• Establishment of Rongzhong Companies by Mr. Xie

2004 

• Establishment of Rongzhong Group by Mr. Xie

• Goldbond (through Perfect Honour) becoming a shareholder of Rongzhong Group

2008 

•  Establishment of  Rongzhong PRC in  Wuhan, being the first wholly foreign owned finance leasing company founded in Hubei Province

• Entering into a cooperation agreement regarding lease financing with a PRC-based laser technology company, which marks the commencement of our provision of direct finance leasing services to equipment manufacturers

2009 

• Formation of strategic cooperation with two large joint stock commercial banks on certain bank facilities to fund our finance leasing business

• Commencement of our strategy to expand into the transportation (cars and aircraft), medical device and education device industries

2010

• Formation of strategic cooperation with China Everbright Bank on certain bank facilities to fund our finance leasing business

2011 

• Investment  in  our  Group  by  Hony  Capital  (through  Silver Creation)

•Restructuring of Rongzhong Capital and Rongzhong Group to facilitate investment by Hony Capital

2012

• Entering  into  a  non-recourse  receivables  assignment  worth RMB100.0 million with a large joint stock commercial bank to fund our finance leasing business

2013

• Entering into finance leases worth RMB200.0 million with one of the top ten private enterprises in Hubei Province

• Obtaining the medical device distributing enterprise license

2014

• Formation of strategic cooperation with two regional commercial banks in the PRC on certain bank facilities to fund our finance leasing business

2015

• Establishment of the aviation division(1)

• Elected as the first director of the Finance Lease Enterprise Association of Hubei Province