JIC Leasing recently partnered up with a construction machinery manufacturer to provide financial leasing services for its 58 downstream customers to purchase 137 construction vehicles using the manufacturer leasing model.

According to the China Machinery Industry Federation, the operating income of the construction machinery industry declined by more than 12% in 2022, while in the first eight months of 2023, orders in the domestic construction machinery market were generally lower than expected. In the short term, the Chinese market will remain under pressure, but should improve over time. In the long term, the domestic market should display a stable, positive growth trend.

Financial leasing, with its natural equipment financing strengths, connects equipment manufacturers with small and medium-sized customers. It is an important means of sales for manufacturers, as well as an important way for end customers to realize financing, which can be a great support for the development of the industry. This financial leasing service helps manufacturers to quickly recover funds and expand sales, while also supporting the financing of small and micro customers and the recovery of the real economy.

JIC Leasing actively practices the concept of inclusive financing, making precise efforts to support the real economy, increasing support for the equipment manufacturing industry, and promoting the sound development of the real economy.