Chapter 1 General Provisions Article 1 is to standardize the management of the auto loan business, prevent auto loan risks, and promote the healthy development of the auto loan business. According to the "Law of the People's Republic of China on the People's Bank of China" and the " These Measures are formulated in accordance with the provisions of laws such as the Commercial Bank Law of the People's Republic of China and the Banking Supervision Law of the People's Republic of China. Article 2 The term “car loans” as mentioned in these Measures refers to loans issued by lenders to borrowers for the purchase of cars (including second-hand cars), including personal car loans, dealer car loans and institutional car loans. Article 3 The term "lenders" as mentioned in these Measures refers to commercial banks, urban and rural credit cooperatives and other approved commercial banks that are legally established within the territory of the People's Republic of China and approved by the China Banking Regulatory Commission and its dispatched agencies to engage in RMB loan business. Non-bank financial institutions in the auto loan business. Article 4 For the purpose of these Measures, the term "self-use cars" refers to cars purchased by borrowers through car loans and not for profit-making purposes; commercial vehicles refer to cars purchased by borrowers through car loans and for-profit purposes; second-hand cars refer to Cars whose ownership has been changed and transferred in accordance with the law from the completion of motor vehicle registration procedures to one year before the prescribed scrap date. Article 5 The interest rate for automobile loans shall be in accordance with the loan interest rate regulations announced by the People's Bank of China, and the interest calculation and settlement methods shall be negotiated and determined by the borrower and the lender. Article 6 The loan term (including extension) of a car loan shall not exceed 5 years. Among them, the loan term (including extension) of a second-hand car loan shall not exceed 3 years, and the loan term of a dealer car loan shall not exceed 1 year. Article 7 Both parties to the loan shall abide by the principles of equality, voluntariness, honesty and trustworthiness. Chapter 2 Personal Auto Loans Article 8 The term “personal auto loans” as mentioned in these Measures refers to the loans extended by lenders to individual borrowers for the purchase of automobiles. Article 9 To apply for a personal car loan, a borrower must meet the following conditions: (1) Be a citizen of the People’s Republic of China, or have resided continuously in the territory of the People’s Republic of China for one year Residents and foreigners from Hong Kong, Macao and Taiwan and above (including one year);

(2) Having valid identity certificate, fixed and detailed address and full capacity for civil conduct;

(3) Have stable legal income or personal legal assets sufficient to repay the principal and interest of the loan;

(4) Have good personal credit;

(5) Be able to pay the down payment stipulated in these Measures Payment;

(6) Other conditions required by the lender. Article 10 When a lender issues a personal car loan, it shall comprehensively consider the following factors to determine the loan amount, term, interest rate, principal and interest repayment method and other loan conditions:

(1) Lender’s creditworthiness of the borrower Rating situation;

(2) Loan guarantee situation;

(3) Performance and use of the purchased car;

(4) Development of the automobile industry and automobile Market supply and demand. Article 11 The lender shall establish a credit file for the borrower. The borrower's credit file should state the following:

(1) The borrower's name, address, valid identification and valid contact information;

(2) The borrower's income level and Proof of credit status;

(3) Car purchase agreement, car model, engine number, frame number, price and purpose of purchasing the car;

(4) Amount of loan, Term, interest rate, repayment method and guarantee situation;

(5) Loan collection records;

(6) Other information needed to prevent loan risks. Article 12 When a lender issues personal commercial vehicle loans, in addition to the content stipulated in Article 11 of these Measures, the lender shall add the annual inspection status of the commercial vehicle operation qualification certificate, commercial vehicle depreciation, insurance status, etc. to the borrower's credit file. Chapter 3 Dealer Auto Loans Article 13 The term “dealer auto loans” as mentioned in these Measures refers to loans issued by lenders to auto dealers for the purchase of vehicles and/or spare parts.

Article 14 A borrower applying for a dealer car loan shall meet the following conditions at the same time:

(1) Have an enterprise legal person business license issued by the industrial and commercial administrative department;

(2) Have a vehicle sales agency certificate issued by the automobile manufacturer;

(3) The asset-liability ratio does not exceed 80%;

(4) Have stable legal income or sufficient repayment of the principal and interest of the loan Legal assets;

(5) The dealer, the dealer’s senior management and the customers who accept loan applications on behalf of the dealer have no major breach of contract or bad credit record;

(6) Loan Other conditions required by the person. Article 15 The lender shall establish an independent credit file for each dealer borrower and update it in a timely manner. The dealer's credit file should contain the following contents:

(1) The dealer's name, legal representative and business address;

(2) Copies of various business licenses;< /p>

(3) The dealer’s insurance purchase, commercial credit and financial status;

(4) Loan card (number) issued by the People’s Bank of China;

(5) ) The model, price and purpose of the purchased car and parts;

(6) Loan guarantee status;

(7) Other information needed to prevent loan risks. Article 16 The loan amount provided by the lender to the dealer for the purchase of vehicles and/or spare parts shall be based on the dealer's average inventory for a period, and the specific period shall depend on the dealer's inventory turnover.