Lu Xin Group is a state-owned enterprise. Lu Xin Group, formerly known as Shandong International Trust and Investment Company, was established on March 20 14 1987. It is a non-bank financial institution approved by the People's Bank of China and the People's Government of Shandong Province. In July, 20001year, Shandong Lu Xin Investment Holding Group Co., Ltd. was established with the approval of Shandong Provincial People's Government to meet the needs of diversified operation and collectivization development. Shandong Lu Xin Financial Holding Co., Ltd. (hereinafter referred to as Lu Xin Financial Holding Company) was established in September 2065438+2002. It is a state-owned holding company approved by SASAC of Shandong Province and Shandong Financial Office. Lu Xin Financial Holding Co., Ltd. focuses on equity investment in financial and quasi-financial fields, and acquires and controls institutions such as investment guarantee, micro-loan, pawn and financial leasing. Lu Xin Financial Holdings Co., Ltd. gives full play to its scale advantage and synergistic effect in the financing field of small and medium-sized enterprises, adheres to the business philosophy of "tailor-made financial services for customers" and provides a variety of package financing services for small and medium-sized enterprises.