Xinhua News Agency, June 7, after being approved for establishment, Jianxin Consumer Finance Co., Ltd. was recently approved to open its business, becoming the 31st consumer finance company in the industry. at the same time, it is also the third consumer finance company under the state-owned major bank after Bank of China Consumer Finance and China Post Consumer Finance. Industry insiders said that at a time when the domestic consumer finance team is expanding, the competition in the industry may become more fierce. Looking to the future, a number of consumer finance companies said that they will continue to make digital transformation to improve the efficiency of customer acquisition, operation and risk control.