China Development Bank Leasing

China Development Bank Leasing (hereinafter “CDB Leasing” or the “Company”) is a non-bank financial institution, in which China Development Bank holds majority stakes, approved by China Banking Regulatory Commission. It was registered in Shenzhen with registered capital 8 billion yuan.

The predecessor of the company, Shenzhen Leasing Co., Ltd was founded in Shenzhen in 1984. In 2008, the company was renamed as China Development Bank Leasing after China Development Bank increased capital and became the controlling shareholder. Since establishment, the company has a history of more than 30 years, making it one of the oldest and most influential financial leasing companies in the country. In the end of 2013, CDB Leasing was selected as the Director Company of Financial Leasing Committee of China Banking Association.

Since capital inception on May 29th, 2008, CDB Leasing has been following the guiding philosophy of professionalism, coordinated business and common development, expanding business scope, continuously increasing the asset scale, and steadily raising profits with main operation index outperforming peers in the industry. The Company holds on to innovative development and aims to serving real economy. Its business covers areas such as aviation, ships, automobiles, engineering machinery, urban infrastructure, large equipment, highway, railway, electricity energy, affordable housing, and SMEs in over 20 countries and regions. Also as a platform for leasing business under the comprehensive financial service system of China Development Bank, CDB Leasing actively coordinates with China Development Bank in following national strategies, supports key sectors including industrial transformation and upgrading as well as international corporation, supports domestic equipment manufacturing, and serves businesses to “go global”.

For years, CDB Leasing has devoted itself to “creating value for clients”. Through the functions and role of leasing, the Company customized optimal financial leasing service solutions for clients, forming different funding support models catering to businesses of large, medium, small and micro sizes to help tens of thousands of businesses for sound growth. Against the big backdrop of Chinese economy stepping into the "new normal" phase, CDB Leasing will keep fulfilling its social responsibility of “bettering livelihood and serving real economy” through real action, and developing financial leasing products more beneficial to social and economic development and more convenient for clients to finance funds and assets through constant innovation. The Company strives to create more value for clients, contribute more to invigorating social assets in stock and play a more proactive role in economic transformation and upgrading.

In 2014, Moody's, S&P and Fitch, three international rating institutions, assigned A1, A+ and A+ long-term ratings to CDB Leasing, outlook stable. That rating result is only second to sovereign rating, reflecting that CDB Leasing is one of the highest-rating financial institutions in China and one of the leasing companies with the highest credit globally.

CDB Leasing is committed to developing into an internationally top-notch financial leasing company and becoming a global brand in Chinese leasing industry. We sincerely hope that we can work with all walks of the society and make more contributions to the prosperity of Chinese leasing sector and the development of real economy.