Leasing&32;for&32;Manufacturers&32;Promotes&32;the&32;Development&32;of&32;New&32;Business&32;Models
Shanghai Electric Financial Leasing Co., Ltd. signed a cooperation agreement with the equipment manufacturers. A well-developed project operational framework was established featuring overall credit extension and manufacturer-provided buyback guarantees for each financial leasing contract. In this way, 600 projects were successfully implemented, which helped the manufacturer increase its sales by RMB 2.2 billion.