Recently, JIC Leasing has invested in financing leases in Shaanxi Construction and Installation Group’s comprehensive phosphorus chemical project in Malaysia to support Chinese enterprises in "going global" and assist with the "Belt and Road" construction.

Investment and repayment in the project are made in US dollars to make full use of the company's overseas financing advantages of issuing bonds in US dollars, which can avoid exchange rate risk while maximizing capital efficiency.

Malaysia is both a core participatory country in the "Belt and Road" initiative and a core ASEAN country. The first phase of the comprehensive phosphorus chemical project in Malaysia includes devices with an annual output of 48,000 tons of yellow phosphorus, 75,000 tons of furnace-process phosphoric acid, 60,000 tons of phosphoric acid for food and for support of public utilities. This is a key project in Malaysia.

JIC Leasing actively carries out the "Belt and Road" initiative, furthers the business development in core "Belt and Road" regions, actively responds to market changes, innovates in products and services, and gives full play to its professional advantages, offering financial support for Chinese enterprises to "go global", assisting the export of China's equipment, and improving the global competitiveness of China's manufacturing industry.