Leading Automotive Factoring Company Establishes Presence in TEDA
Recently, Chenghuitong (Tianjin) Commercial Factoring Co., Ltd. has established its presence in TEDA. The company is wholly owned by the well-known domestic large-scale commercial vehicle enterprise, Hebei CIEIS Industrial Group. CIEIS Group is involved in various fields, including the sales and services of commercial and passenger vehicles, network freight transport and environmental protection. It is a leading force in commercial vehicle sales in China.
Tianjin Chenghuitong Commercial Factoring will leverage the group's strengths in commercial vehicles, freight logistics, and other areas, making full use of TEDA's clustering effects and policy advantages in the automotive industry and automotive consumer finance field. The company aims to provide financing guarantee services for commercial vehicle owners and network freight transport companies.
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