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The founding of AVIC 1 Leasing officially announces the birth of AVIC 1’s leasing business, thus enriching the industry chain of AVIC 1. AVIC 1 is a super-large group enterprise directly under the jurisdiction of the Central Government, integrated with production, research and development, service and trade and having assets of more than 150 billion Yuan, 240,000 employees and more than 60 subsidiary companies. In November 2006, AVIC 1’s top management realized that leasing industry would play a very significant role in fueling and promoting the group’s economic development, and optimizing its capital structure, thus giving birth to AVIC 1 Leasing. The new AVIC 1 Leasing attracts shares from 13 famous Chinese enterprises and institutes engaged in aviation and missile products and research, with registered capital of RMB430 million Yuan.
Financing lease is the inevitable outcome from modern economic development and very common in the developed countries. The financing lease has greatly promoted the rapid development of GE in the USA. With the strong support from the powerful aviation industry, AVIC 1 Leasing will provide AVIC 1 and its partners with financial support and services centered on financing lease concerning product research and development, production and distribution. There is no time like the present. We hope AVIC 1 Leasing will stick to scientific and innovative development, expand our market, try to become an important platform for financing lease for both home and foreign enterprises, as well as military sector, and contribute to the development of Shanghai, financing lease industry and AVIC 1.
The founding and development of AVIC 1 Leasing can’t be achieved without the strong support and helps from the Ministry of Commerce, relevant Shanghai governmental authorities, lease association, financial institutions and friends from all social circles. We are greatly thankful for your supports, concerns and helps. We also heartily hope you will continue to give your kind support to AVIC 1 Leasing in our future development, as ever. Thanks! |
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