Core Viewpoint - Bohai Leasing's stock closed at 3.34 yuan on June 26, with a decline of 1.47%, and a rolling PE ratio of 17.44 times, indicating a significant undervaluation compared to the industry average [1] Company Summary - Bohai Leasing's main business includes leasing services and production for aircraft, containers, domestic infrastructure, high-end equipment, commercial properties, and renewable energy [1] - The company's primary products consist of aircraft leasing, aircraft sales, container leasing, container sales, operating leasing, financing leasing, and financing leasing consulting [1] - For Q1 2025, Bohai Leasing reported an operating income of 17.117 billion yuan, a year-on-year increase of 99.82%, and a net profit of 669 million yuan, up 72.21%, with a gross profit margin of 24.75% [1] Industry Summary - The average PE ratio for the diversified financial industry is 72.83 times, with a median of 28.94 times, positioning Bohai Leasing at the 9th rank within the industry [2] - The total market capitalization of Bohai Leasing is 20.656 billion yuan [2] - The main capital flow on June 26 showed a net outflow of 44.1517 million yuan, while the overall trend over the past five days indicated a net inflow of 1.49 million yuan [1]

证券代码: 000415 债券代码:112723 债券代码:112765 债券代码:112771 债券代码:112783 债券代码:112810 证券简称：渤海租赁 债券简称: 18渤金01 债券简称:18渤金02 债券简称: 18渤金03 债券简称:18渤金04 债券简称: 18 渤租 05 渤海租赁股份有限公司 面向合格投资者公开发行公司债券 2024 年度受托管理事务报告 债券受托管理人 城证券股份有限公司 REAT WALL SECURITIES CO.,LTD. (住所: 广东省深圳市福田区福田街道金田路2026号能源大厦南塔楼10-19层) 二〇二五年六月 重要声明 本报告依据《公司债券发行与交易管理办法》（以下简称《管理办法》）、 《公司债券受托管理人执业行为准则》（以下简称《执业行为准则》）、深圳证 券交易所公司债券上市规则(以下简称上市规则)或深圳证券交易所公司债券挂 牌规则(以下简称"挂牌规则")、发行人与长城证券股份有限公司(以下简称"长 城证券"或"受托管理人")签订的债券受托管理协议(以下简称"受托管理协议") 及其它相关信息披露文件以及渤海租赁股份有限公司(以下简称"发行人"或"公 ...

Company Overview - Bohai Leasing's closing price on June 19 was 3.13 yuan, down 1.88%, with a rolling PE ratio of 16.34 times and a total market capitalization of 19.358 billion yuan [1] - The company ranks 9th in the diversified financial industry, which has an average PE ratio of 61.75 times and a median of 26.44 times [1] Shareholder Information - As of March 31, 2025, Bohai Leasing had 133,937 shareholders, a decrease of 13,386 from the previous count, with an average holding value of 352,800 yuan and an average shareholding of 27,600 shares [1] Business Operations - Bohai Leasing specializes in leasing services and production for aircraft, containers, domestic infrastructure, high-end equipment, commercial properties, and new energy [1] - The main products include aircraft leasing, aircraft sales, container leasing, container sales, operating leasing, financing leasing, and financing leasing consulting [1] Financial Performance - In the first quarter of 2025, the company reported operating revenue of 17.117 billion yuan, a year-on-year increase of 99.82%, and a net profit of 669 million yuan, up 72.21%, with a gross profit margin of 24.75% [1]

Group 1 - The company has extended the principal repayment of the bond "18 渤金 01" to June 20, 2026, with an interest rate of 4% during the extension period [1][2][3] - The original coupon rate for the first three years was 7%, and the interest will be paid annually [2][3] - The bond interest payment will be made to all registered bondholders as of June 19, 2025, through the designated bank account of China Securities Depository and Clearing Corporation [3][4] Group 2 - The company is responsible for ensuring that the interest payment funds are transferred to the designated bank account on time; failure to do so will result in the company handling the payment process independently [4] - Individual bondholders are subject to a 20% personal income tax on the interest earned from the bond, with tax withholding managed by the payment network [5] - Foreign institutional investors are temporarily exempt from corporate income tax and value-added tax on bond interest income until December 31, 2025, under specific conditions [5]

| 证券代码：000415 | 证券简称：渤海租赁 | | | 公告编号：2025-051 | | --- | --- | --- | --- | --- | | 债券代码：112723 | 证券简称：18 | 渤金 | 01 | | 渤海租赁股份有限公司 2018 年面向合格投资者公开发行公司债券（第一期） 为确保兑付兑息工作的顺利进行，现将有关事宜公告如下： 一、本期债券基本情况 2025 年付息公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 特别提示： 1.根据渤海租赁股份有限公司（曾用名"渤海金控投资股份有限公司"，以 下简称"渤海租赁"或"公司"）2018 年面向合格投资者公开发行公司债券（第 一期）（以下简称"本期债券"）2021 年第二次债券持有人会议决议及 2023 年 第一次债券持有人会议决议，"18 渤金 01"自 2021 年 6 月 20 日到期之日起本 金展期至 2026 年 6 月 20 日（如遇非交易日，则顺延至其后的第 1 个交易日，顺 延期间不另计息）兑付，展期期间票面利率为 4%，按年付息。 2.公司将于 2025 年 ...

1.本次股东大会未出现否决提案的情形。 证券代码：000415 证券简称：渤海租赁 公告编号：2025-050 渤海租赁股份有限公司 2025 年第三次临时股东大会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈述或者重大遗漏。 特别提示 2.本次股东大会未涉及变更前次股东大会决议。 一、会议召开和出席情况 ㈠会议召开情况 1.召开时间： ⑴现场会议时间：2025 年 6 月 5 日（星期四）下午 14:30； ⑵网络投票时间：通过深圳证券交易所交易系统投票的时间为 2025 年 6 月 5 日上午 9:15-9:25 和 9:30-11:30、下午 13:00-15:00；通过深圳证券交易所互联网 投票系统投票的时间为 2025 年 6 月 5 日 9:15 至 15:00 期间的任意时间； 2.现场会议地点：渤海租赁股份有限公司董事会办公室（乌鲁木齐市新华北 路 165 号广汇中天广场 39 楼）； 2.中小股东（除公司董事、监事、高级管理人员以及单独或合计持有公司5% 以上股份的股东以外的其他股东）出席的总体情况： 3.会议召开方式：现场表决与网络投票相结合； 4. ...

北京浩天（乌鲁木齐）律师事务所 关于渤海租赁股份有限公司 2025 年第三次临时 股东大会的法律意见书 北京浩天（乌鲁木齐）律师事务所 HYLANDS LAW FIRM URUMQI OFFICE 致：渤海租赁股份有限公司 北京浩天（乌鲁木齐）律师事务所（以下简称"本所"）接受渤 海租赁股份有限公司(以下简称"公司")的委托，指派本所聂晓江、 王杰律师出席公司 2025 年第三次临时股东大会，并根据《中华人民 共和国公司法》《中华人民共和国证券法》《上市公司股东大会规则》 及公司《章程》的规定，特对本次股东大会的召集与召开程序、出席 会议的人员资格、表决程序及结果出具本法律意见书。 公司已向本所保证，其已提供为出具本法律意见书所需要的资料， 并保证该资料真实、准确、完整。 本法律意见书仅供公司本次股东大会之目的使用，未经本所书面 同意，不得用作任何其他目的或用途。 本所同意将本法律意见书作为公司信息披露所必须的法定文件， 随公司本次股东大会的决议一起报送深圳证券交易所，亦同意将本法 律意见书随公司本次股东大会的决议一并公告。 1 / 5 邮编: 830018 电话：(+86 0991) 4666001 邮箱: ...

Meeting Information - The company will hold its third extraordinary general meeting of shareholders on June 5, 2025 [1] - The meeting will be convened by the board of directors and is compliant with relevant laws and regulations [1][3] - The meeting will take place at the company's board office located at 39th Floor, Guanghui Zhongtian Plaza, Urumqi [4] Voting Details - The meeting will feature both on-site voting and online voting [3] - The date for shareholder registration is May 30, 2025 [4] - Online voting will be available on June 5, 2025, with specific time slots for trading system voting and internet voting [2][10][11] Attendance and Registration - All registered ordinary shareholders as of the registration date can attend the meeting [4] - Registration can be done in person, by mail, or by fax, but not by phone [5][6] - The registration period is from June 3, 2025, with specific hours outlined for registration [5] Proxy Voting - Shareholders can appoint proxies to attend and vote on their behalf [4][12] - The proxy must present a power of attorney along with identification documents [6][12] Contact Information - The company has provided contact details for inquiries related to the meeting [7]

证券代码：000415 证券简称：渤海租赁 公告编号：2025-049 渤海租赁股份有限公司 关于召开 2025 年第三次临时股东大会的提示性公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导性陈述或者重大遗漏。 网络投票时间：2025 年 6 月 5 日，其中，通过深圳证券交易所交易系统投 票的时间为 2025 年 6 月 5 日上午 9:15-9:25 和 9:30-11:30，下午 13:00-15:00；通 过深圳证券交易所互联网投票系统投票的时间为 2025 年 6 月 5 日 9:15 至 15:00 期间的任意时间。 ㈤会议召开方式：本次股东大会采用现场表决与网络投票相结合的方式召开。 一、召开会议的基本情况 渤海租赁股份有限公司（以下简称"渤海租赁"或"公司"）经 2025 年第四次 临时董事会审议决定于 2025 年 6 月 5 日召开公司 2025 年第三次临时股东大会。 现将有关事项通知如下： ㈠股东大会届次：2025 年第三次临时股东大会。 ㈡本次股东大会召集人：公司董事会，经公司 2025 年第四次临时董事会审 议决定于 2025 年 6 月 5 日召开公 ...

Summary of Key Points Core Viewpoint - The financing leasing industry in China has seen significant growth, with over 20 listed companies, primarily concentrated in the Hong Kong market due to its more flexible listing environment compared to mainland China [1]. Group 1: Overview of Listed Companies - The majority of financing leasing companies are listed in Hong Kong, where the listing requirements are relatively lower, attracting many firms to seek financing through this market [1]. - Only two financing leasing companies, Bohai Leasing and Jiangsu Jinzu, have successfully listed in the A-share market due to stricter regulations [1]. Group 2: Company Profiles and Business Layout - Jiangsu Jinzu (600901.SH) is a leading financial leasing company focusing on automotive finance and green energy, backed by strong shareholders [2]. - Guoyin Jinzu (01606.HK) is a top financial leasing company, globally leading in aircraft leasing [2]. - Bohai Leasing (000415.SZ) is a global leader in aircraft and container leasing, with a significant asset scale [5]. - China Aircraft Leasing (01848.HK) is the largest independent aircraft leasing company in China and the first listed in Asia [5]. - Far East Horizon (03360.HK) is a comprehensive financing leasing leader covering multiple sectors including healthcare and education [5]. Group 3: Financial Performance and Business Metrics - The revenue of Bohai Leasing for 2024 is projected at 384.31 billion, while Far East Horizon is expected to generate 377.49 billion [6]. - Guoyin Jinzu anticipates a revenue of 120.92 billion with a net profit margin of 15.88% for 2024 [14]. - Jiangsu Jinzu's revenue is projected at 39.59 billion with a net profit margin of 56.25% [14]. - The financing leasing business of China Aircraft Leasing is expected to generate 43.50 billion (HKD) with a net profit margin of 7.49% [14]. Group 4: Future Business Plans and Strategies - Jiangsu Jinzu plans to deepen its equipment leasing business and expand its customer base among small and medium enterprises [17]. - Guoyin Jinzu aims to focus on digital transformation and expand its vehicle retail financial services [17]. - Bohai Leasing intends to optimize its business structure and explore new areas such as green leasing [17]. - Far East Horizon will continue to deepen its presence in healthcare, education, and infrastructure sectors [17]. - China Aircraft Leasing plans to enhance its aircraft leasing capabilities and explore new business models [17]. Group 5: Industry Trends and Developments - The financing leasing industry is increasingly focusing on technology empowerment and digital transformation to support the real economy and green development [15]. - Companies are expected to enhance risk management and compliance to improve their core competitiveness and market influence [15].