CMB Financial Leasing Co., Ltd.

On April 23, 2008, as one of the first batch of bank-affiliated financial leasing companies designated for pilot by the State Council, CMB Financial Leasing Co., Ltd. officially commenced operations in Shanghai with an initial registered capital of RMB 2 billion. After three capital increases, the company's registered capital is currently RMB 12 billion, wholly owned by China Merchants Bank.

Since its inception, CMB Financial Leasing has consistently upheld the business philosophy of its shareholder, China Merchants Bank, of "Transforming with You." It has launched financial solutions for ten major industries, including aviation, shipping, energy, infrastructure, equipment manufacturing, environment, health and cultural tourism, public transportation and logistics, smart connectivity and integrated circuits, and interbank leasing, establishing a relatively comprehensive financial leasing product and service system.

After more than a decade of diligent efforts, through the stages of "initial take-off" and "transformation and leapfrogging," CMB Financial Leasing has achieved balanced development in terms of "benefits, quality, scale, and structure," with all business indicators ranking among the forefront of the industry. It has also expanded its international business to regions and countries such as Hong Kong, Ireland, and Singapore. The excellent operational performance of CMB Financial Leasing has been highly praised by major domestic and international rating agencies and authoritative media, earning high international ratings as well as several renowned industry awards.

In 2021, CMB Financial Leasing formulated a medium- and long-term strategic development plan (2021-2025). In the future, the company will adhere to its original mission of "Serving the Real Economy, Equipping the Future," adopt a development strategy of "professionalization, internationalization, and digitalization," return to the essence of leasing, highlight the differentiated advantages of leasing products, and strive to become a financial leasing enterprise with specialized expertise in new growth industries, a steady international layout, and digital technology empowerment, contributing greater strength to promoting high-quality economic and social development.