Since its establishment on December 28, 1999, CGC has received supports and acclaims from all circles in the community. Hereby, on behalf of all CGC people, I would like to express our sincere gratitude to our leading organizations of different levels, our partners, our peers and all SMEs in Shenzhen city.

For the past five years, CGC’s operation has been in good state, its influence has been extending, its service capability has been improving, and the number of benefited SMEs have been increasing. CGC has laid a sound foundation for its future development. By 31th December 2005, the accumulated number of guaranteed SMEs reached 2100 and the sum of guarantee amounted to 6.97 billion RMB. CGC’s business has been rising rapidly.

Shenzhen SME credit guarantee system is at the city level of the national “one body, two wings” SME credit guarantee system. In Shenzhen, “body” refers to CGC, which is sponsored by the government, and the “two wings” refers to the commercial guarantee companies and the non-governmental guarantee associations. As the “body”, CGC attributes to the building of the “two wings”. At the end of 2002, as the main sponsor, joined by 4 other credit guarantee companies, 6 commercial banks, 42 SMEs and 2 industry associations, CGC founded Shenzhen SME Credit Mutual Aid Association.

CGC is not satisfied with its current achievements. It looks forward to the future. CGC will arrange its tasks around the “reform” in 2006. CGC is inviting overseas investors and trying to reform from a sole government-sponsored institution into a business entity with multiple ownerships.

SME credit guarantee is a new industry in China. CGC aims to be the best credit guarantee organization in China, and is confident of realizing its goals -- first-class team, first-class achievement, and first-class brand.