Ma Jianbing took over the post of general manager of Mengshang Xiaojin

Blue Whale News, March 3 (Reporter Huang Yujie)Recently, according to the latest disclosure of the National Enterprise Credit Information Disclosure System, Inner Mongolia Mengshang Consumer Finance Co., Ltd.(hereinafter referred to as Mengshang Consumer Finance) has completed the change of industrial and commercial information. The former general manager Yang Chong has been changed from general manager and director to director, and the new general manager Ma Jianbing has taken over.

Baoyin Consumer Finance, the predecessor of Mengshang Consumer Finance, was established in December 2016. Jiang Zhiyong, the first general manager, stepped down after nearly two years in office, and Liu Xin, the then chairman, served as the general manager. In March 2021, in the context of the reorganization of Contractor Bank, the company changed its name to Mengshang Xiaojin. Yin Zhicheng took over as the legal representative and served as both chairman and general manager. In January 2022, Yang Chong officially became the fourth general manager. This personnel adjustment is just two years after his tenure.

The shareholding structure shows that Mengshang Bank holds 44.16% of the shares as the largest shareholder, followed by Weimeng Chuangke with 40% of the shares, Shenzhen Samoye Internet Technology holds 16.6% of the shares, and Baizhong Heng Investment holds 0.24% shares. After the capital increase in 2019, the company’s registered capital has increased from the initial 300 million yuan to 500 million yuan.

The latest operating data shows that as of the end of January 2025, the cumulative number of customers served by Mengshang Consumer Capital exceeded 8.3 million, and the cumulative loan scale reached 86.8 billion yuan. In 2023, the company will achieve operating income of 545 million yuan and net profit of 28.08 million yuan. At present, the company mainly conducts self-operated business through Mongolian consumer finance apps and Mini programs. The annualized interest rate range of its core product Mengxiangjin is 7%-23.76%.

It is worth noting that this personnel adjustment coincides with a period of intensive changes in senior executives in the consumer finance industry. In January this year, CCB Consumer Finance welcomed the new chairman Li Jianfeng, Haier Consumer Finance and Jinmeixin Consumer Finance added deputy general managers Chen Wei and Zeng Zhimin respectively; in February, Ping An Consumer Finance also welcomed deputy general manager Wang Congyuan.