Jiangsu Financial Leasing: Linking the World and Accelerating International Development
Jiangsu Financial Leasing Co., Ltd. celebrated its 5th anniversary of listing this year. Jiangsu Financial Leasing Co., Ltd., founded in 1985, is one of the earliest financial leasing companies in China, and also the first financial leasing company to land in the A-share main board market.
The company has been speeding up its internationalization exploration in three aspects: internationalization of equity, internationalization of business development and internationalization of capital use.
In terms of equity internationalization, since 2009, the company has introduced International Finance Corporation (IFC) and BNP Paribas Lease Group as shareholders, and established a diversified and international board team. There are 11 directors, including 2 directors of Chinese and foreign shareholders (1 Belgian), with an average working experience of over 20 years.
In terms of internationalization of business development, the company focuses on international manufacturers, strengthens cooperation with global top equipment manufacturers such as GE, Heidelberg and Dell, and provides support for domestic enterprises to import and purchase foreign advanced equipment. The company cooperated with BNP Paribas Lease Group to set up a factory financing center, and BNP Paribas Lease Group sent two international leasing experts to work in the company. In terms of cross-border ship leasing business, at present, the company has launched 48 cross-border ship leasing businesses with an investment of about 671 million US dollars.
In terms of internationalization of capital use, the company strengthened cooperation with IFC, BNP Paribas, Bank of Communications Tokyo Branch and other overseas institutions, promoted the completion of the first green financial bond of 2 billion yuan, successfully issued green syndicated loans of 500 million yuan and 140 million US dollars, and successfully introduced cross-border RMB of nearly 1.3 billion yuan.
Up to now, the company has successfully provided financial leasing services for more than 200,000 enterprises and self-employed households in China, with more than 2,000 cooperative manufacturers and distributors worldwide.