JIC Leasing recently provided financial leasing services to an eco-friendly water-based coating manufacturer in Guangdong Province to help the equipment upgrade and technical transformation of its production line.

Founded in 2000, the enterprise is a National High-Tech Enterprise specializing in R&D, production, and sales of water-based emulsions and polyester for powder coatings. Its products are used in architectural coatings, home appliance hardware, textile agents, special paper, leather products, aluminum alloys, construction machinery and many other industries.

This financial leasing service helps the enterprise carry out equipment replacement and technical upgrade of its P2 production line of Class A workshops. After upgrading the production line equipment, facilities can be fully interconnected, greatly improving the intelligence and operating efficiency of the equipment. The enterprise will also upgrade its flavor purification system to solve the problem of exhaust gas treatment during emulsion production, supporting its environmental protection commitments.

On March 7, 2024, the State Council issued its "Action Plan to Promote Large-Scale Equipment Renewal and the Exchange of Old Consumer Goods for New Ones". Promoting the upgrading of large-scale equipment and replacing old consumer goods with new ones is an important measure to accelerate the establishment of a new development model and promote high-quality development. This will strongly boost both investment and consumption, benefiting current and long-term development. JIC Leasing helps enterprises upgrade their equipment, promote high-end, intelligent, green equipment replacement, and enhance the overall competitiveness of the manufacturing industry via equipment upgrade.