Recently, CDB Leasing, Contemporary Amperex Technology Co., Ltd. (CATL), and DST Car Rental jointly held a Party building activity under the campaign for “staying true to our founding mission” in Ningde, Fujian Province. The event saw the reaching of a tripartite agreement for industrial cooperation. CDB Leasing’s Vice President Liao Yazhong, Chief Risk Officer Shi Yongkun, President of CATL’s Commercial Business Unit Han Wei, and DST Car Rental’s Chair and CEO Zhang Haiying attended the event.
Joining hands with CATL and DST Car Rental, CDB Leasing launched the activity under the campaign to promote Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era in Ningde, where the thought sprang from and was brought into practice. Representatives from the three companies visited Ningde’s poverty eradication-themed exhibition as well as CATL’s exhibition and power battery production line, discussed what the good practice and work style of General Secretary Xi Jinping during his stay in Ningde have to offer, and perceived the poverty-reduction philosophies originated form east Fujian, including earlier endeavors for impoverished areas, perseverance and grassroots-level governance methods. In addition to capturing the essence of the thought, attendees also called on joint efforts to enable inclusive and common development.
CDB Leasing, a professional lessor under China Development Bank, has been advancing China’s domestic vehicle market to promote green transport. Amid the recent rapid growth of new energy vehicles (NEVs), CDB Leasing has embraced the game-changer, following the trend of industrial restructuring and upgrade and mapping out new business. Innovated green financial products and services have resulted in cooperation with multiple players across the NEV industrial chain and breakthroughs in NEV-propelled urban logistics.
CATL is a global leader in new energy innovative technologies. To put in place the tripartite cooperation, interconnected efforts will be made according to respective demands and corresponding polices, so that the companies will contribute to the full electrification of vehicles used in China’s public transportation, fulfilling their corporate responsibilities in green, low-carbon development and achieving the carbon peak and neutrality goals. CDB Leasing and CATL will draw on their strengths to facilitate technological upgrades of DST Car Rental, which will gain a more stable supply of superior-quality NEV batteries and financial products with the risks under control. Also, the technological upgrades will help shape a standardized industry, expediting the sustained, sound growth of new energy logistic vehicles.
At this event, the companies acquired an in-depth understanding of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, agreeing that they will seize the time and always bear in mind why they started, assume the corporate responsibilities in serving green development and the nations’ carbon peaking and carbon neutrality goals with their respective strengths, and make more substantial contribution to the real economy, people’s wellbeing and green development.
