Registration conditions of individual leasing companies

As of March 27, 2007, according to the latest news of the Administrative Measures for Financial Leasing Companies published by the Chinese government website on March 27, 2024, an application for the establishment of a financial leasing company shall meet the following conditions: (1) There are investors who meet the requirements of these Measures; Having the minimum registered capital that meets the requirements of these Measures; Having articles of association that conform to the Company Law of People's Republic of China (PRC) and the provisions of these Measures; Having directors and senior managers who are familiar with the financial leasing business and qualified employees who meet the qualifications stipulated by the China Banking Regulatory Commission; It has a sound corporate governance, internal control, business operation and risk prevention system; Having qualified business premises, safety precautions and other business-related facilities; Other conditions stipulated by China Banking Regulatory Commission.