Core Viewpoint - The rise of new consumption models such as "buy now, pay later" and "credit leasing" is driving the growth of the electronic product leasing market, allowing consumers to enjoy product usage rights at lower costs while creating new market opportunities for leasing companies. However, rapid industry expansion has led to various issues, including trust crises due to improper practices and regulatory lag [1][2]. Group 1: Industry Challenges - The recent report by the China Consumer Association highlighted typical complaints in the first quarter, signaling a warning for the industry's development. Issues such as built-in software restrictions, improper debt collection, and rental disputes have contributed to a trust crisis in credit leasing [1]. - The lack of unified information disclosure standards in the credit leasing sector has resulted in companies drafting their own contract templates, focusing on protecting their interests while limiting consumer bargaining power. Key information regarding device functionality, cost structure, and privacy protection is often unclear, leading to potential consumer rights violations [1][2]. Group 2: Regulatory Recommendations - To regulate market order, it is essential to strengthen information disclosure and compliance management. Leasing platforms must take responsibility by clearly disclosing rental calculation methods, breach responsibilities, and maintenance obligations to protect consumer rights [2]. - Regulatory authorities should expedite the establishment of industry standards and create an electronic leasing product admission mechanism, incorporating data collection scope and debt collection behavior into a legal framework. Recent guidelines from the Central Committee and the State Council emphasize the cultivation of a credit service market, providing policy direction for the credit leasing industry [2]. Group 3: Building a Trustworthy Ecosystem - The value of the credit system is often mutually empowering. Platforms should use credit scoring to filter quality users and reduce default risks, while consumers need to choose compliant platforms through qualification reviews and reputation assessments. Before signing contracts, consumers should carefully review terms, especially regarding early termination and equipment damage responsibilities [2]. - The emergence of credit leasing consumption is a result of the development of the credit system and the improvement of social trust levels. Establishing a credible leasing ecosystem requires rigid institutional boundaries to ensure the sustainable vitality of this new consumption model [2].