Industrial Bank Financial Leasing Co., Ltd.

Industrial Bank Financial Leasing Co., Ltd.

Industrial Bank Financial Leasing Co., Ltd. is a nationwide financial leasing company established solely with the investment of Industrial Bank Co., Ltd. upon approval from the former China Banking Regulatory Commission, with a capital of RMB 9 billion. Since its establishment, Industrial Bank Financial Leasing has followed the overall business and customer development strategy of Industrial Bank, closely relied on the large platform of Industrial Bank Group, adhered to the market strategy of “differentiated competition, refined marketing, professional operation, and intensive development”, been committed to developing leasing business in many fields such as green leasing, public utilities, aviation leasing, vehicle and construction machinery, and equipment manufacturing, built a brand of “green leasing” in the market, and provided customers with comprehensive, high-quality and efficient financial services.Tianhong Asset Management Co., Ltd.

Tianhong Asset Management, established in November 2004, is one of the nationwide public fund management companies approved by China Securities Regulatory Commission. It currently has a registered capital of RMB 514.3 million. In 2013, Tianhong Asset Management and Alipay jointly launched Yu’ebao, and Tianhong Asset Management acted as the manager of Tianhong Yu’ebao money market fund. Up to March 31, 2020, Tianhong Asset Management (including its special account and subsidiary Tianhong Innovation) had a total asset management scale of RMB 1,546.683 billion, which was leading in the industry. The Company is managing a total of 68 public offering funds, and its business scope covers secondary market stock investment, bond investment, cash management, derivatives investment, and equity, debt, and other property rights investment.

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