Time goes on, and it becomes new. Suyin Financial Leasing Co., Ltd. (hereinafter referred to as "Suyin Financial Leasing" or the "Company") ushered in its ninth anniversary. As an important member of the integrated operation map of Bank of Jiangsu, Suyin Financial Leasing closely follows the pulse of the times, moves sonorously, gathers momentum and seeks far-reaching, in the light and shadow of time, with "reality" as the plan of business blueprint, "green" as the base to draw the background color of development, "innovation" as the first to respond to the call of the times, gather the majestic force to promote the high-quality development of finance and build a financial power, and hand over an answer sheet of the times from "symbiosis and integration" to "two-way running" between financial leasing and the real economy.
Focusing on the main responsibilities and main businesses, high-quality development has been fruitful. Since its establishment, Suyin Financial Leasing has actively integrated into the overall development of the country and local governments, focusing on key sectors such as green finance, high-end manufacturing, transportation and logistics, science and technology finance, and inclusive finance, and actively providing customers with high-quality and efficient financial services. As of the end of the first quarter of 2024, the company's total assets reached 112.816 billion yuan, and it has invested more than 280 billion yuan in leasing business, serving more than 180,000 customers. At the beginning of 2024, the registered capital of Suyin Financial Leasing increased from 4 billion yuan to 6 billion yuan, further consolidating its capital strength and providing a strong capital guarantee for building a first-class financial leasing company with "professional services, distinctive characteristics and sustainable development".
The company's party building brand "red collar leasing"
Strengthen the leadership of party building, and party building and operation and management resonate at the same frequency. Upholding the party's leadership and strengthening party building are the "root" and "soul" of state-owned enterprises. Suyin Financial Leasing has firmly established the awareness that grasping party building is to grasp the core competitiveness, actively exploring the "integrated" development path of party building and operation, and has successively partnered with more than 40 enterprises such as Jiangsu Unicom, Datang Shipping, Yueda Group, etc., and co-built with colleges and universities, judicial institutions, scientific research institutes and national advanced grass-roots party organizations, so as to strengthen the foundation and cohesion for the company's development.
Continue to innovate and upgrade, and harvest flowers all the way with professional strength. Suyin Financial Leasing has been rated AAA long-term credit for 8 consecutive years; Obtained the highest level (Ge-1) certification as a green company for 3 consecutive years; In 2022, it was the first to be awarded the "Baa2" long-term issuer rating by Moody's, an international rating agency, becoming the first city commercial bank financial leasing company in China to obtain an international rating. In 2023, it will be awarded an "AA" ESG rating for the first time; With its outstanding performance in the bond primary market, it was awarded the "Market Innovation Business Institution" in the interbank local currency market in 2023, becoming the only financial leasing company to receive this honor.
The Central Financial Work Conference clearly listed "green finance" as one of the five major articles for building a financial power, and Suyin Financial Leasing has engraved green genes since its establishment, injecting financial leasing power into promoting the green transformation of the economy and society. As of the end of the first quarter of 2024, the balance of the company's green leasing business was 51.806 billion yuan, accounting for more than 51% of the total business, and it has successively won the honorary titles of "Top Ten Outstanding Institutions of Green Finance in Jiangsu Province" and "Outstanding Enterprise of Social Responsibility in Jiangsu".
The country's first 120 TEU pure electric container ship
Increase low-carbon transportation and create "green value" with "green responsibility". Suyin Financial Leasing cooperated with Qiyuan Core Power, a comprehensive smart energy service provider in the field of "green electric transportation", to provide high-safety lithium iron phosphate batteries as clean power for the country's first 120 TEU pure electric container ship "Jiangyuan Lily", helping Jiangsu open the "electric era" of inland river transportation. During the Hangzhou Asian Games, the company helped enterprises deliver 2,000 officially designated vehicles to ensure green travel during the event. In addition, Suyin Financial Leasing has launched more than 10,000 new energy vehicles and nearly 100,000 shared electric bicycles in many places to provide green support for citizens' travel.
Fulfill social responsibility and promote "green well-being" with "green energy". Since 2022 alone, the company has added more than 6.5 billion yuan of new business in new energy battery-related industries. In the field of photovoltaics, since February 2022, the company has successively implemented a number of county-wide rooftop photovoltaic direct leasing projects, which are specially used for the construction of distributed photovoltaic power stations in Jiangsu and other places, generating 287.39 million kWh of electricity per year and reducing carbon dioxide emissions by more than 285,000 tons per year. At present, the company has invested more than 14 billion yuan in photovoltaic-related fields. Since the beginning of this year, the company has also increased its support for the new energy storage industry and boosted the development of new productivity with the power of finance.
Enrich work measures to enhance "green strength" with "green innovation". While continuing to develop the asset-side business, Suyin Financial Leasing also actively seeks innovation on the capital side to provide low-cost financial support for green leasing. On April 16, 2021, the company took the lead in issuing the country's first non-bank institutional "carbon neutrality" special green financial bond, with an issuance scale of 2 billion yuan, and all the funds raised within 3 months were invested in the "carbon emission reduction" green leasing project, which can reduce carbon dioxide emissions by 454,900 tons per year during the operation of the project. This year, the company successfully issued the first green financial bond in 2024 with an issuance scale of 1.5 billion yuan, which is also the first green financial bond in the financial leasing industry to be certified by the China-EU Common Taxonomy of Sustainable Finance (CGT).
On the journey of serving the real economy, Suyin Financial Leasing has highlighted its support for advanced manufacturing, high-tech manufacturing and strategic emerging industries, and has invested a total of 39.846 billion yuan in leasing business in the manufacturing industry so far.
Shangneng "flies" to help the construction of aerospace three-dimensional network. In 2022, Suyin Financial Leasing and Commercial Aircraft Corporation of China (COMAC) held a C919 aircraft purchase order signing ceremony in Zhuhai to jointly promote the high-quality development of the domestic large aircraft industry, after the two parties successfully completed the delivery of the ARJ21 aircraft lease. At present, the company's fleet has covered mainstream aircraft such as COMAC, Airbus, and Boeing. With the satellite Internet being included in the scope of new national infrastructure, satellite communication technology is widely used in the intelligent transportation and logistics industry, and the company has cooperated with national high-tech enterprises to provide financial services for the commercial operation of artificial satellites with low-orbit satellites as leased objects.
It can "enter the sea" and serve the maritime power to build a "great power". Suyin Financial Leasing has deeply served the offshore ship industry, with a cumulative investment of 1.729 billion yuan in related businesses. After cooperating with an engineering company in Nantong to carry out direct leasing business with an engineering company in Nantong with a "Offshore Wind Power 78" installation ship as the leased object, it also provided leasing services for the company to purchase a 1600t "Offshore Wind Power 92" installation ship in the direct leasing mode, adding another weapon to the future construction of deep-sea offshore wind power. In 2023, the company supported Chinese offshore enterprises to complete the final assembly of the world's largest self-supporting prismatic B-type (SPB) LNG storage tank, sending a loud Chinese voice to the global energy equipment market.
The world's largest self-supporting prismatic type B (SPB) liquefied natural gas storage tank
Accelerate innovation, devote yourself to the tide of science and technology, and promote industrial optimization and upgrading. Layout in strategic high-tech fields, in the form of operating lease, equipped a supercomputer technology company in Yancheng with high-computing power Shenwei supercomputer. Reached the company's first share leasing business with a national high-tech enterprise, and innovatively adopted the "fixed rent + floating rent" payment model to improve the flexibility of rent collection methods and provide support for the production and operation of enterprises. Since its establishment, the company has served 576 science and technology enterprises with an investment amount of 30.769 billion yuan, 411 high-tech enterprises with an investment amount of 19.532 billion yuan, and 138 specialized and special new enterprises with an investment amount of 4.743 billion yuan.
State-of-the-art dental equipment
Advanced dental equipment is rooted in the excellent development soil of the national science and technology innovation financial reform pilot zone, and Suyin Financial Leasing continues to develop and upgrade the science and technology innovation financial service model with financial leasing characteristics, and gathers financial leasing resources to invest in key innovation areas. The company cooperated with Nanjing University to establish the "Nanjing University-Suyin Financial Leasing Joint Research Center" to carry out research and put into practice around key directions such as leasing support for science and technology innovation and inclusive science and technology, and technology-enabled digital and intelligent transformation, so as to optimize customer service experience and improve the level of operation and management with the help of modern technology.
Focus on customer needs and build a "fast lane" for service technology innovation. In 2021, Suyin Financial Leasing formulated a five-year plan for the construction of digital and intelligent informatization, taking digital transformation and intelligent construction as one of the key driving forces for high-quality development. The company has built a forward-looking smart platform for leasing business, reshaped the "customer center" in terms of products, processes, and risk control, and provided customers with convenient services and created value with the help of digital means. The company uses big data and artificial intelligence technology to provide customers with full-process online leasing services including application, approval, signing and loan accounting, and innovatively adopts the mode of online due diligence and electronic signing to improve the efficiency of contracting. Since 2021, a total of 146077 contracts have been signed on the electronic signing platform, with a project amount of 12.886 billion yuan.
Keeping up with the tide of the times, "digital + finance" pressed the "fast forward button". Giving full play to the characteristics of "payment and settlement" and "settlement without handling fees" of e-RMB, in order to better meet the characteristics of large capital settlement, fast timeliness, high security requirements and cross-border settlement needs of science and technology enterprises, Suyin Financial Leasing innovatively launched the "digital RMB + financial leasing" business, and landed the first digital RMB leasing business in many places in the province, Beijing and Shenzhen, helping the high-quality development of science and technology enterprises. As of the end of the first quarter, the company launched 1.876 billion yuan of leasing business in the form of digital yuan, with more than 1,900 transactions.
Accelerate the transformation of digital intelligence and build a "toolbox" for operation and management. With the empowerment of financial technology, "intelligence" has become the key to promoting business transformation. Thanks to the improvement of the data governance system and professional capabilities, Suyin Financial Leasing has built a big data intelligent risk control platform, digitally reengineered the risk management process before, during and after the lease, and assisted risk managers to conduct risk monitoring with higher quality and efficiency with the help of digital means. In terms of leased property management, the company uses the Internet of Things technology to obtain real-time dynamic data of leased items, gradually improve the monitoring coverage of leased items such as vehicles, household photovoltaics, and equipment of manufacturing enterprises, and effectively improve the service and management efficiency of entity enterprises and inclusive finance.
The digital yuan empowers AI digital twin gas stations
Suyin Financial Leasing has always adhered to the original intention of finance for the people, extended the tentacles of inclusive financial services, and contributed to the construction of a financial power and the realization of common prosperity. Up to now, it has supported more than 180,000 inclusive small and micro customers.
Serve rural revitalization and let financial living water moisten the vast countryside. Suyin Financial Leasing actively implements the national rural revitalization strategy and optimizes financial leasing services according to local conditions. As of the end of the first quarter of 2024, the balance of financial leasing in the "three rural" areas of the company was 45.761 billion yuan, involving green planting, animal husbandry, modern agriculture and other fields. The company has supported the construction of Asia's largest single rolled smart glass greenhouse integrating "planting, production, storage and processing", and promoted the development of local agricultural products to high-end, large-scale and green. In 2019, the company laid out the household photovoltaic industry, gradually explored the business model of effective combination of household photovoltaic and financial leasing, and provided rooftop photovoltaic power generation equipment for 90,700 rural households, with a cumulative investment of 7.091 billion yuan.
Facing the inclusive customer group, it lifts the "development dream" of small and micro enterprises. With the goal of "minimalist, extremely fast and extremely beautiful" user experience, Suyin Financial Leasing leverages "Internet +" to form a mass-based, large-scale, standardized and intelligent inclusive financial service model, and has successively launched a series of "Rongyi Rent" brand products including "e-rent", "technology rent", "fast rent" and "e-rent". As of the end of the first quarter of 2024, "Rongyi Rent" has supported a total of 68,600 small and micro customers, with a cumulative financial leasing amount of 4.495 billion yuan.
Innovate financing channels, and the financial power can be accurately and directly delivered to the main body of the business. With years of experience in the field of small and micro leasing business and direct financing business, Suyin Financial Leasing successfully issued the country's first non-bank institutional small and micro financial bond in 2023, with an issue interest rate of 2.80%, setting a new low in the financial leasing industry in that year. It has raised 2 billion yuan of funds, focusing on meeting the medium and long-term capital needs of inclusive customers in equipment renewal, technological transformation, green transformation, etc., and has supported more than 8,800 inclusive customers, adding a strong starting point for financial support for the development of the real economy.
The coordinates of time and space witness the growth of Suyin Gold Leasing; From the perspective of history, write all the way to glory and dreams.
Looking back on the past, more than 3,000 days and nights of unremitting struggle have written a wonderful story together. One by one, the golden tenants went all out, sprinkled their enthusiasm in every minute along the way, set sail and gathered into fruitful results, and made a sound in the tide of the times.
Looking forward to the future, the "nine" new set off again, and there is no lack of ambition to overcome obstacles and climb new heights. Suyin Gold Leasing will use the courage to open the road in the mountains and build bridges in the water, seek up and down on the way of steady progress, rush up and down in the journey of pursuing dreams with one heart, and write a magnificent new chapter of "riding the wind and waves and singing and walking" with excellent business development results.
Su Yingxuan