渤海金控投资股份有限公司 投资者交流会 Confidential 2016年5月11日 会议安排 Agenda 时 间 主 题 10:00-10:10 会议签到 10:10-10:40 公司情况介绍 10:40-11:30 投资者提问 11:30-12:00 自由交流 发展历程 Development process Bohai Capital Holding 动出硬 10月 新疆汇通集团与天津渤海租 赁完成重大资产重组,汇通 集团更名为渤海租赁,正式 登陆A股市场。 12月 渤海租赁控股子公司皖江金 融租赁成立。 12月 控股子公司横琴国际租赁 成立。 7月 渤海租赁收购海航香港,改 组为香港航空租赁,正式进 军全球飞机租赁市场。 2014 1月 正式收购Seaco,进入全球 集装箱租赁市场。 12月 控股子公司天津航空金融服 务有限公司成立。 1月 正式并购Cronos,成为全 球第一大集装箱租赁商。 5月 公告折价受让联讯证券股份。 8月 入股点融网,进军互联网金 融行业。 9月 公告收购全球第8大飞机租 赁公司Avolon。 11月 入资渤海人寿成为其第一大 股东，进军保险行业。 1月 正式完成并购A ...

证券代码：000415 证券简称：渤海金控 渤海金控投资股份有限公司投资者关系活动记录表 编号：2017-001 | --- | --- | --- | |------------------|----------------------------|----------------------------------------------------| | | | | | 投资者关系活动类 | ■ | 特定对象调研 □分析师会议 | | 别 | □ | 媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及人 | | 华泰证券郭其伟、左欣然及华泰证券邀请的相关投资机 | | 员姓名 | | 构等；银河证券武平平及银河证券邀请的相关投资机构 | | | | 等；国泰君安张为及其邀请的相关投资机构等；国海证 | | | 券高超；天风证券罗钻辉等。 | | | 时间 | 2017 年 1 月 5 | 日 | | 地点 | 北京市朝阳区霄云路甲 | 26 号海航大厦 20 层会议室； | | 上市 ...

Bohal Capital Holding 渤海金控 Bohai Capital Holding Co., Ltd (渤海金控投资股份有限公司) AVOLON - 股东结构 海航集团有限公司 34.56% 100% 17.79% 43.39% 海航资本集团有限公司一致行动人 海航资本集团有限公司 广州市城投投资有限公司 其它 4.26% 100% 84.7% 53.65% 100% 100% 57% 渤海金控投资股份有限公司 天津渤海租赁有限公司 HKAC 皖江金融租赁股份 有限公司 横琴国际融资租赁 有限公司 Seaco SRL Hong Kong Bohai Leasing assets Management Co., Ltd Cronos Ltd 80% BL Finance Limited 100% 天津航空金融服务 有限公司 55% Global Sea Containers Ltd. 100% 境内 境外 Global Aviation Leasing Co., Ltd Avolon Holdings Ltd 100% 100% 5.29% 1 发展历程 Capital Markets | --- ...

证券代码：000415 证券简称：渤海金控 渤海金控投资股份有限公司投资者关系活动记录表 编号：2017-002 | --- | --- | --- | |------------------|--------------------------|--------------------------------------------------| | | | | | 投资者关系活动类 | □ | 特定对象调研 □分析师会议 | | 别 | ■ 媒体采访 □业绩说明会 | | | | □新闻发布会 □路演活动 | | | | ■ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及人 | 21 | 世纪经济报"走进董事会"调研团队：丁青云、张 | | 员姓名 | | 沛、樊磊磊、梁俊斌、曾静娇、谢珍等。 | | 时间 | 2017 年 11 月 22 | 日 | | 地点 | 北京市朝阳区霄云路甲 | 26 号海航大厦 20 层会议室； | | 上市公司接待人员 | 首席运营官：马伟华 | | | 姓名 | 董事会秘书：王景然 | | | | 董事会秘书办公室：王思阳 | ...

Group 1: Impact of U.S. Tax Reform - The U.S. tax reform is expected to reduce the corporate income tax rate from 35% to 20%, positively impacting the company's performance [3] - The company anticipates a decrease in tax expenses due to the tax reform, particularly for its U.S.-registered aircraft leasing entities [4] - As of Q3 2017, the company's overseas total assets exceeded $33 billion, accounting for over 70% of its net assets, which are approximately $4.3 billion [4][5] Group 2: Mergers and Acquisitions Strategy - The company's acquisition strategy focuses on global expansion in the leasing sector, having become the third-largest aircraft leasing company with nearly 950 aircraft [5][6] - The integration of Avolon has been successful, leading to significant operational cost savings through streamlined management and unified procurement [6][7] - The company has also expanded into container leasing, becoming the second-largest player in that market, with nearly 4 million CEUs under management [6] Group 3: Market Conditions and Future Outlook - The Baltic Dry Index (BDI) has reached a four-year high, indicating a recovery in the container leasing market, with an average utilization rate of 95.5% as of Q3 2017 [8][9] - The global aviation market is projected to grow at an annual rate of 4.5% over the next 20 years, with the number of aircraft expected to double by 2035 [9][10] - The company plans to enhance its aircraft leasing capabilities and expand its domestic leasing operations, leveraging synergies from its overseas subsidiaries [10] Group 4: Financing and Cost Implications - Domestic financing costs have increased due to stricter financial regulations, but overseas financing costs have decreased as the company's credit rating improves [10][11] - Avolon successfully renegotiated a $5 billion loan, reducing the interest rate from Libor + 2.75% to Libor + 2.25% [10][11] - The company's overseas assets and liabilities now exceed 70%, mitigating the impact of rising domestic financing costs [11]

| --- | --- | |----------------------------------------------|-----------------------------------| | | | | | | | | | | ( 渤海金控投资股份有限公司 | Bohai Capital Holding Co., Ltd ) | | 000415.SZ CSI 300 Index www.bohaileasing.com | November 2017 | 渤海金控（SZ.000415） – 全球领先的多元化租赁公司 公司目前是国内资本市场最大的以租赁为主业的上市公司，总资产规模逾3100亿元，已纳入沪深300指数成分股，获国内 AAA主体及债项评级。在世界各地拥有30个运营中心，为遍布全球逾1000家客户提供飞机、集装箱、基础设施、高端设 备及新能源等多样化的租赁服务和配套金融服务。 世界第三大飞机租赁公司、第二大集装箱租赁公司 Boha 股东结构 海航集团有限公司 珠海东方嘉泽投资管理中心（有限合伙） 88.05% 11.95% | --- | --- | --- | --- | |------ ...

| --- | --- | --- | |----------------------------------------------|-------------------------------------------------------------------------------------------|-------| | | | | | | | | | | | | | 000415.SZ CSI 300 Index www.bohaileasing.com | Bohai Capital Holding Co., Ltd 渤海金控投资股份有限公司 Investor Presentation April 2018 | | 世界第三大飞机租赁公司、第二大集装箱租赁公司 | --- | --- | --- | --- | --- | --- | --- | |-------|----------------------------------------------------------------------------------------------------------------- ...

编号：2018-001 证券代码：000415 证券简称：渤海金控 渤海金控投资股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------|----------------------------|------------------------------------------------------| | | | | | 投 资 者 关 系 活 | ■ | 特定对象调研 □分析师会议 | | 动类别 | □ | 媒体采访 □业绩说明会 | | | □ | 新闻发布会 □路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参 与 单 位 名 称 | | 东吴证券胡翔；广发证券陈福；国泰君安高超；太平洋证券 | | 及人员姓名 | | 罗惠洲、程志峰；银河证券武平平；西南证券郎达群；安信 | | | | 证券蒋中煜；中信建投证券庄严；平安证券赵耀；万联证券 | | | | 张译从、喻刚；北京嘉承金信投资有限公司王结冰；中阅资 | | | | 本张庆云；北京市星石投资管理有限公司胡奇麟、陆天瑶； | | | | 方正富邦肖英俊；深圳 ...

Financial Performance - The company's operating revenue for Q3 2022 reached ¥10,221,780,000, representing an increase of 83.22% year-on-year, primarily due to the sale of 13 aircraft compared to 2 in the same period last year[5] - The net profit attributable to shareholders for Q3 2022 was ¥496,038,000, a decrease of 40.90% year-on-year, while the net profit excluding non-recurring gains and losses was ¥141,904,000, an increase of 161.62% year-on-year[5] - Total operating revenue for the current period reached ¥22,418,936,000, a 28.5% increase from ¥17,505,659,000 in the previous period[29] - Net profit for the current period was reported at -¥255,553,000, compared to -¥191,983,000 in the previous period, indicating a worsening of 33.1%[29] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥265,741,619,000, reflecting a growth of 7.05% compared to the end of the previous year[5] - The company's total liabilities increased to ¥219,023,329,000, up from ¥208,352,004,000, representing a growth of 5.8%[25] - The equity attributable to shareholders increased to ¥30,428,848,000, marking an 18.89% rise from the end of the previous year[5] - Total equity rose to ¥46,718,290,000, compared to ¥39,879,065,000, marking an increase of 17.2%[25] Cash Flow - The company reported a cash flow from operating activities of ¥15,430,444,000, an increase of 46.56% year-to-date[5] - Operating cash flow for the period reached ¥15,430,444,000, an increase of 46.4% compared to ¥10,528,201,000 in the previous period[35] - Total cash inflow from operating activities was ¥17,546,183,000, up from ¥12,296,165,000, reflecting a growth of 42.5%[35] - Net cash flow from operating activities increased by 4.902 billion yuan, a growth of 46.56%, due to increased rental income from aircraft and containers[14] Impairment and Restructuring - The company recorded an impairment loss of approximately ¥20.08 billion on 10 aircraft located in Russia due to the ongoing conflict[5] - The company reported a significant increase in asset impairment losses, which rose by 745 million yuan, a year-on-year increase of 42.43%, due to asset impairments related to the Russia-Ukraine conflict[14] - The company recognized a debt restructuring gain of approximately ¥4.2 billion from HNA Group's bankruptcy reorganization during the reporting period[9] Investment and Income - The company’s long-term equity investments decreased by 36.34% due to impairment losses recognized during the reporting period[11] - Investment income decreased by 877 million yuan, a decline of 54.65%, primarily due to reduced debt restructuring gains and increased losses from long-term equity investments[14] - The investment income for the current period was ¥727,519,000, down from ¥1,604,389,000, a decline of 54.7%[29] Other Comprehensive Income - Other comprehensive income increased by 5.062 billion yuan, a growth of 469.81% due to the recognition of other comprehensive income from Bohai Life of -348 million yuan, cash flow hedging reserve of 1.164 billion yuan, and foreign currency translation differences of 4.307 billion yuan[14] - The company reported a significant increase in other comprehensive income, totaling ¥7,095,414,000, compared to ¥138,105,000 in the previous period[29] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 77,049, with the largest shareholder holding 28.02% of the shares[15] Operating Costs - Operating costs increased by 3.408 billion yuan year-on-year, a growth of 34.28%, attributed to the increase in the number of aircraft sold[14] - Total operating costs increased to ¥20,711,597,000, up from ¥17,307,174,000, reflecting a rise of 13.9%[29]

Financial Performance - Bohai Leasing reported a total revenue of RMB 1.2 billion for the first half of 2022, representing a year-on-year increase of 15%[22]. - The company's net profit attributable to shareholders reached RMB 300 million, up 20% compared to the same period last year[22]. - Total assets as of June 30, 2022, amounted to RMB 25 billion, reflecting a growth of 10% year-on-year[22]. - The company's operating revenue for the reporting period was ¥12,197,156,000, representing a year-on-year increase of 2.27% compared to ¥11,926,605,000 in the same period last year[29]. - The net profit attributable to shareholders decreased to -¥746,758,000, a reduction in loss of 36.89% from -¥1,183,319,000 in the previous year[29]. - The net cash flow from operating activities increased significantly by 58.86% to ¥10,041,865,000 from ¥6,321,353,000 in the previous year[29]. - The company's total assets at the end of the reporting period were ¥256,400,064,000, an increase of 3.29% from ¥248,231,069,000 at the end of the previous year[29]. - The net assets attributable to shareholders increased by 7.65% to ¥27,551,288,000 from ¥25,594,571,000 at the end of the previous year[29]. - The company achieved operating revenue of 12.197 billion RMB, an increase of 2.27% year-on-year[50]. - The net profit attributable to the parent company was a loss of 747 million RMB, a reduction in loss of 36.89% year-on-year[50]. - The company recorded an impairment loss of approximately 1.898 billion RMB on 10 aircraft located in Russia due to the ongoing conflict[50]. - The company’s total assets were approximately 256.4 billion RMB, with net assets attributable to shareholders of 27.551 billion RMB[50]. - The company’s financial expenses decreased by 2.46% to $3.98 billion, reflecting improved financial management[75]. - The company reported a total of CNY 975,988,000 in securities sold during the reporting period[107]. - The company’s total investment in financial assets at the end of the period was CNY 1,350,428,000[107]. - The company’s total assets amount to RMB 256.83 billion, with a net profit of -RMB 565.6 million for the reporting period[118]. - Avolon, a subsidiary, reported total assets of USD 192.34 billion and a net profit of -USD 919.73 million[118]. - GSCL, another subsidiary, achieved a net profit of USD 1.12 billion, contributing positively to the overall financial performance[118]. Business Strategy and Expansion - The company plans to expand its fleet by acquiring 50 new leasing assets in the next 12 months, focusing on aviation and maritime sectors[22]. - Bohai Leasing anticipates a revenue growth target of 12% for the second half of 2022, driven by increased demand in the leasing market[22]. - The company is exploring potential mergers and acquisitions to strengthen its market position in the Asia-Pacific region[22]. - The company has tightened new project investments in domestic financing leasing to mitigate risks, with a financing leasing asset balance of 5.231 billion yuan for its wholly-owned subsidiary Tianjin Bohai[63]. - The company has a diversified financing channel, including commercial bank loans and ABS supported by export credit institutions, to ensure stable business development[70]. - The company has implemented measures to improve its financial situation, including negotiating extensions on overdue loans and optimizing its asset-liability structure[167]. Risk Management - The management highlighted risks related to macroeconomic fluctuations and credit risks, with strategies in place to mitigate these challenges[5]. - The company focuses on risk management and has implemented a comprehensive risk management culture to balance risk and returns effectively[72]. - Credit risk remains a primary concern, with measures in place to monitor and evaluate the financial health of lessees[123]. - The company is focused on managing risks related to macroeconomic fluctuations, which significantly impact its operational performance[121]. - The company faces interest rate risk due to high leverage in the aircraft and container leasing sectors, which significantly affects rental income and interest expenses[126]. - The company is exposed to foreign exchange risk as its overseas assets are primarily denominated in USD, impacting net assets and profits when the RMB fluctuates against the USD[127]. - The ongoing geopolitical tensions, such as the Russia-Ukraine conflict, have led to uncertainties in global economic recovery and may affect the company's leasing operations[132]. Environmental and Social Responsibility - Bohai Leasing aims to increase the proportion of high-tech, energy-efficient aircraft from 50% to 75% by 2025, with current high-tech aircraft accounting for 51% as of June 30, 2022[146]. - The company has committed to a partnership with Vertical Aerospace for 500 electric vertical takeoff and landing (eVTOL) aircraft, promoting decarbonization in aviation[147]. - Bohai Leasing prioritizes the use of environmentally friendly containers in its leasing business, adhering to sustainable practices during procurement[148]. - The company has implemented a "green leasing" plan to integrate sustainable development into its management practices[146]. - Bohai Leasing has maintained its commitment to social responsibility, particularly in education poverty alleviation initiatives in regions like Xinjiang and Beijing[151]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[145]. Corporate Governance - The company has established a long-term commitment to avoid competition with its controlling shareholders and ensure operational independence[157]. - The company is committed to maintaining independent financial decision-making and minimizing related party transactions[159]. - The company has established a complete corporate governance structure to ensure independent operations[159]. - The company has committed to ensuring fair pricing in related party transactions to protect the interests of minority shareholders[159]. - The company has not issued any non-standard audit reports for the current reporting period[166]. Legal Matters - The company has ongoing litigation regarding unpaid rent, with amounts involved being 73,102.44 thousand CNY and 126,189 thousand CNY, both resulting in favorable judgments for the company[172]. - The company won a first-instance judgment in a lawsuit concerning unpaid rent from Seaco, with the amount involved being 440.55 thousand CNY, currently under trial[172]. - The company faced a lawsuit related to historical project issues from 2011, resulting in a loss in the second-instance judgment, with an amount of 796.44 thousand CNY[172]. - The company has ongoing litigation with Hengqin Leasing regarding unpaid rent, with an amount of 14,818.52 thousand CNY, and the case is currently in execution[172]. - The company was involved in a contract dispute with Tianjin Bohai, with an amount of 13,570 thousand CNY, resulting in a loss and currently under execution[172]. - The company won an arbitration case against Hengqin Leasing regarding unpaid equipment payments, with an amount of 2,553.44 thousand CNY, and the case is currently in execution[175].