CITIC Financial Leasing Co., Ltd.

CITIC Financial Leasing Co., Ltd.

CITIC Financial Leasing Co., Ltd. was established in February 2015 upon approval from China Banking Regulatory Commission, and officially opened on April 8 of the same year. With a registered capital of RMB 4 billion, it is an important strategic project of CITIC Group and CITIC Bank for serving the real economy.

The Company focuses on the development of leasing business in five fields, respectively clean energy, energy conservation and environmental protection, high-end equipment, modern transportation and people’s livelihood. It creatively developed the “leasing +” intra-industry cooperation system, and jointly initiated China’s first green leasing development community with others. Up to the end of December 2019, the asset scale of the Company was RMB 50.236 billion, and the balance of the leased assets was RMB 47.286 billion, of which the balance of green leasing accounted for 72%.

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