Who will Chongqing Line 3 be outsourced to?

Chongqing Line 3 was outsourced, and Chongqing Rail Transit (Group) Co., Ltd. and Kunlun Financial Leasing Co., Ltd. held a signing ceremony for the financial leasing project, which raised 2 billion yuan for rail transit construction through financial leasing.

The financing lease method is that the Rail Transit Group transfers some equipment of the first phase construction of Rail Transit Line 3 to Kunlun Leasing Company at a price of 2 billion yuan, which is still used by the Rail Transit Group and pays rent to Kunlun Leasing Company on a quarterly basis. It is reported that the financing lease of 2 billion yuan will be used for the construction of rail transit line 3 currently under construction by Chongqing Light Rail Group. This can avoid taking up a lot of working capital because of equipment investment and revitalize enterprise assets.