Anti-epidemic Relief Measures

Since the outbreak of COVID-19 pandemic, BoCom Leasing has profoundly studied and comprehended the important instructions of General Secretary Xi Jinping on the prevention and control of the epidemic, taken the initiative to shoulder the responsibility, comprehensively implemented assistance to remove difficulties for enterprises, advanced the resumption of work and production in order, and ensured continuous financial services.

Finance is the lifeblood of the economy, and good financial support and guarantee are crucial to ensure the normal operation of Shanghai during the epidemic. At this special moment, BoCom Leasing comprehensively fulfills its responsibility as a state-owned financial enterprise in Shanghai, implements precise deployment, adheres to strict, meticulous and pragmatic arrangements, and ensures smooth, orderly and constant financial services while comprehensively protecting the health of employees at the same time.

Faced with the impact of the epidemic on the real economy, BoCom Leasing gave full play to its role as the main force of state-owned financial enterprises, did its utmost to support the enterprises on resumption of work and production, and provided them with timely financial support and services by ensuring the livelihood services and transportation of key areas including public transportation, fuel gas, electricity, water, shipping, aviation, railways. The Company also completed the key projects of 12 120,000-ton dual-fuel tankers in the innovative way of "cloud signing", the largest commercial ship order in the world at that time. At the same time of promoting the resumption of work and production of the shipping industry, the Company effectively served the dual circulation development pattern, in which domestic and overseas markets reinforce each other, with the domestic market as the main body, and won the "People and Corporate Social Responsibility Case Award of the Year" issued by the people.com.cn.

BoCom Leasing promptly responded to the call of the Party Central Committee and invested 3 projects of RMB 1.375 billion in Hubei, the most seriously affected area by the epidemic, and in the meantime fulfilled the decision-making and approval procedures of the Company within the shortest time, donated RMB 5 million to the Hubei Charity Federation and mobilized the strength of its overseas subsidiaries to assist in the prevention and control of the epidemic in Hubei. The majority of employees actively participated in donations and consumption of poverty alleviation activities to help farmers in Hubei area. The donation rate of party members and CBC donation private channel reached 100%, receiving a lot of appreciation letters from the Hubei Charity Federation, Waterborne Transport Research Institute of the Ministry of Communications, and China Institute of Navigation.