JIC Leasing recently provided financial leasing services to a high-tech precision machinery manufacturing enterprise in support of its technological transformation and equipment renewal.

The enterprise’s main business covers precision machining of aerospace, medical and other high-precision mechanical components. Products include rockets, satellites, aircraft parts and process equipment (molds, gauges, etc.).

Precision parts guarantee the functionality of the whole product, and they always have very high requirements in terms of quality, consistency and durability. The enterprise boasts great technical strengths in machining all kinds of precision parts and components. Since its establishment over 30 years ago, it has developed its precision parts machining capacity and attracted a group of craftsman-level technical engineers. With its leading technology and high precision product quality, it has attracted a large number of high-precision customers.

The manufacturing industry is the core of the modern industrial system, and its degree of technological sophistication reflects a country's scientific and technological capabilities, international competitiveness and overall national power. China's manufacturing industry is "big but not strong", with a gap between it and the world's major manufacturing powers. One of the most prominent examples is the country’s lagging machining capacity for supporting parts. Hence, JIC Leasing actively contributes its financial strength to the high-quality development of the manufacturing industry, serving the technological transformation and equipment upgrading needs of manufacturing enterprises, and supporting the drive to create a strong manufacturing power with a strong quality system.