In the Financial Billboard sponsored by Shenzhen Special Zone Daily, CDB Leasing won the “Annual Inclusive Finance Innovation Award”. The Financial Billboard event has been held for 17 years, becoming a highly influential financial media brand in Shenzhen. In 2024, the “18th Financial Billboard – Golden Banyan Tree Award” has remained true to its founding mission and exhibited the latest development of Shenzhen’s financial sector through the city’s progress and changes in various aspects.
In the spring of 2024, the concept of “new quality productive forces” was introduced in China’s government work report, calling for efforts to “spur industrial innovation by making innovations in science and technology”. Developing new quality productive forces is the intrinsic requirement and an important focus in the pursuit of high-quality development. Finance is the lifeblood of the national economy and an important component of national core competitiveness.
In advancing inclusive finance, CDB Leasing drives innovation and upgrades, focusing on expanding the coverage and improving the quality of its services. It continuously improves its product structure and helps meet demands in logistics, transportation, and public mobility in a customer-oriented way. Prioritizing customer service experience, CDB Leasing has built a more convenient, efficient, and diversified service system through digitalization. With its commitment to serving the real economy, it has received wide recognition for its innovative measures and practices in improving financial services for micro, small and medium-sized enterprises, advancing the development of construction machinery and vehicle leasing businesses, and promoting inclusive finance. These are the reasons why CDB Leasing was honored with the “Annual Inclusive Finance Innovation Award”.
China Development Bank Financial Leasing Co., Ltd. was founded as a pioneer of China’s leasing industry in 1984. It is a national non-banking financial institution regulated by the National Financial Regulatory Administration (NFRA), the only leasing business platform under the China Development Bank, and the first listed financial leasing company in China.
The inclusive finance segment covers a wide range of assets, including passenger vehicles, commercial vehicles, buses, construction machinery, agricultural machinery, power batteries, intelligent equipment, and dental medical equipment. Its end customers include large engineering enterprises, professional operation platforms, urban public transportation companies, as well as SMEs and individuals across the country.
In the field of new energy city distribution logistics vehicles, CDB Leasing has continued to develop innovative leasing products to meet market demands. This has effectively alleviated the financial pressure on end users and drivers while helping make the national “carbon peaking and carbon neutrality” goals a reality. Since 2023, it has gradually shifted its focus to retail business for passenger vehicles, actively exploring product innovations to meet customer needs, and has designed and promoted the financial product “Che Xiang Rong” to further upgrade and advance passenger vehicle retail services. As of the end of September 2024, CDB Leasing has placed more than RMB24 billion in the consumer-side passenger vehicle business, serving over 170,000 individual customers.
Source: Shenzhen Special Zone Daily (excerpt)
