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Panda Fireworks $100 million set up Silver Lake Finance to invest in small loans

Source: Internet
Author: User
Keywords Panda Fireworks
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Securities Times Network (www.stcn.com) April 01, Panda Fireworks (600599) April 1 evening notice, and the relevant authorities to communicate, Originally proposed by Wanzai County Panda Fireworks Co., Ltd. to invest 20 million yuan to set up Beijing Silver Lake Network Technology Co., Ltd. was changed by the Panda Capital Management Limited investment 100 million yuan set up. The establishment of Silver Lake Financial Network Technology Co., Ltd. will mainly carry out credit risk assessment and management, microfinance industry investment, small micro-loan consulting services and transaction, lending information consulting and publishing business, while the establishment of a complete and rigorous risk management system, the use of panda fireworks throughout the country channel advantage linkage operations, Business development in a larger scope. (Securities Times Network News Center)

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