Is Minsheng Financial Leasing Reliable?

Reliable. According to the Administrative Measures for Financial Leasing Companies promulgated by China Banking Regulatory Commission, Minsheng Bank actively applied to the regulatory authorities of the Ministry of Industry and Information Technology to set up a financial leasing company, and received the Reply of China Banking Regulatory Commission on approving the establishment of Minsheng Financial Leasing Co., Ltd. on September 30, 2007. On March 26, 2008, China Banking Regulatory Commission issued the Reply of China Banking Regulatory Commission on the opening of Minsheng Financial Leasing Co., Ltd., approving the opening of Minsheng Financial Leasing Co., Ltd., and on April 2, 2008, Minsheng Financial Leasing Co., Ltd. When the company was established, its registered capital was 3.2 billion yuan, which was jointly funded by China Minsheng Bank Co., Ltd. and Tianjin Free Trade Zone Investment Co., Ltd.; Up to now, the registered capital of Minsheng Golden Rent is 5.095 billion yuan, and the controlling shareholder is China Minsheng Bank, holding 5 1.03%.