如何让更多企业重新发现融资租赁的独特优势？如何让更多资源通过融资租赁链接新质生产力赛道？ 如何让租赁转型恰好适配新质产业需求？ 第一财经携手上海交易集团为融资租赁与新质产业，倾力搭 建全生态产融圈层，利用主流价值之声，让公众市场重新发现"融资租赁"的内涵及价值。 "2025租赁业产融生态大会"，已邀请监管机构、经济学家、金融基础设施、中国主流融资租赁机构、 全球知名新质企业、国内头部产业协会等，共同呈现一场推进中国融资租赁高质量转型发展、构建产 业金融生态圈的国际化论坛。 今日之融资租赁，早已不能是简单的"租设备"和"类信贷"，而是新质生产力发展的 "价值伙伴" 。它的 价值回归，是金融服务向实体经济本源的致敬；它的价值重估，是市场对其产业赋能能力的再认知。 09:00-09:05 · 管小军 上海交易集团党委副书记、总裁 欢迎 胜 09:05-09:10 · 上海市领导 开幕致辞 本次大会 聚焦"新质"发展 ，从人工智能制造对传统行业智慧升级，到新能源产业的规模化布局，再到 低空经济场景研判，不仅谈"融资、融物"，更要谈"融智、融伴"，不仅要同业交流，更要跨行业互 动，让融资租赁不再局限于"资金融通"，更能 ...

格隆汇11月20日丨友联国际教育租赁(01563.HK)公告，截至2025年9月30日止6个月中期业绩，集团于报 告期内的收益同比增加约11.4%至约人民币3.73亿元。集团于报告期内的溢利人民币1.03亿元。董事会 并不建议就报告期派付任何中期股息(截至2024年9月30日止6个月：无)。 截至2024年底，我国融资租赁公司总资产规模达人民币4.58万亿元，同比增长9.6%，虽增速有所放缓， 但整体规模仍保持稳健扩张态势。于报告期末，中国融资租赁公司总数约为7,020家，较2024年底减少 近331家。随着租赁行业持续清理整顿，弱势企业被淘汰，融资租赁的竞争更趋激烈。集团所服务的客 户，主要为医疗保健行业和航空行业。中国营商环境保持平稳势态，若干承租人(特别是医疗保健行业 中的若干承租人)拥有充足的现金流量及时还款的能力，令集团于报告期内不需就融资租赁应收款项作 出重大减值拨备净额。 ...

融物承新 租赢未来 主题 今日之融资租赁，早已不能是简单的"租设备"和"类信贷"，而是新质生产力发展的 "价值伙伴" 。它的 价值回归，是金融服务向实体经济本源的致敬；它的价值重估，是市场对其产业赋能能力的再认知。 如何让更多企业重新发现融资租赁的独特优势？如何让更多资源通过融资租赁链接新质生产力赛道？ 如何让租赁转型恰好适配新质产业需求？ 第一财经携手上海交易集团为融资租赁与新质产业，倾力搭 建全生态产融圈层，利用主流价值之声，让公众市场重新发现"融资租赁"的内涵及价值。 "2025（首届）租赁业产融生态大会"，已邀请监管机构、经济学家、金融基础设施、中国主流融资租 赁机构、全球知名新质企业、国内头部产业协会等，共同呈现一场推进中国融资租赁高质量转型发 展、构建产业金融生态圈的国际化论坛。 本次大会 聚焦"新质"发展 ，从人工智能制造对传统行业智慧升级，到新能源产业的规模化布局，再到 低空经济场景研判，不仅谈"融资、融物"，更要谈"融智、融伴"，不仅要同业交流，更要跨行业互 动，让融资租赁不再局限于"资金融通"，更能延伸至 "产业金融" 的深层维度，成为新质生产力成长阶 段的 "孵化器" ，让每一个创新火种 ...

国银金租港股市值48.19亿港元，在多元金融行业中排名第17。主要指标见下表： | 指标 | 国银金租 | 多元金融 行业平均 | 行业排名 | | --- | --- | --- | --- | | ROE | 12.4% | -10.37% | 14 129 | | 港股流通市值 | 48.19 Z | 70.44 Z | 17 129 | | 营业收入 | 249.94 Z | 24.96 Z | 3 129 | | 净利率 | 19.93% | -1247.62% | 43 129 | | 毛利率 | | 48.67% | | | 员债率 | 90.04% | 40.41% | 121 129 | 国银金租(01606.HK)发布公告，公司作为出租人与承租人哈尔滨市双城区华热绿色电力有限公司及卖方 湖南三一智慧新能源设计有限公司于2025年11月14日(交易时段后)订立融资租赁安排，据此，公司作为 买方与承租人及卖方订立转让合同，同意以代价人民币15亿元向卖方购买交易标的，及公司作为出租人 与承租人订立融资租赁合同，同意向承租人出租租赁物(即交易标的)，租赁期为216个月。 截至2025年11月14日 ...

格隆汇11月14日丨国银金租(01606.HK)宣布，公司作为出租人与承租人及卖方于2025年11月14日订立融 资租赁安排，据此，(i)公司作为买方与承租人及卖方订立转让合同，同意以代价人民币15亿元向卖方购 买交易标的，及(ii)公司作为出租人与承租人订立融资租赁合同，同意向承租人出租租赁物(即交易标 的)，租赁期为216个月。 ...

Core Conclusion - Far East Horizon Limited, listed on the Hong Kong Stock Exchange in 2011, has evolved into a comprehensive group with financial services as its "shield" and industrial operations as its "spear" [1] - The company's subsidiary, Hongxin Jianda, successfully listed on the Hong Kong Stock Exchange in 2023, becoming China's largest equipment operation service provider [1] - The company is optimistic about its stable leasing investment and decreasing cost of liabilities, as well as the net profit expansion of its industrial operations under its overseas strategy, initiating coverage with a "Buy" rating [1] Business Segments - Far East Horizon's main business encompasses two segments: financial services and industrial operations, with financial services centered on leasing and diversified innovative financial services [1] - The industrial operations segment includes equipment operations led by Hongxin Jianda and hospital operations led by Hongxin Health [1] - The revenue structure shows a rapid increase in the share of industrial operations, projected to account for 42.71% of total revenue in 2024, up 4.03 percentage points year-on-year, reflecting the effectiveness of the "finance + industry" dual-driven development strategy [1] Financial Services - The financial services segment has maintained stable growth in interest-earning assets while enhancing compliance and risk control measures [1] - The expansion of inclusive finance and the decline in cost of liabilities are expected to further widen the interest margin [1] Industrial Operations - The industrial operations segment integrates industry and finance, leveraging resource and business synergies [1] - Hongxin Jianda is actively pursuing overseas business expansion, achieving steady revenue growth, while Hongxin Health has established 26 private hospitals focusing on under-resourced third and fourth-tier cities, creating a unique hospital network [1] Asset Quality and Risk Management - The company has optimized its asset structure, leading to significant improvements in asset quality while maintaining stability [2] - A prudent project investment strategy has been implemented to strictly control the quality of new business and reduce the scale of urban public projects, effectively controlling the generation of non-performing assets [2] - The non-performing asset formation rates for 2023-2025H are projected at 0.50%, 0.43%, and 0.23%, with non-performing asset provision coverage ratios at 240%, 228%, and 227% respectively [2]

今日之融资租赁，早已不能是简单的"租设备"和"类信贷"，而是新质生产力发展的"价值伙伴"。它的价 值回归，是金融服务向实体经济本源的致敬；它的价值重估，是市场对其产业赋能能力的再认知。 如何让更多企业重新发现融资租赁的独特优势？如何让更多资源通过融资租赁链接新质生产力赛道？如 何让租赁转型恰好适配新质产业需求？第一财经携手上海交易集团为融资租赁与新质产业，倾力搭建全 生态产融圈层，利用主流价值之声，让公众市场重新发现"融资租赁"的内涵及价值。 "2025（首届）租赁业产融生态大会"，已邀请监管机构、经济学家、金融基础设施、中国主流融资租赁 机构、全球知名新质企业、国内头部产业协会等，共同呈现一场推进中国融资租赁高质量转型发展、构 建产业金融生态圈的国际化论坛。 时间： 2025年11月25日 地点： 上海外滩茂悦大酒店 论坛议程·上午场 本次大会聚焦"新质"发展，从人工智能制造对传统行业智慧升级，到新能源产业的规模化布局，再到低 空经济场景研判，不仅谈"融资、融物"，更要谈"融智、融伴"，不仅要同业交流，更要跨行业互动，让 融资租赁不再局限于"资金融通"，更能延伸至"产业金融"的深层维度，成为新质生产力成长阶 ...

今日之融资租赁，早已不能是简单的"租设备"和"类信贷"，而是新质生产力发展的 "价值伙伴" 。它的 价值回归，是金融服务向实体经济本源的致敬；它的价值重估，是市场对其产业赋能能力的再认知。 如何让更多企业重新发现融资租赁的独特优势？如何让更多资源通过融资租赁链接新质生产力赛道？ 如何让租赁转型恰好适配新质产业需求？ 第一财经携手上海交易集团为融资租赁与新质产业，倾力搭 建全生态产融圈层，利用主流价值之声，让公众市场重新发现"融资租赁"的内涵及价值。 "2025（首届）租赁业产融生态大会"，已邀请监管机构、经济学家、金融基础设施、中国主流融资租 赁机构、全球知名新质企业、国内头部产业协会等，共同呈现一场推进中国融资租赁高质量转型发 展、构建产业金融生态圈的国际化论坛。 本次大会 聚焦"新质"发展 ，从人工智能制造对传统行业智慧升级，到新能源产业的规模化布局，再到 低空经济场景研判，不仅谈"融资、融物"，更要谈"融智、融伴"，不仅要同业交流，更要跨行业互 动，让融资租赁不再局限于"资金融通"，更能延伸至 "产业金融" 的深层维度，成为新质生产力成长阶 段的 "孵化器" ，让每一个创新火种都能借助"融资租赁"的力量 ...

Core Viewpoint - Bohai Leasing's stock price has shown fluctuations with a recent increase, while the company faces challenges in profitability despite significant revenue growth [1][2]. Financial Performance - As of September 30, 2025, Bohai Leasing reported a revenue of 40.284 billion yuan, marking a year-on-year increase of 60.58%. However, the net profit attributable to shareholders was -1.372 billion yuan, a decrease of 186.31% compared to the previous year [2]. - The company's stock price has decreased by 0.80% year-to-date, but it has increased by 3.60% over the last five trading days, 9.36% over the last 20 days, and 6.86% over the last 60 days [2]. Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 18.11% to 99,800, while the average circulating shares per person increased by 22.11% to 54,026 shares [2]. - Bohai Leasing has distributed a total of 1.136 billion yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Institutional Holdings - Among the top ten circulating shareholders, GF Multi-Factor Mixed Fund is the seventh largest with 119 million shares, indicating a new entry. Hong Kong Central Clearing Limited is the ninth largest, holding 94.3035 million shares, a decrease of 7.9635 million shares from the previous period [3].

Core Insights - The 18th China Financing Leasing Annual Conference was held in Beijing on November 6, 2025, focusing on the "14th Five-Year Plan" and discussing market access, policy interpretation, market expansion, industry transformation, strategic upgrades, and model innovation [1][3] - Haier Financing Leasing was awarded the "Annual Company Award" in the 2025 China Financing Leasing List, reflecting the industry's recognition of its comprehensive strength [1][3] Industry Overview - The China Financing Leasing Annual Conference has been a significant event since its inception in 2007, gathering professionals, scholars, and executives to discuss cutting-edge industry topics and promote healthy development [3] - The conference serves as a platform for deep dialogue within the industry and aims to foster collaboration and value co-creation [3] Company Profile - Haier Financing Leasing is a leading domestic financing leasing company that adheres to the business philosophy of "Finance for Industry," focusing on serving the real economy and various sectors such as intelligent manufacturing, healthcare, education, and agriculture [5] - The company has invested over 120 billion in supporting the real economy, served more than 9,000 clients, and manages assets exceeding 24 billion [5] - Haier Financing Leasing plans to continue its commitment to the "Finance for Industry" philosophy, leveraging its professional advantages in "financing + asset management" to enhance service models and contribute to regional economic development and the modernization of the industrial system [5]