JIC Leasing has recently completed the business-change registration and the replacement of business license after receiving additional capital from China Jianyin Investment Ltd. (JIC), raising the registered capital from 2.66 billion yuan to 3.46 billion yuan.

The capital increase has further built up the Company’s capital strength, risk-resistance capacity and market influence, which will help the Company focus more on professional business areas and expand and strengthen competitive industries.

JIC Leasing will actively and thoroughly implement the decisions and plans of the central government concerning the finance serving the real economy, so as to provide more business entities with finance-leasing services and flexible and efficient solutions. The Company will help them tackle financing challenges such as equipment replacement and asset revitalization, while continuously improving its general abilities to serve the real economy and achieve the value preservation and appreciation and the high-quality development of state-owned assets.

JIC, the Company’s controlling shareholder, is a general investment group that was founded in 2004. Its mission is to drive technological progress, encourage industrial upgrade, develop cultural power, support consumption upgrade and help improve people’s livelihood. JIC is also committed to providing shareholders with capital returns that are long term, stable and sustainable while fulfilling its social responsibility as a state-owned enterprise.