Yibainian Financial Leasing Co., Ltd.

CITIC Yibainian Financial Leasing Co., Ltd. is a foreign-invested financial leasing company established in mainland China as a return investment by CITIC Yibainian Capital Co., Ltd., the investment platform of CITIC Group in Hong Kong. The company was founded in August 2012, with its registered address in the Optics Valley New Technology Development Zone, Wuhan, Central China. Its regional location is in the center of China (Hubei Province, known as the thoroughfare of nine provinces), a city where the national north-south high-speed rail network intersects, possessing strong economic, transportation, and talent advantages. In its early days, the company was a wholly foreign-owned enterprise, with its parent company being CITIC Yibainian Financial Leasing Holdings Co., Ltd. (Hong Kong). The main business of CITIC Yibainian Financial Leasing Co., Ltd. includes financial leasing, operating leasing, commercial factoring, leasing consulting, and disposal of residual value of leased assets. The company plans to take financial leasing as its business foundation, supplemented by commercial factoring, leasing consulting, leasing asset management, and other business varieties, forming a "grand leasing" commercial pattern. It aims to manage the company on a platform basis, building it into a financial services platform with diversified financial service varieties such as leasing, factoring, and asset management. As the operational platform for non-bank supporting financial services in mainland China for CITIC Yibainian Capital, CITIC Yibainian Financial Leasing Co., Ltd. fully leverages the shareholders' brand resources, domestic and overseas capital advantages, and talent advantages. Under the guidance of China's new macroeconomic regulation policies, it conforms to the development trends of China's market economy, providing financial leasing and related value-added services to enterprises with development potential, and prioritizing comprehensive financial services for agricultural projects, new energy projects, and intelligent transportation projects.