KUNLUN Financial Leasing Co., LTD.

Kunlun Financial Leasing Co., Ltd

Kunlun Financial Leasing Co., Ltd., approved by China Banking Regulatory Commission, is the first financial leasing company with the background of large-scale enterprise group jointly established by CNPC (hereinafter referred to as CNPC) and Chongqing electromechanical holding (Group) company. The registered capital is RMB 6 billion and the registered place is Chongqing. PetroChina group, the controlling shareholder of the company, is the largest producer and supplier of crude oil and natural gas in China with a capital contribution of 5.4 billion yuan (90% of the total share capital). Its business scope covers oil and natural gas exploration and development, refining and chemical industry, pipeline transportation and sales of oil and gas refining and chemical products, petroleum engineering technical services, petroleum machinery processing and manufacturing, petroleum trade, financial services, etc . Among them, in the financial services sector, CNPC has established a complete system of various financial institutions, including financial companies, banks, insurance companies, securities companies, trust companies and financial leasing companies in the form of sole proprietorship or joint venture.

Company profile

Relying on the overall advantages of CNPC and the location advantages of its registered place, Kunlun Financial Leasing Co., Ltd. focuses on the energy industry and western economy, takes customer demand as the core, and promotes the development of financial leasing industry and social economy by providing excellent financial leasing services. At the same time, we should adhere to the six principles of professional development, service for the main business, service for the west, industry positioning, differentiated development and risk control, and take the four directions of petroleum equipment manufacturing, marine transportation, western regional market and petroleum industry stakeholders as the important business development orientation in the future.

Nature of Business

Financial leasing business; absorbing fixed deposits with a term of more than one year (inclusive) from shareholders; receiving lease deposits from lessees; transferring lease receivables to commercial banks; issuing financial bonds with approval; inter-bank borrowing; borrowing from financial institutions; overseas foreign exchange borrowing; sale and disposal of residual value of leased goods; economic consulting; import and export of goods; import and export of technology; China Banking Regulatory Commission Other business approved by the management committee.

Comparative competitive advantage

As the link between industrial capital and financial capital, the development of financial leasing companies not only needs the support of banks, insurance, trust network and other financial institutions, but also needs the support of profitable wealth capital. The company will rely on CNPC's leading position in the oil industry, make use of the group's superior resources of banks, insurance companies, trust companies, asset management companies and other financial institutions, give full play to the synergy of industrial capital and financial capital, and provide customers with more perfect financial solutions.

Corporate business

Petroleum equipment

Provide financial support for equipment upgrading and transformation of relevant enterprises of the group company; provide financing services for relevant customers of equipment manufacturers of the group company, and support manufacturers to expand sales.

Ocean transport vessel

We should implement the strategy of "national transportation of PetroChina", improve the security of transportation, and increase the control of marine transportation capacity by leasing.

Project financing

Use leasing tools to provide financial support for the investment and construction of commercial real estate purchase and construction, refining and chemical plant, oilfield industry construction, gas station, oil depot, oil and gas pipeline and other projects.

Chongqing and western market

With the advantages of the company's registered place, we can obtain business resources and serve the economic construction of Chongqing and the western region.

Memorabilia

1. On February 2, 2010, the CBRC approved the preparation for the establishment of Kunlun Financial Leasing Co., Ltd. 2. On March 17, 2010, the first shareholders' meeting, the first board of directors and the first board of supervisors of Kunlun Financial Leasing Co., Ltd. were successfully held in Chongqing. 3. On July 16, 2010, the CBRC approved the opening of Kunlun Financial Leasing Co., Ltd.