Excerpts: The qualified financial leasing companies are advocated to enter the waiting list of public listing either inside or outside China. The financial leasing companies are advocated to be listed at the New OTC Market or Haixia Equity Exchange. The qualified entrants may receive an award of no more than 300 thousand RMB as per relevant regulations.    

The foreign-funded financial leasing companies are advocated to borrow RMB or foreign currency funds within the spread between ten times the net assets and the risk assets as of the end of the previous year. The overseas borrowing of RMB or foreign currency funds by the financial leasing companies established within the Free Trade Zone should be placed under proportional self-disciplinary management based on a certain multiplier of the net assets.  

The financial leasing companies providing financial lease service to medium, small and micro enterprises in Fujian Province will receive a certain amount of compensation for risk, which should stand at 5‰ of the year’s incremental contractual value, up to 5 million RMB each company. The enterprises are advocated to carry out technology advancement programs, including equipment replacement. Such enterprises should be subsidized by the provincial financial authorities for 5% of the investment in the technology advancement programs (including technology and software), up to 5 million RMB each enterprise. In the event that a financial lease contract expressly transfers the ownership of leased fixed assets to the leasee enterprise upon the expiration of the contract, the leasee enterprise may be considered eligible for the subsidy policy for technology advancement as if the leasee enterprise has purchased the said fixed assets, with a cap of 5 million RMB on the subsidy.