Zhao Weixing

On April 23, Xiaomi Finance announced that Zhao Weixing will He served as vice president of Xiaomi Finance and reported to Hong Feng, chairman of Xiaomi Finance. Zhao Weixing was previously the governor of Xinwang Bank.

Zhao Weixing has rich experience in the banking and Internet finance industries.

Public information shows that Zhao Weixing was born in 1975 and holds a master ’s degree in applied economics from Shanghai University of Finance and Economics. Director, Executive Director and Vice President of Zhejiang Internet Business Bank. And according to Xiaomi Finance’s official Weibo introduction, Zhao Weixing has also worked in innovative business leadership positions in major domestic banks such as Minsheng Bank, Pudong Development Bank, and Bank of Hangzhou. At the same time, he is also the founding president of Xinwang Bank, the third internet bank in China.

Sichuan Xinwang Bank is one of the three Internet banks in the country, which officially opened on December 28, 2016. The registered capital of Xinwang Bank is 3 billion yuan, initiated by shareholders such as New Hope Group, Xiaomi, and Hongqi Chain. It is the seventh private bank approved by the China Banking Regulatory Commission and the first private bank in Sichuan Province.

Xiaomi Finance is a wholly-owned subsidiary of Xiaomi Digital Technology Co., Ltd., with a registered capital of 30 million yuan, and the chairman and legal representative is Hong Feng, positioned as Xiaomi ’s comprehensive financial management The platform provides financial information services such as wealth management, loans, and insurance through cooperation with financial institutions.