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CDB Leasing empowers real economy through innovation

Source: Time:2024-11-12

From November 7 to 9, the 18th Shenzhen International Finance Expo (Shenzhen FINEXPO), themed on “stimulating new financial growth drivers and boosting new quality productive forces”, was held. At the event, CDB Leasing exhibited its innovative progress in finance and contributions to the real economy, new quality productive forces, and the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Shenzhen Pilot Demonstration Zone.

CDB Leasing, a frontrunner in China’s commercial aviation leasing sector, has played a pivotal role in propelling the sector’s marketization and global outreach. It is also among the first to embrace the COMAC C919 aircraft. In its ship business, CDB Leasing is a staunch advocate of domestically manufactured ships, with nearly 80% of its newbuilding fleet from domestic construction. As a key player in the domestic vehicle and construction machinery leasing market, CDB Leasing has invested over RMB100 billion to serve over 70,000 customers. Over the past two years, the company has channeled RMB24 billion to individual users through its digital leasing, significantly easing their financing challenges. In green finance, CDB Leasing has ramped up investments in integrated circuits, new energy vehicle manufacturing, traction batteries, and clean energy power plants, reaching a total installed capacity of new energy power plants at 10.31 GW. When it comes to regional development, CDB Leasing has been a steadfast supporter of such emerging industries of strategic importance as aviation, shipping, and clean energy in the Guangdong-Hong Kong-Macao Greater Bay Area, with a cumulative capital commitment exceeding RMB25 billion.

At this year’s Shenzhen FINEXPO, CDB Leasing showcased how it fulfilled its responsibilities as a state-owned financial enterprise through all-round efforts, including its concrete measures as well as latest achievements in product and business innovation to contribute to the real economy, the transformation in the leasing sector, and the development of new quality productive forces. CDB Leasing’s high-quality growth was widely applauded at the event.

At the 18th Shenzhen International Finance Expo