The financial leasing SPV of Lingang New Area has expanded to include four types of leasing assets: power batteries, smart manufacturing, industrial robots, and host equipment.
On the morning of July 17, the director of Shanghai Financial Regulatory Bureau, Qi Xiang, officially announced the "Expansion of Business Scope Pilot Program for Financial Leasing Projects in Lingang New Area" and interpreted the policy. This pilot program will expand the scope of leased assets of the original gold lease project companies to include four types of equipment: new energy, power batteries, smart manufacturing, and industrial mother machines. The business entities will also be expanded to SPVs established by national gold lease companies in Lingang. At the event, six gold lease companies including Bank of Communications Financial Leasing, Agricultural Bank of China Financial Leasing, China Merchants Financial Leasing, CPIC Financial Leasing, Bank of Communications Financial Leasing, and Changjiang Financial Leasing officially signed contracts as the first batch of pilot enterprises for Lingang New Area's "Comprehensive Deepening of Financial Leasing Innovative Development Experimental Zone".
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