Motorola China Obtains Approval For Establishment of Wholly-Owned Finance Company

According to Tianjin Bureau of the China Banking Regulatory Commission, Motorola China recently obtained the approval by the China Banking Regulatory Commission for the establishment of a wholly-owned Motorola China Finance Company.

According to Tianjin Bureau of the China Banking Regulatory Commission, Motorola China recently obtained the approval by the China Banking Regulatory Commission for the establishment of a wholly-owned Motorola China Finance Company. The new company will involve RMB100M in registered capital and will provide wealth management and financing services to Motorola China’s inner companies.