Core Viewpoint - Jiangsu Financial Leasing Co., Ltd. is set to hold a Q3 2025 performance briefing on December 5, 2025, to discuss its operational results and financial status with investors [2][3][4]. Group 1: Meeting Details - The performance briefing will take place on December 5, 2025, from 14:00 to 15:00 [5]. - The meeting will be held at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [4][5]. - Investors can submit questions from November 28, 2025, to December 4, 2025, before 16:00, either through the Roadshow Center website or via the company's email [2][6]. Group 2: Participants and Contact Information - Key participants in the meeting include Chairman Zhou Baiqing, Vice General Manager and CFO Zhang Chunbiao, and Board Secretary Jiang Yong [4]. - For inquiries, investors can contact Mr. Chen at 025-86815298 or via email at info@jsleasing.cn [6].

Core Viewpoint - Jiangsu Financial Leasing Co., Ltd. (Jiangsu Jinzu) has been recognized for its comprehensive quality and excellence in service to the real economy, winning the "Financing Leasing Institution (Jinzu) Comprehensive Quality Model" award at the "2025 Leasing Industry Production and Financial Ecosystem Conference" held in Shanghai [1] Group 1: Awards and Recognition - Jiangsu Jinzu received the "Financing Leasing Institution ESG Influence Model" award, becoming one of the 15 benchmark enterprises in the industry recognized for its systematic practices in Environmental, Social, and Governance (ESG) [1][8] - The awards reflect the market and industry’s acknowledgment of Jiangsu Jinzu's high-quality development [1] Group 2: ESG Practices - The company has fully integrated ESG concepts into its governance and strategic development, establishing a systematic governance structure and comprehensive management mechanisms [8] - Jiangsu Jinzu actively practices green finance, continuously expanding its green leasing business to promote green transformation [8] - The company is committed to serving the real economy, focusing on inclusive finance, and providing precise support for the development of small and micro enterprises [8] Group 3: Future Goals - Through standardized ESG management, high-quality information disclosure, and continuous innovative practices, Jiangsu Jinzu has become a model enterprise for ESG development in the financing leasing industry [9] - The company aims to deepen its ESG governance system and promote the synergy between business development, environmental protection, and social benefits, striving towards the goal of becoming an "internationally leading equipment leasing service provider" [9]

Core Viewpoint - The development of financing leasing in China should focus on three directions: specialization, digitization, and internationalization [1] Group 1: Specialization - The need for specialization is driven by regulatory, market, technological, and risk control factors [1] - Regulatory drivers emphasize the importance of serving the real economy and returning to the essence of leasing [1] - Market competition necessitates companies to leverage their advantages in specialized fields to gain a competitive edge [1] - Technological advancements such as IoT, big data, and cloud computing are pushing the industry towards specialization [1] - Enhanced risk control capabilities can be achieved through specialization, allowing companies to develop risk management models tailored to specific industries [1] Group 2: Implementation of Specialization - Companies should focus on 1-3 specialized fields based on their resource endowments [2] - Development of tailored products and services is essential, with standard products created for different industries [2] - Specialized business systems, asset management systems, and data tools should be introduced or developed for specific operations [3] - Establishing professional teams with a combination of financial and industry knowledge is crucial for targeted product development [3] - The shift from "capable" to "refined" is necessary for financing leasing companies to build their unique professional characteristics and core competitiveness [4]

Core Viewpoint - The company emphasizes a collaborative approach in the financing leasing industry, focusing on mutual development and sincerity to create win-win situations among industry chain partners [1][3]. Group 1: Collaborative Strategies - The company offers to share licenses and technology risk control systems with lending institutions lacking compliance qualifications, providing comprehensive training support to help them quickly enter the market [1]. - For equipment manufacturers looking to expand sales through leasing channels but concerned about asset disposal, the company has established mechanisms for instant debt conversion and efficient overdue asset disposal, ensuring regular communication about asset status to alleviate concerns about bad debt risks [1]. - The company utilizes AI risk control systems and GPS dynamic monitoring to provide real-time sharing of leasing asset data, ensuring transparency in fund flows for investors seeking safe investment directions [1]. Group 2: Strength and Vision - The company's vision is to "drive production and finance with technology, creating a leading financing leasing value platform in China," supported by a robust AI risk assessment system that retains human review to avoid mechanical judgment errors [3]. - The core team consists of eight seasoned professionals with over ten years of practical experience in the financial industry, capable of accurately matching solutions to business needs [3]. - Following strategic control by Shanrong Xinda in 2024, the company has been recognized as an "Innovative Breakthrough Enterprise in Financing Leasing" in Shaanxi Province and has been included in the top 50 of the industry in Shaanxi, establishing itself as a benchmark in the production and finance sector [3]. Group 3: Future Plans - The company plans to cover key economic circles nationwide within three years and aims to become a leading service provider in the leasing of new energy and high-end equipment [3]. - The core values of "integrity, innovation, responsibility, and win-win" will continue to guide the company, which is committed to nurturing the real economy with financial resources and providing warm services to connect more demands [3][5]. - The company envisions leasing not just as a business but as a means to convey value and warmth, contributing to the modernization of production and finance in China [5].

Core Viewpoint - The article discusses the differences in VAT policies between "financing leasing services" and "financing sale-leaseback services," highlighting their definitions, tax obligations, and applicable tax rates. Group 1: Financing Leasing Services - Financing leasing services are defined as leasing activities with financing characteristics and ownership transfer features, where the lessor retains ownership during the lease term, and the lessee has the right to use the asset [1]. - Financing leasing services are subject to VAT under the modern service category, specifically under leasing services [1][2]. - The applicable tax rates for financing leasing services are 13% for tangible asset leasing and 9% for real estate leasing [3]. Group 2: Financing Sale-Leaseback Services - Financing sale-leaseback services involve the lessee selling an asset to a financing leasing company for financing purposes and then leasing it back, with ownership and associated risks not fully transferred [4]. - The interest income from financing sale-leaseback services is taxed under loan services, while the sale of the asset itself is not subject to VAT [4]. - The applicable tax rate for financing sale-leaseback services is 6% [7]. Group 3: Tax Calculation Basis - For financing leasing services, the sales amount is calculated as the total price and additional fees received, minus paid borrowing interest and vehicle purchase tax [2][5]. - For financing sale-leaseback services, the sales amount is similarly calculated, with specific provisions for contracts signed before April 30, 2016, allowing for continued VAT treatment as financing leasing services [5][6]. Group 4: VAT Tax Relief - General taxpayers engaged in financing leasing and financing sale-leaseback services may benefit from a VAT refund policy if their actual tax burden exceeds 3% [7].

Core Insights - The 19th Shanghai Financial Services for the Real Economy Fair (referred to as "Jin Qiao Hui") successfully held a special event in Jinshan District, focusing on directing financial resources to the real economy [1] Group 1: Event Overview - The event gathered representatives from government departments, financial institutions, parks, and enterprises to promote precise financial support for the real economy [1] - The Jinshan District has introduced specific policies to support insurance premiums for technology-based enterprises, encouraging the development of innovative insurance products [5] Group 2: Financial Services and Support - Companies such as Shanghai Yongsheng Packaging Co., Shanghai Xianglun New Materials Technology Co., and others expressed their operational and financing concerns during the interactive session [4] - Financial advisors from various institutions provided specific suggestions for financing issues, including the use of technology-based loan products for advanced manufacturing enterprises [5][6] - Insurance companies can offer research and development insurance during project processes to enhance the security of R&D loans, thereby reducing banks' credit concerns [6] - In cases where factory assets cannot be effectively mortgaged, companies may consider using leasing companies to activate production line equipment to alleviate financial pressure [7] Group 3: Future Initiatives - The Jin Qiao Hui will continue to innovate its format and content, with over ten special "park tours" planned before the end of the year, and an online exhibition lasting until September 2026 [7] - The fair aims to enhance the quality and effectiveness of financial services, aligning with Shanghai's mission to support the real economy [7]

Core Viewpoint - The company announced a financing lease agreement involving an asset acquisition for RMB 14 million, which will be leased back to the lessee for a period of five years [1] Group 1 - The subsidiary of the company, Green Gold Leasing, entered into a financing lease with the lessee [1] - The total cost of the asset acquisition is RMB 14 million [1] - The leaseback arrangement allows the lessee to use and occupy the asset for five years [1]

Core Viewpoint - The company announced a financing lease agreement involving a total consideration of RMB 30 million, aimed at acquiring ownership of heating equipment and facilities for use by the lessees [1] Group 1: Company Actions - The company’s subsidiary, Green Gold Leasing, entered into a financing lease with three lessees: Dehui Yongqing Heating Co., Ltd., Dehui Changsheng Heating Co., Ltd., and Dehui Jinhui Heating Co., Ltd. [1] - The lease agreement allows the lessees to use and occupy the specified heating equipment and facilities located in Changchun, Jilin Province, China [1] Group 2: Financial Details - The total consideration for the acquisition of the assets is RMB 30 million [1] - The lease term is set for five years [1]

Group 1 - The industry faces low operational efficiency due to market information asymmetry, making it difficult for business personnel to accurately understand customer needs, leading to lengthy internal due diligence and approval processes [1] - Weak risk control capabilities are prevalent, especially in inclusive finance, where the ability to verify and analyze data for numerous small and medium enterprises is insufficient, resulting in increased risks [2] - The liquidity of assets in the financing leasing sector is poor, as the long leasing periods (typically 3-5 years or even 10-20 years) and the non-standard nature of most products complicate asset turnover [3] Group 2 - Compliance costs for financing leasing companies are rising, with the need to provide various regulatory reports, which, while increasing costs, also enhances compliance management [4] - There is a serious issue of service homogenization in the industry, as companies rely heavily on similar models for risk assessment and due diligence, leading to a lack of innovation and insufficient data collection [5] - These five challenges are interconnected, creating a web that constrains industry development, with digitalization seen as a potential solution to break through these barriers [6]

Core Insights - The financing leasing industry is facing increased compliance costs due to stringent regulations, leading to a noticeable talent shortage, although specialized and industry-specific talent is entering the sector [1] - National policy incentives are creating strategic opportunities for the financing leasing industry, with a clear value positioning of the leasing attribute and encouragement for cross-border leasing initiatives under the Belt and Road policy [2] Group 1: Challenges - Strong regulations have raised compliance costs across the industry, exacerbating the talent shortage [1] - The financing leasing sector has seen a reduction in personnel, yet there is a continuous influx of specialized and industry-specific talent [1] Group 2: Opportunities - National policies are providing strategic opportunities, particularly through the clarification of the financing leasing industry's value positioning [2] - Initiatives such as the RMB cross-border pilot in free trade zones and the Belt and Road policy are facilitating the expansion of cross-border leasing and international market development [2] - Leading companies are leveraging their advantages in cross-border leasing and the new energy sector, while other leasing firms are focusing on strategic and specialized areas, evolving from a simple credit-like model to a value management model [2]