Recently, JIC Leasing issued a finance lease to a public transportation enterprise in a prefecture-level city in Hebei Province for procurement of new-energy electric buses and for the construction of smart bus terminals.

As the only local public transportation company, the enterprise operates 20 bus terminals and 83 bus routes and has about 710 vehicles. There are 160 gas buses which have been used for 8 years and need upgrading. Meanwhile, the enterprise is a participant in the construction of the high-speed railway hub station. This finance lease is intended to help the enterprise with the replacing of new-energy electric buses, the procurement of new smart equipment like smart charging piles and construction of bus terminals.

An active practitioner of green development concept and a supporter of the development of green and low-carbon industries, JIC Leasing has increased its funding to new-energy public transportation systems to promote “carbon emission reduction” and boost ecological conservation.