Asian Credit|Ant Credit Evaluation Co., Ltd. completed the filing of credit rating agencies

Source: Hangzhou Central Sub-branch, the People’s Bank of China, published at 17:02:00 on 15 June 2020

According to the Interim Measures on the Administration of Credit Rating Industry, jointly promulgated on 26 November 2019 by the People’s Bank of China, the National Development and Reform Commission, the Ministry of Finance, and the China Securities Regulatory Commission, the Hangzhou Central Sub-branch of the People’s Bank of China completed its filing of Ant Credit Evaluation Co., Ltd. (the Unified Social Credit Code: 91330100MA2H31531M, the global Legal Entity Identifier: 300300X64VL1SV92GM50).

Please note: completion of filing is not regarded as recognition or guarantee of credit rating agencies’ rating quality, technical methods, risk management, or internal control compliance.

Hangzhou Center Sub-branch, the People’s Bank of China

15 June 2020

Background: Public information shows that Ant Evaluation was established on 24 March 2020 with a registered capital of RMB 50 million, and it is a wholly-owned subsidiary of the Ant Group.

According to Zhou Weilin, the general manager of Ant Evaluation, after completing the filing, Ant Evaluation will start from the credit market under the existing credit rating regulatory framework, focus on small and medium-sized enterprises, and promote the application of credit rating results in the credit market.

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