Shanghai Fareast Credit Rating Co., Ltd., founded in 1988, is the first social professional credit rating organization in China, and one of large credit rating agencies in domestic. Under the guidance of the rating principle as "scientific, objective, fair and independent", Fareast Credit has become not only the earliest pioneer on the road to the credit system organization in China, but also the leading organization of China's national credit rating organizations as well as successor and defender emphasizing credit culture in the credit market in China. About 30 years of development of Fareast Credit is the historical miniature of Chinese credit rating development with "creation, mission, authority" all rolled into one.

Fareast Credit has the senior management team working in China's credit rating industry for many years; has the business team composed of nearly 100 excellent credit analysts, most of whom are the doctor and mater having the industry experience for several years; has the expert committee composed of Chinese famous experts in the field concerning the economy, finance and others; and has credit rating qualification affirmed by People's Bank of China, China Securities Regulatory Commission, China Insurance Regulatory Commission and other departments.

Fareast Credit once attended the several international and government summit meetings on behalf of the industry for many times, and participated in drafting, revising and consulting relevant national and local regulations and section rules. In 2003, it became the first rating agency joining in the Association of Credit Rating Agency in Asia (ACRAA). As the best practice committee member of ACRAA, it took charge of the formulation of practice standard of rating.

Through about 30 years of development, Fareast Credit has moved towards the entire country from Shanghai, and has set up branches in Beijing, Zhejiang, Guizhou, Sichuan, Guangdong, Hunan and other places. Fareast Credit is committed to becoming the domestically leasing and internationally first-class credit rating agency.