JIC Leasing has recently offered captive leasing that is worth 400 million yuan to a certain high-end equipment manufacturer in support of its development in the manufacturing of high-end equipment such as tunnel-boring machines.

Tunnel-boring machines are widely used when digging tunnels for subways, intercity rail, hydraulic works and municipal engineering. They are considered as major technical equipment. The manufacturer researched and manufactured the first electric-driven major tunnel-boring machine of China, thus ending the monopoly in this field by developed countries such as Germany, Japan and the U.S. Following the proposal of the “new-infrastructure construction” strategy and as one of the seven major fields of “new-infrastructure construction”, high-speed intercity rail and intercity rail face large-scale development, which drives up the demand for tunnel-boring machines.

JIC Leasing actively responds to national policies and vigorously expands its presence in high-end manufacturing, as it provides captive leasing and supports the technological research and development and transformation of high-end manufacturers. The Company strives to allow finance to play a supporting role in the real economy.