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[Xiaomi] Xiaomi, Hongqi Chain & New Hope Group Co Ltd Marching Into Banking Industry

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14:49, Jun-13-2016 | From PC
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Hi Mi Fans,


This is not a prank or April Fool's joke, as the title clearly mentioned  Xiaomi is steeping into banking and finance industry ! Xiaomi has co-operated and join hands with Hongqi & New Hope Group Co Ltd and five other share holders to open a bank in Sichuan province. This is also the first private bank in Sichuan. The bank, which received government approval on Monday, will provisionally be called “Sichuan Hope Bank”, as an English name has not been finalised,

It is reported that the share capital is around 3 billion yuan shared among three main share holders: New Hope Group ¥900 Million (30%), Xiaomi ¥885 Million (29.5%) and Chengdu Hongqi Chain Co Ltd ¥450 Million (15%).  These three companies has their field where the're expertise. New Hope Group is one of the leading enterprise in China and they have been listed in top 500 companies of China for 14 consecutive years. Xiaomi is an leading Internet company in China and there're 200 Million active users are using MIUI while Chengdu Hongqi Chain Co., Ltd. operates a chain of convenience stores in Sichuan Province, China. It operates approximately 2,200 stores. The company was founded in 2000 and is based in Chengdu, China.

A New Hope Group official said that the bank aims to provide inclusive financial services available any time and everywhere, taking full advantage of the founders' industry resources and internet technology.With the combination of experience, Internet and chain of convenience stores, the alliance hopes to produce a great spark in this banking and finance industry. Their potential clients are young people and start up company. Based on the advantages in geography, potential clients, features and business strategy. The bank hopes that they will become an important link between private capital and government as part of the national strategy to promote economic and social development in Sichuan Province


What industries will Xiaomi disrupt next?
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14:58, Jun-13-2016 | From PC
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what about telco industry around the globe. free internet for xiaomi's user

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my imaginary friend thinks you have serious mental problems..

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15:04, Jun-13-2016 | From PC
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thanks!
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15:11, Jun-13-2016 | Via mobile
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good ,i will take mi 5 from taking lone from xiaomi bank

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18:57, Jun-13-2016 | From PC
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Great news!! Going for MBA in Banking, hope Xiaomi recruits me....
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19:00, Jun-13-2016 | From PC
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Wow, Xiaomi is doing lots of things!

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19:46, Jun-13-2016 | From PC
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that's cool !

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20:45, Jun-13-2016 | Via mobile
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What?!... I can't believe that!

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20:50, Jun-13-2016 | From PC
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Great                     

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21:13, Jun-13-2016 | From PC
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Great!

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