求真探索 | 重塑行业，回归本源：解读金融租赁业务新规

Core Viewpoint - The newly released "Management Measures for Financing Lease Business of Financial Leasing Companies" aims to standardize the financing lease industry in China, emphasizing a return to the core business of "financing" and "leasing goods" [2][3] Policy Background - The financial leasing industry plays a crucial role in connecting finance with the real economy, supporting equipment upgrades and industrial transformation. However, some companies have deviated from their core business, leading to risks such as inadequate due diligence and poor asset management [3] - The central financial work conference has called for high-quality financial services for economic development, and the new measures respond to the dual needs of industry transformation and risk control [3] Policy Content Analysis - The measures focus on "leasing goods," emphasizing their management as a core standard for distinguishing financing leases from ordinary credit [5] - A standardized operational framework is established, detailing every step from due diligence to post-lease management, with specific requirements for different types of leases [6][7] - Risk management is embedded throughout the business process, with a focus on operational risk control, employee behavior management, and proactive risk response [8] Expected Effects of Policy Implementation - The implementation of the measures is expected to reshape industry competition, favoring companies with strong industrial backgrounds and robust risk management systems [9] - By enhancing the management of leasing goods and preventing fund misuse, the measures aim to sever the transmission of risks from leasing to credit, thereby improving the overall stability of the financial leasing sector [10] - Financial leasing companies that focus on leasing goods will be better positioned to serve the real economy, providing tailored financial solutions for technology-driven enterprises [11] Implementation Outlook and Challenges - The measures signify the end of the "wild growth" era in the financial leasing industry, ushering in a period of meticulous management [12] - Challenges include the need for companies to rebuild talent and knowledge systems, address existing issues in current contracts, and rebalance profit models towards more sophisticated asset management [12]