Bank of Communications Financial Leasing Co., Ltd. is a wholly-owned subsidiary of Bank of Communications, extending the financial brand and services of the "Century-old Bank of Communications". Since its establishment on December 20, 2007, the company has closely followed the head office's development strategy of "pursuing internationalization and comprehensive development, building a first-class publicly-held banking group characterized by wealth management", resolutely implemented the overall development goal of "outperforming the market and striving for progress", leveraged the advantages of Bank of Communications' comprehensive operations, combined with the characteristics of financial leasing business, actively expanded the leasing market, and sincerely provided customers with flexible and efficient financial management services. Through the implementation of "differentiated" and "personalized" marketing strategies, the company has actively carried out business project marketing in key regions, key branches, key industries, and key fields. It has established and steadily developed a group of high-quality clients in sectors such as electric power, shipping, aviation, subway, public transportation, construction machinery, and urban infrastructure, maintaining a momentum of sustained and rapid development. As of the end of 2011, the company's total assets exceeded 45 billion yuan. At the same time, the achievements in business development and innovation have been highly recognized by the market and peers. At the 6th 21st Century Asian Financial Annual Conference, the company won the award of "2011 Most Competitive Financial Leasing Company"; at the 2011 China Financial Leasing Annual Conference, the company won awards including "2011 China Financial Leasing Annual Company" and "2011 China Financial Leasing Annual Innovation Award".
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