CCCR Profile
China Commercial Credit, Inc. (CCCR) was a publicly-traded microcredit company that provided financial services to small and medium-sized enterprises (SMEs) in China. The company was founded in 2008 and was headquartered in Wujiang, China.
However, as of 2021, CCCR was delisted from NASDAQ and is no longer a publicly-traded company. Prior to the delisting, the company provided a range of financial services, including loan guarantees, financial leasing, and advisory services, to SMEs in China. The company aimed to help SMEs overcome financing obstacles and promote their growth and development.
CCCR had a strong reputation in the industry and was recognized for its efforts to provide financial support to underserved SMEs in China. The company had established relationships with various financial institutions in China and had developed a comprehensive suite of financial products to meet the diverse needs of SMEs.
Investing in microcredit companies like CCCR carries certain risks, including the potential for market fluctuations, credit risks, and regulatory risks. Additionally, the financial performance and stock price of microcredit companies can be influenced by factors such as changes in interest rates, economic conditions, and regulatory changes. Potential investors should carefully consider these risks before making any investment decisions.
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