FAF has won Two Awards in the Commercial Vehicle Finance Industry
On March 25th, Fortune Auto Finance（FAF）has won “Top 10 Commercial Vehicle Financial Service Agencies” on 2021 China Commercial Vehicle Finance Industry Summit which was held by Financial and Preservation Rates Research Committee, Automotive Industry Branch of China Council for the Promotion of International Trade（C.C.P.I.T.）.
On March 31st, 2021 China Commercial Vehicle Finance Conference which hosted by China Automobile Dealers Association（C.A.D.A）was held in Nanjing. With its excellent performance in the commercial vehicle finance market, FAF was awarded the "Top 50 Commercial Vehicle Finance Service Agencies" and ranked among the top 20. Both awards are recognition of FAF's market position and reputation in the commercial vehicle segment.
FAF began to pilot the JAC light commercial vehicle business in 2016. With the leading market position and professional knowledge of JAC in the commercial vehicle industry, combined with the advanced risk management concept and experience of Santander, and two years' accumulation of risk data, since 2018, FAF has expanded its business to light commercial vehicles of multi-brand. At present, the penetration rate of JAC commercial vehicles continues to increase，the market share of multi-brand commercial vehicles is leading in the industry, commercial vehicle segment product line continues to expand.
In the future, FAF will continue to insight customer needs, providing customers with the most appropriate financial solutions through more professional, more scientific and better financial services, and contribute to the development of the commercial vehicle industry.