[ET Net News Agency, 20 April 2018] CIMC Enric (03899) said it agreed to contribute
Rmb100 million in cash to CIMC Qianhai Financial Leasing (Shenzhen) Co., Ltd. in respect
of the capital increase.
Upon completion, CIMC Enric will hold 10% of shareholding in CIMC Qianhai.
CIMC Qianhai is a company established in the PRC in 2004 with limited liability and is
principally engaged in diversified leasing businesses, including container leasing which
mainly focuses on providing quality container services to customers; vessel leasing which
mainly focuses on providing one-stop services model of "technical+finance+service" in
accordance with different customers' needs; and financial leasing. (HL)