Chengdu Fusen Noble House Co., Ltd. announced that its wholly owned subsidiary, Chengdu Chenghua Fusen Noble House Microcredit Co., Ltd., has received an Administrative Approval Decision from the Sichuan Provincial Financial Administration approving its application to exit the microcredit industry. The company will subsequently complete relevant industrial and commercial registration changes, revise its company name and business scope, and remove specific wording such as microcredit from its name and specific business wording such as loan issuance from its business scope. The matter was reviewed and approved at the ninth meeting of the company's sixth board of directors on May 20, 2026. The company said it will fulfill its information disclosure obligations in a timely manner in accordance with relevant regulations.
Chengdu Fusen Noble-House Industrial Co LtdSubsidiary approved to exit microcredit industry; impact on parent unclear.
Company approved to exit microcredit industry; will change name and business scope.
