Company News
Helping "Create Happiness in Labor" and Doing Our Part to "Achieve Greatness through Real Actions".
International Labor Day is approaching once again. During this festival of workers, we celebrate the dazzling glory of labor, and share our heart-stirring stories of struggle. From the fields and factories, to office buildings and scientific research stations... billions of workers are creating happiness through their labor on all fronts. JIC Leasing serves industrial entities with financial leasing services, helping workers from all walks of life to work hard and strive for the common achievement of Chinese modernization, and writing a brand-new chapter in this new era of progress.
Serving Green Energy Transition
Wind Power
In the mountains, grasslands, deserts and oceans ... "Super windmills" have been erected from the ground up, converting wind energy into electricity. Driven by the country’s "dual carbon" policy, wind power generation is gradually becoming one of the main sources of energy in China after years of rapid development. Overall wind power generation in 2023 reached 809 billion kWh, up 12.3% year on year. The National Development and Reform Commission worked with other departments to organize and implement the "Wind Riding Action of Ten Thousands Villages in One Thousand Townships", bringing benefits to the rural application of new energy. This will open up new growth poles for new energy development, promote the rural energy revolution, and further promote the development of the wind power industry. JIC Leasing is providing financial leasing services to a wind power project in Shanxi with an installed capacity of nearly 100MW. This project has realized grid-connected power generation and full Internet access, achieving full load and stable operation, and becoming an important part of local power support.
Photovoltaic Power
Photovoltaic power generation is a key part of modern energy transformation. As one of the "new trio" driving China's foreign trade exports, the photovoltaic power generation industry has soared in recent years. China's new photovoltaic power generation installed capacity reached 216.30GW in 2023, marking a record high. It is expected that by 2030, China's installed capacity will reach 500 million kilowatts, with a market size of trillions of yuan. JIC Leasing has continued to increase its support for the green energy sector and accelerated its coverage in the field of distributed photovoltaic power generation. The Company has provided financial leasing services for distributed photovoltaic power stations under construction to a new energy enterprise in Zhejiang Province, in order to promote the construction of new energy supporting infrastructure; It has also worked with a large energy company to support the operation of distributed photovoltaic power stations. The income generated by the power station has benefited more than 20 village collectives and more than 400 financially-stricken households.
Energy Storage
With the increasing mismatch between clean energy power generation and electricity consumption, issues involving complicated grid regulation and local consumption of clean energy continue to emerge. As a key link between energy production and consumption, energy storage technology is becoming increasingly important. As a giant "charger", energy storage power stations can effectively solve the issues of intermittency and instability, while improving energy utilization efficiency. JIC Leasing creates standardized financial leasing products for industrial and commercial energy storage power stations to support the rapid construction of industrial and commercial energy storage power stations. These have been implemented in bulk in Zhejiang, Jiangsu, Guangdong, Anhui, Hunan, Hubei and other provinces.
Hydrogen Energy
With zero pollution, low noise, high efficiency and high mileage, hydrogen energy buses will contribute to the creation of a green public transportation system for the city. Over the past decades, the kinetic energy source of public buses has changed, first from diesel and gasoline to hybrid and pure electric, and then to the hydrogen energy vehicles of today. As an important application in new quality productivity, the hydrogen energy industry has now entered a critical period of development. JIC Leasing works with a hydrogen energy vehicle technology company to support the promotion of their application technology in hydrogen fuel battery vehicles. The Company also provides financial leasing services to a Provincial Specialized, Refined, Differential and Innovative Enterprise in Hebei Province. The enterprise has recently built the largest capacity (coking) tail gas to fuel hydrogen project in the iron and steel industry, with an annual output of 100 million cubic meters of hydrogen. The output can meet the daily use of 700 heavy fuel cell trucks and other fuel cell vehicles.
Serving Advanced Equipment Manufacturing
Oil and Gas Equipment
China is highly dependent on foreign countries in terms of its oil and gas supply. Energy security is related to the stable operation of the economy, and China should firmly hold the "livelihood" of energy in its own hands. With the development of oil and gas exploration and development technology, China has now entered a new growth stage that emphasizes both conventional and unconventional oil and gas. Unconventional oil and gas has become an important resource for the stability of China's future production capacity, and mainly consists of shale gas, shale oil, tight gas and coal bed methane. Fracturing equipment (including fracturing trucks and fracturing skids) are key components of shale oil and gas extraction. Fracturing technology is not only applicable to the development of unconventional oil and gas resources, such as shale oil and gas, but also form a core part of the technology needed to increase production in older oil fields. Model 2500 fracturing trucks can be used for all kinds of fracture operations in deep wells and medium-deep wells in the oil and gas fields. JIC Leasing stays close to customers' needs and continues to engage in the operational leasing of oil and gas equipment.
Shipping
Container ships, passenger and cargo ships, ro-ro ships, tankers, chemical tankers... Shipping is an important and fundamental part of the global economy, involving countless different types of ships. The shipping industry is responsible for more than 90% of the world's trade and transportation. Eco-friendly and energy-saving ships with better fuel economy and environmental standards can effectively reduce carbon emissions and contribute to the green and low-carbon transformation and development of the shipping industry. JIC Leasing continues to help the transformation and upgrading of China's shipping and shipbuilding industries, and has leased more than ten vessels, including an 82,000-ton bulk carrier, a 76,000-ton domestic trade bulk carrier, and a 56,000-ton bulk carrier. A variety of operating modes have been put into practice, including direct leasing and leaseback of USD second-hand vessels, direct leasing of RMB new builds, leaseback of second-hand vessels, and operational leasing.
Aerial Work Platforms
Construction engineering, building facade decoration and maintenance, warehousing and logistics, petrochemicals, municipal landscaping, airports, ports... The aerial work platform is now an indispensable piece of equipment in modern industrial construction. As a result of this, the operational rental market for aerial work platforms is developing rapidly. JIC Leasing vigorously promotes the leasing business of small equipment such as aerial work platforms, mining trucks, heavy trucks, excavators and loaders, creating standardized financial leasing products for smaller equipment such as construction machinery and vehicles. The Company also supports sales of made-in-China equipment, serving small and medium-sized enterprises in the fields of rural revitalization, freight logistics, farmland water conservancy, engineering construction, and resource exploitation. The Company has cooperated with an attached lifting operation platform enterprise in Hebei Province to provide financial leasing services and support the upgrading of its product customization technology. More than 1,000 aerial working platforms have been purchased from a leading manufacturer in the domestic aerial working platform industry, most of which have been provided to a national aerial working platform lessor in the form of operational leasing, and a small number of which have been provided to another aerial working platform lessor in the form of direct leasing to expand its fleet size.
Serving the Construction of Digital China
Big Data
With the continuous development of 5G communication technology, cloud computing, the Internet of Things, artificial intelligence and other new technology applications, the big data center is not only a server room, but also a guarantee of infrastructure for all kinds of information systems. It is known as the "granary" of the Internet era. JIC Leasing continues to focus on the electronic information sector and has increased its support in the areas of data centers, 5G communications and hashrate. The Company currently provides financial leasing services to an IDC industry service provider in Guangzhou to support the construction of its data center, serving such major customers as Tencent, Tmall, Kingsoft Cloud, Didi Dache and other large domestic Internet manufacturers. It also provides financial leasing services to a big data operation company; this company is a national backbone enterprise of the China Telecom State Cloud, and a national service node of the Huawei Government Cloud. By means of direct equipment rental, the Company has purchased 50 sets of Inspur high-performance servers equipped with NVIDIA H800GPU on behalf of a hashrate service enterprise, so as to provide intelligent government service operators with large model training software resources and supporting technical services.
Printed Circuit Boards
From small electronic watches and calculators to large computers and communication electronics, printed circuit boards (PCBs) are used wherever electronic components are found. As a key component of electronic products, PCBs are known as the "mother of electronics", and are widely used in consumer electronics, automotive parts, communications equipment and other fields. China's PCB market reached RMB 309.663 billion in 2023 and is expected to increase to RMB 330.071 billion in 2024. JIC Leasing provided financial leasing services to a leading PCB enterprise in Sichuan in support of its PCB production line expansion project. The enterprise has an annual production capacity of 24 million square feet of multilayer high-density PCBs, and 7.2 million feet of flexible PCBs (FPCs) and flexible-rigid PCBs. The company’s products are used in high-end smartphones, communications, wearable devices and other fields.
Lithography Machines and Etching Machines
The three most important aspects of chip manufacturing are lithography, etching and deposition. As the most critical and complex processing equipment in integrated circuit manufacturing, lithography machines are not only technically complex, but also expensive. Their main task is to accurately carve out hundreds of millions of transistors and electronic components onto a tiny chip. This is the link that is most susceptible to technical bottlenecks in the chip manufacturing process. The etcher is required for etching fine circuit patterns onto the wafer, a critical step following lithography, which is essential for ensuring chip performance and stability. With the urgent demand for high-end chips and unprecedented opportunities for localization, JIC Leasing has actively seized the latest reform opportunities within the information technology industry. This has involved providing financial leasing services for enterprises based on leased property of core equipment such as lithography machines and etching machines in production lines for structural processing of piezo-electric and microelectromechanical systems (MEMS), and to ensure the orderly release of production capacity.
Serving People for a Better Life
Aircraft
Fast, efficient, and unrestricted by terrain, helicopters play an important role in emergency rescue services. Mi-171 helicopters are universally recognized as a mature model, with low requirements for take-off and landing, good commercial loading capacity, large cabin space, and high-performance engines that are very suitable for carrying out emergency rescue missions in complex conditions. As a result, they are widely used in flood control, fire prevention, and other tasks to safeguard people's livelihoods. The JIC Leasing fleet currently owns a number of Mi-171 helicopters which have been involved in forest fire suppression and control, earthquake rescue and other missions in Sichuan, Tibet, Heilongjiang, Inner Mongolia and elsewhere. At the same time, JIC Leasing provides domestic and foreign airlines with operational leasing and financial leasing services involving Airbus A350 twin-engine long-range wide-body passenger aircraft and Bombardier CRJ-900 twin-engine regional jet aircraft.
"Things have changed over the years, but our original aspiration of working for people's livelihood remains unchanged." As an important link in the integration of industry and finance, financial leasing has created a vivid picture, of people creating history and labor creating the future. It has also been entrusted with increasingly more responsibilities and missions. JIC Leasing is devoting itself to the great cause of national construction and rejuvenation with greater enthusiasm, engaged in a tenacious struggle for intelligent creation, in order to ensure a better life through labor.