At the 26th anniversary of Dazhong,Shanghai Dazhong Financial Leasing Co.,Ltd., subordinated to Dazhong, started business on December 24, 2014. Shanghai Dazhong Financial Leasing Co.,Ltd.is a Sino-foreign joint venture financing lease company, jointly invested and established by Shanghai Dazhong Public Utilities (group) Co.,ltd and Dazhong Transportation Commerce Co., Ltd., with registered capital of RMB 500 million, registrated in China (Shanghai) Pilot Free Trade Zone.
At the opening ceremony, five listed companies represented by Shanghai Dazhong Financial Leasing Co.,Ltd.,Longyuan Construction Group Co., Ltd.signed financing lease business agreement, to support the financing requirements of contract clients in many business areas. At the same time, five Chinese-foreign banks, including ICBC, BCM, BOC, CMBC, HSBC also signed strategic cooperation agreement with Shanghai Dazhong Financial Leasing Co.,Ltd., to offer 3 billion yuan of domestic and foreign currency credit to the company for support. In order to provide better services to listed companies, venture capital enterprises, small and medium-sized enterprises in Shanghai, Dazhong Financial Leasing Co.,Ltd. also signed strategic cooperation agreement with five industry associations of The Listed Companies Association of Shanghai, Shanghai Association of Stock System Enterprises, PE Association of Shanghai, SHVCA and Shanghai Guarantee Association, to offer timely and convenient financing services for them actively. In order to strengthen the financing services of small and medium enterprises, especially enterprises listed at OTC Market and enterprises of energy conservation and environment protection, the company signed strategic cooperation agreement with the Shanghai Equity Exchange and Photovoltaic Green-Ecosystem Organization (PGO).
It can be said that entering financing lease industry is further expansion of Dazhong in the self-support financial industry after entering the "MicroCredit industry". With the aim of "gather the public and circulate resources"Dazhong Financial Leasing Co.,Ltd. seizes the opportunity for financial reform and industrial innovation, striving to build the company into a specialized financing lease company with "risk control, quality asset, stable returns, distinctive characteristics" in a relatively short period of time.
