Recently, JIC Leasing successfully applied for the first green entrusted loan under the Project of Air Pollution Prevention and Control for Coordinated Development of the Beijing-Tianjin-Hebei Region—CNIGC Investment and Financing Promotion Project with the Asian Development Bank for the purchase of green eco-friendly equipment for a photovoltaic new energy enterprise in Shandong Province.

This entrusted loan is the first green entrusted loan completed by JIC Leasing. The Asian Development Bank first issued a Euro sovereign loan to China National Investment and Guaranty Corporation (“CNIGC”), a member enterprise of China Development and Investment Corporation. After foreign exchange settlement, CNIGC will entrust the Bank of Beijing to issue the loan for directional support for green projects related to air pollution control. The CNIGC the Asian Development Bank Project has been honored with the Asian Development Bank Best Project Performance Award, included in the Demonstration cases of UN Climate Action Summit, and highly recognized by the government and international financial institutions for its implementation results. The project will help reduce air pollution and optimize the city's energy structure, and is expected to reduce the carbon dioxide emissions, sulfur dioxide and other gases and solid particulate matters by about 15,100 tons per year.

An active practitioner for the idea of green development, JIC Leasing is committed to providing customers with green financial services for green projects in key areas such as clean energy, energy conservation and emissions reduction, pollution control and green transportation. Continuously working in green leasing, JIC Leasing will take the strategic direction of sustainable development, maximize the environmental, social and economic benefits to help achieve China’s Carbon Peak and Carbon Neutrality goal.