JIC Leasing recently provided financial leasing services to a lithium-ion battery cathode material manufacturer in support of the development of the lithium-ion battery industry chain.

Lithium-ion battery cathode materials are an important part of the battery industry chain, and account for the highest proportion of raw material costs. In lithium iron phosphate batteries, cathode materials take up about 40% of the overall cost, while in ternary batteries, they account for more than 50%. CATL and Great Power Energy are among the downstream customers of the lessee. With their industry-leading products, the lessee has been receiving a rapidly growing number of orders in recent years. In order to meet customer demands, the lessee has recently purchased a production line dedicated to supplying a leading lithium-ion battery manufacturer.

JIC Leasing acquired equipment for the customer in the form of direct leasing, easing the pressure of their lump-sum investment, and maximizing the effectiveness of the "financing + property leasing" model. This approach helps customers expand their production capacity while supporting equipment manufacturers to pay back as quickly as possible. Furthermore, due to a 3% local financial subsidy for direct leasing, this business partnership is able to reduce financing costs for the lessee.

The downstream of the lithium-ion battery industry chain involves new energy vehicles, energy storage and other fields, all of which are important industries for the realization of the country’s "dual-carbon" target. JIC Leasing has actively responded to this policy, and continues to expand its presence in the green and low-carbon industries. Significant efforts have been made to promote the development of green industries, assist the realization of the "dual carbon" goal, and support the real economy.