Consumer Finance

Tianxia Consumer Finance is a consumer-finance brand specially designed by Tianxia Lashou Telecommunications Technology Co., Ltd. (TianxiaLashou). Since its launching in January, 2016, it has expanded its business modes to be more diversified, fulfilling various consumer demands under different contexts of selling. Therefore, its sales reveal an exponential increase.

TianxiaLashou, whose predecessor is Chongqing Funtalk Kaifei Communication Technology Co., Ltd., established in 2012, is a financial services platform under Sanpower Group. The company provides consumer finance services and and has currently established a sales and risk control management network covering the entire country. This service network has a presence in 23 provinces and 200 cities, with over 4,000 partner stores.

TianxiaLashou is responding to the government’s call to “rapidly develop consumer finance, expand domestic demand, and build a credit-based society.” It is actively developing an inclusive finance business that is focused on customer demand and integrates effective resources. It aims to create a high-quality rapid consumer financial services platform.

TianxiaLashou has specially created a consumer finance brand called “Tianxia Consumer Finance”, which since its official launch in January 2016, has seen a continuous expansion in diverse business models, met differentiated demand from consumers under different sales scenarios, and achieved an explosive growth in sales performance.

Happy Life Insurance

Happy Life Insurance Company Limited (Happy Life), the establishment of which was approved by the China Insurance Regulatory Commission (CIRC) in November 2007, is a nation-wide specialist life insurance company, mainly engaged in life insurance, health insurance, accident insurance and other types of personal insurance. At present, Happy Life has a registered capital of RMB 10.13 billion and its total assets are worth over RMB 77 billion by the end of 2017. With headquarters in Beijing, the company has 22 provincial branch offices in China and 244 further branches at different levels, creating a national distribution network.

Happy Life is dedicated to providing a range of customers at different ages and from different communities with comprehensive risk protection solutions and financial planning, including life insurance, health insurance, accident insurance and pension insurance. The company is also active in the nation’s health and senior-care industry, infrastructure projects and various livelihood programmes. Happy Life is a frontrunner in the financial industry and the first in China to launch the “Fang Lai Bao” product, a pension paid through the reverse mortgage of the insured’s house. The company is thereby assuming greater social responsibility for improving and developing China’s senior-care system.

In December 2014, Sanpower Group invested in Happy Life, becoming its second largest shareholder and its largest private shareholder.  Becoming a shareholder in Happy Life has further improved the distribution of the Group’s assets in the financial industry and has created favourable conditions for the Group to enjoy synergy in development across the entire industry.

Tongren Insurance Brokers

Shanghai Tongren Insurance Brokers Co., Ltd. (Tongren Insurance Brokers) is a national joint-stock insurance company established in 2010, upon the approval of China Insurance Regulatory Commission (CIRC). Headquartered in Shanghai and based on the insurance market in the Yangtze River Delta area, the company operates property and casualty insurance, life insurance, reinsurance brokerage and management consulting businesses all over the country.

The company has provided insurance consulting and brokerage services for many large and medium enterprises, with customers from energy, steel, chemical fibre, finance, logistics, media, food and brewing, hotels, public utilities, and retail industries.

Qingdao Insurance Agency

Founded in 2007, Qingdao Yuan He Tong Da Insurance Agency Company Limited (Qingdao Insurance Agency) is a regional limited liability insurance agency approved by the China Insurance Regulatory Commission (CIRC). The company is based in Qingdao, Shandong Province, and focuses on the sales of insurance products as an agent.

The company’s business includes premiums collection, losses investigation and claims settlement of relevant insurance business and other business approved by CIRC.