Is Hengxin Financial Leasing a State-owned Enterprise?

Hengxin financial leasing is not a state-owned enterprise. Xuzhou Hengxin Financial Leasing Co., Ltd. (hereinafter referred to as Hengxin Financial Leasing) was established on 20 16 14 with the approval of China Banking and Insurance Regulatory Commission (formerly China Banking Regulatory Commission). Established by GCL Smart Energy Co., Ltd., Xugong Group Construction Machinery Co., Ltd. and Xuzhou Guo Sheng Holding Group Co., Ltd., it is the first financial leasing company under the GCL Group. Hengxin Financial Leasing will rely on the strength of shareholders in green energy and related industries, deeply cultivate three core industries with leading advantages, namely, new energy and clean energy, equipment manufacturing and infrastructure, effectively respond to the national strategy of building a green financial system with innovative models and steady performance, actively explore and lay out areas of livelihood projects such as municipal construction, education and medical care, provide distinctive and differentiated financial products, and create a benchmark for financial leasing combining green finance with production and leasing. Hengxin Financial Leasing has built a photovoltaic industry chain+a financial industry chain. Combined with the new investment leasing model of platform company, Unicom supply chain and project parties provide financial services, reduce the cost of power stations and connect with high-quality project resources.