Since 1996, People’s Bank of China Shanghai Head Office granted FECR the qualification of engaging in the Loan Enterprise Credit Rating Service in Shanghai;

In 1997, People’s Bank of China issued NO.[1997]547 document to recognize the FECR’s qualification of engaging in security credit rating business nationwide;

In July 2003, China Insurance Regulatory Commission granted the credit rating qualification of FECR by the document Bao Jian Fa [2003] No. 92, and insurance companies may buy and sell corporate bonds at Class AA or above as rated by FECR;

In September 2003, based on the document “Fa Gai Cai Jin [2013] No. 1179 of National Development and Reform Commission, FECR had the “rating qualification for corporate bond”;

In June 2004, FECR was granted the corporate contract credit business qualification recognized by the Shanghai Administration for Industry and Commerce.

In August 2004, the National Development and Reform Commission chose FECR as the cooperation organization for national small entity credit collection and credit rating;

In January 2005, People’s Bank of China affirmed the credit rating qualification of FECR for small and medium-sized entities in Shanghai;

In April 2005, People’s Bank of China Shanghai Head office and Shanghai Banking Regulatory Office chose FECR as the intermediary for business group credit rating in Shanghai;

In June 2005, Credit Informaition System Bureau of People’s Bank of China accepted FECR as one of the first lot of interbank bond market credit rating organizations based on the Opinions on Interbank Bond Market Credit Rating;

In July 2005, FECR entered into the Centralized Purchasing Contract (for Consulting Service) with China Development Bank, and became a rating organization appointed by China Development Bank;

In 2006, FECR was chosen as a security agency credit rating organization by the Head Office of People’s Bank of China;

In May 2014, FECR was granted to the securities market credit rating service license by China Security Regulatory Commission;

In August 2015, FECR was approved to be a member of Insurance Asset Management Association of China to be able to rate the related products under the control by China Insurance Regulatory Commission.