The Company integrated financial technology resources to set up a technology leasing division.
China Development Bank Financial Leasing Co., Ltd., a national non-banking financial institution regulated by CBIRC, is the first listed financial leasing company in mainland China and the sole listed leasing business platform of China Development Bank. Founded in 1984, CDB Leasing is a pioneer and a leader in the leasing industry in the PRC. Adhering to the mission of “Leading China’s leasing industry, serving the real economy”, the Company is dedicated to providing comprehensive leasing services to high-quality customers in fields including aviation, infrastructure, shipping, inclusive finance, new energy and high-end equipment manufacturing, with leasing assets and business partners reaching throughout over 40 countries and regions all over the world, enjoying relatively high international credit ratings, namely “A1” by Moody’s, “A” by Standard & Poor’s and “A+” by Fitch.
As one of the first leasing companies established in the PRC, CDB Leasing has witnessed and participated in the development of the PRC leasing industry, experienced various economic cycles in the industry and regulatory reforms, and gained abundant experience through our exploration in business sectors, product innovation, risk management and control, operation management and other aspects. At the same time, CDB Leasing has been continuously adhering to the balanced development of scale, quality and efficiency. Through exploration of different business sectors in a planned manner, continuous product innovation and business improvement as well as enhancement of corporate governance, CDB Leasing outpaced peers in terms of asset scale, profitability and risk control, and formed a business development model with obvious advantages of core competitiveness and prominent sustainable development capabilities.
As China unwaveringly pursues high-quality development and continuously enhances the ability of finance to serve the real economy, the PRC financial industry becomes more market-oriented and international and the market demand for bespoke leasing products and services is increasing, and the leasing industry is experiencing important development opportunities. We believe that our long operating history, leading market position, well-developed business model and premier brand will enable us to seize such opportunities, achieve sustained growth, and continue to maintain our leading position. We will constantly upgrade our business model, improve our professional service capabilities and strive to move forward for achieving the vision of building a world-class financial leasing company.
The Company integrated financial technology resources to set up a technology leasing division.
The Company pioneered in digital transformation in the industry. Total assets exceeded RMB300 billion; it established the development strategy of “market-oriented, professional, internationalized and digitalized operation”; the technology leasing division was established.
The Company established three divisions of inclusive finance, new energy & equipment and ship leasing.
The Company moved into the newly built office building “CDB Finance Center”.
The Company got listed on the main board of HKEX and became the first listed financial leasing company subject to regulation by the CBIRC (Stock code: 1606.HK). It has obtained approval from the CBIRC to set up a subsidiary specializing in aviation finance overseas—China Development Bank Aviation Finance Leasing Co., Ltd.
The Company was reorganized into a joint stock company with limited liability, and renamed China Development Bank Financial Leasing CO., Ltd.
The Company completed the purchase of 130 mainstream narrow-body aircrafts from Boeing and Airbus, and received from Moody’s and Fitch international credit ratings that were the same as China’s sovereign ratings.
Upon approval by the China Banking and Insurance Regulatory Committee (CBIRC), China Development Bank (CDB) became a controlling shareholder, and the Company was renamed China Development Bank Financial Leasing Company Limited, which was then the largest leasing company in terms of registered capital in the PRC.
The Company obtained approval from the People’s Bank of China to conduct financial business.
The predecessor, Shenzhen Leasing Company Limited, was established.
Leading China’s leasing industry, serving the real economy
Build a world-class financial leasing company
Prudence, professionalism, trustworthiness, mutual benefits
professional, market-oriented, internationalized operation and Digitalized
Balance among scale, quality and cost-effectiveness
Congruity of shareholder value, company value and employee value
Risk favors no one; everyone is responsible for risk control
A platform for career development, a stage for self-actualization
Shareholders' general meeting is the organ of the authority of the Company comprising all Shareholders. The Shareholders' general meeting is responsible for deciding on the operational policies, strategic development plans and investment plans of the Company; electing and replacing Directors (being not employee representative) and deciding on matters concerning their remuneration...
The Board of Directors shall exercise the following functions and powers according to law:
(1)To be responsible for convening the general meeting of shareholders and reporting the work to the general meeting of shareholders;
(2)To implement the resolutions of the shareholders' general meeting;
...
The company has a board of supervisors, which is the supervisory body of the company, which is responsible to the general meeting of shareholders, and supervises the company's finance, the directors and the president to prevent them from abusing their power and infringing upon the shareholders' rights and interests.
Articles of association
Rules of Audit Board
Working Rules of Nominating Board
The Company has obtained international quasi-sovereign credit ratings assigned by Fitch, Standard & Poor’s and Moody’s and maintained the highest credit ratings in the Chinese leasing industry. It is also one of the most creditworthy leasing companies in the world. These credit ratings help the Company further enrich the financing channels.