In the first quarter of 2026, Chongqing withdrew approval for 21 small loan companies.

NightAirdropper · 2026-04-01T10:45:05+00:00

The Chongqing Municipal Local Financial Supervision Bureau has announced that 21 microloan companies will exit the industry between January and March 2026. Among them, Chongtian Microloan Company is withdrawing due to the cancellation of its pilot qualification, while the other 20 companies are exiting based on regulatory measures decision notices, covering multiple regions.

NightAirdropper

2026-04-01 10:45:05

Abstract generation in progress

Beijing Business Daily reported (Reporter: Liao Meng). On April 1, the Chongqing Municipal Local Financial Administration issued a public notice table for industry exit of small loan companies in Chongqing for January–March 2026. 21 small loan companies officially exited the small loan industry, and the relevant institutions may no longer engage in any business related to small loans.

Judging by the types of exit documents, among the 21 companies, Chongqing Chongtian Small Loan Co., Ltd. exited after the approval to revoke its small loan pilot qualification, with the approval date being March 12, 2026. The remaining 20 all exited because they received a “Regulatory Measures Decision Letter” issued by the municipal local financial administration.

The public notice table shows that the 21 small loan companies that exited this time cover multiple areas in Chongqing, including Liangjiang New Area, Fuling District, Jiangjin District, and Jiulongpo District. Among them, Liangjiang New Area had the largest number of exits, with 7 companies; Fuling District had 2; and Jiulongpo District had 3.

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