Services

FINANCIAL SERVICES

Background

A Chinese national automotive finance company, established with the approval of the National Financial Regulatory Administration. Serving as the sole finance arm of the group, it provides retail, wholesale, and related auto financing services to the group’s automotive brand customers and dealers, catering to a diverse range of car purchase needs.

Challenges

The client is a foreign-funded enterprise with a considerable international presence. In order to provide auto financing services to consumers during their purchase with dealers, they require a retail credit system to meet its operational needs and prevent financial risk. 

Solutions

Lenovo PCCW Solutions (LPS), a leading IT solutions provider renowned for their financial services in China, has supported several leading auto corporations to develop and implement auto financing systems in recent years. The retail credit system developed for our client is an advanced version based on previous developments and iterations, upgraded and elevated to support new business models, business processes, project specifications, and more. This innovative system demonstrates LPS’ rich expertise and experience in providing IT solutions to the auto finance industry and has further expanded our portfolio of successful cases and presence in mainland China. 

Value created

The retail credit system enables our client to deliver a more secure, professional, and convenient one-stop service experience for auto finance, while simultaneously enhancing dealers’ operational efficiency and maximizing revenue at the same time. 

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