On the morning of March 1, 2016, the opening ceremony for Guangdong Financial Leasing Co., Ltd was held at Nansha Scientific and Technological Innovation Center. The company is Sino-foreign joint venture registered and established at Nansha free trade zone under the approval of the State Administration for Industry & Commerce. It mainly deals with financial leasing of vessels and port facilities. The establishment of the company marks that another vital force has taken shape in the financial leasing field of Nansha free trade zone！

 

Playing a special role in the development of real economy, financial leasing is attracting more and more attention of various parties. In recent years, under the great support of the national, provincial and municipal governments and the financial regulation departments, Nansha New Area has successively introduced more than 130 supporting policies and innovation piloting projects for financial development, including the 15 financial policies of Nansha, which have brought breakthrough benefits for financial leasing enterprises to settle down in Nansha. Moreover, thanks to the implementation of “the Belt and Road”, the “Yangtze River Economic Zone” and other national strategies, the shipping finance industry of China has shown huge development potential, and both global and domestic capitals have begun to pay close attention to high-quality shipping assets and march aggressively into the field of shipping finance.

 

Under such a circumstance, Guangzhou Nansha Industrial Investment Co., Ltd, which serves as a financial investment platform for state-owned enterprises in Nansha, actively devoted itself to the cooperation with Technology Financial Group and Guangdong Province Navigation Group Co., Ltd to jointly establish Guangdong Financial Leasing Co., Ltd. On the occasion of the approaching of the era for a great development of shipping finance in China, the newly established company will rely on the abundant resources and policy advantages of Nansha free trade zone and seize the important opportunities from the development of the financial leasing industry to make focused layouts and combine the comparative advantages of all the parties concerned in the shipping industry and the field of sci-tech finance to integrate the vessel, shipping and other high-end industries with the modern financial service systems, promote vessel and equipment products to go global to participate in international cooperation in production capacity, realize a win-win result through powerful combination of big enterprises and use of complementary advantages in resources, and lead the shipping industry of Guangdong to achieve a new glory during the implementation of the “21^st Maritime Silk Road” strategy.

 

More than 100 people, including officials from the Guangdong Provincial Department of Science and Technology, officials from the government of Nansha District, representatives of the shareholders, representatives of industry associations, representatives of cooperative financial institutions and representatives of business partner and media, attended the opening ceremony.

 

Source: Translated from Invest Guangzhou, March 3, 2016