COMPANY PROFILE

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.

Business Scope
DEVELOPMENT PATH
2021

The Company integrated financial technology resources to set up a technology leasing division.

2021

2020

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.

2020

2019

The Company established three divisions of inclusive finance, new energy & equipment and ship leasing.

2019

2018

The Company moved into the newly built office building “CDB Finance Center”.

2018

2016

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.

2016

2015

The Company was reorganized into a joint stock company with limited liability, and renamed China Development Bank Financial Leasing CO., Ltd.

2015

2014

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.

2014

2008

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.

2008

1994

The Company obtained approval from the People’s Bank of China to conduct financial business.

1994

1984

The predecessor, Shenzhen Leasing Company Limited, was established.

1984

  • 2021
  • 2020
  • 2019
  • 2018
  • 2016
  • 2015
  • 2014
  • 2008
  • 1994
  • 1984
COMPANY CULTURE
Corporate Governance

Shareholders' general meeting

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...

More
Shareholders' general meeting

Board of directors

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;

...

More
Board of directors

Supervisors composition

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.

More
Supervisors composition

Senior management

Senior management

More
Senior management

Corporate governance system

Articles of association

Rules of Audit Board

Working Rules of Nominating Board

More
Corporate governance system
ORGANIZATION

Main Honor
Credit Rating

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.