Automotive brand HONGQI (translated as “The Red Banner”) – is a premium car manufacturer from China with a long history and rich heritage. It was founded in 1958 and for more than half a century has been specializing in production of vehicles for government and political leaders of the country. In 2018 the decision was made to transform the brand and as a result HONGQI model range appeared that was available for purchase. Current HONGQI model range in Russia includes 7 vehicles: a flagship executive sedan H9, premium electric SUV E-HS9, business minivan HQ9, premium SUV HS7, business sedan H5, midsize SUV HS5 and urban SUV HS3. HONGQI has been officially in Russia for more than a year.

PJSC Sberbank is Russia’s largest bank and a leading global financial institution. Holding almost one-third of aggregate Russian banking sector assets, Sberbank is the key lender to the national economy and one of the biggest deposit takers in Russia. The Government of the Russian Federation represented by the Ministry of Finance of the Russian Federation is the principal shareholder of PJSC Sberbank owning 50% plus one voting share of the bank’s authorized capital, with the remaining 50% minus one voting share held by domestic and international investors. It holds general banking license No. 1481 dd. August 11, 2015, from the Bank of Russia.