On September 27, 2017, Kaiwo New Energy Automobile Group Co., Ltd. (hereinafter referred to as “Kaiwo Group”) and Bank of China Financial Leasing Co., Ltd. (hereinafter referred to as “Guo Bank Leasing”) signed a strategic cooperation agreement with Shenzhen Skyworth Semiconductor Building. . Chairman of the Kaiwo Group Huang Hongsheng and Vice President of Bank of China Leasing Aiyang attended the signing ceremony and signed the company on behalf of the company. In the next five years, the two parties will cooperate in the funding needs of the Kaiwo Group and its subsidiaries, the sales of all models of the Kaiwo Group, and the matching fund needs of Kaiwo Finance (financial leasing companies and supply chain companies). The signing of this strategic cooperation agreement marks the beginning of comprehensive strategic cooperation in the field of new energy vehicles by both parties making full use of their own advantages.
The two sides will take this as a starting point, strengthen the sharing of information resources, optimize and innovate cooperation models based on the principle of honesty and efficiency, and gradually compose a new chapter of complementary advantages and win-win cooperation, and jointly contribute to serving the country's new energy development strategy.
Under the leadership of Chairman Huang Hongsheng, Kaiwo Group has experienced several years of research and development, and has grown from a well-known foundry to a leader in the new energy bus industry. In 2017, Kaiwo Group will pursue the new energy passenger vehicle market with a victory. It will gradually realize an annual output of 200,000 new energy vehicles, generating an output value of 20 billion yuan, and profits and taxes exceeding 2 billion yuan, driving the formation of a new energy supply chain of 100 billion yuan. It ranks among the mainstream integrated manufacturers of domestic new energy vehicles.
Bank of China Leasing is a non-bank financial institution regulated by the China Banking Regulatory Commission and controlled by the China Development Bank. The registered place is located in Shenzhen. The company has been in existence for more than 30 years since its establishment in 1984 and is one of the oldest and most influential financial leasing companies in the country. The company was listed on the Hong Kong Stock Exchange in July 2016 and is the first financial leasing company listed in China. Bank of China Leasing adheres to the concept of innovation and development, and is committed to serving the real economy and supporting the transformation and upgrading of the industry. The business covers aviation, urban infrastructure, transportation infrastructure, energy infrastructure, ships, vehicles, construction machinery and other fields, covering more than 20 countries and regions around the world. In the context of the rapid development of China's leasing industry, Bank of China Leasing has maintained its leading position in the industry and is one of the highest financial institutions in China with international ratings.

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