Legal basis: Article 48 of the Measures for the Administration of Financial Leasing Companies. To apply for the establishment of a financial leasing company, the following conditions shall be met:
(1) Having articles of association that comply with the Company Law of People's Republic of China (PRC) and the provisions of the CBRC;
(2) Having promoters who meet the prescribed conditions;
(3) The registered capital is a one-time paid-in monetary capital with a minimum amount of 654.38 billion yuan or its equivalent in a freely convertible currency;
(4) There are directors and senior managers who meet the post qualifications, and the number of employees who have been engaged in finance or financial leasing for more than 3 years is not less than 50% of the total number;