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Leasing & Asset Mgmt

The Company’s Financial leasing business is operated by its controlled subsidiary Dazhong Financial Leasing. Dazhong Financial Leasing keeps focused on the market segments of “consumer finance and platform finance”, unswervingly pursuing transformation of business model. During the Reporting Period, its supply chain finance business grew rapidly, factoring business progressed steadily, and platform finance business made breakthroughs. Its asset management business is operated by Dazhong Asset Management, whose primary objective is steady capital deployment in asset management business. Shanghai Xiangyin Road Tunnel is a project invested in, built and operated by the Company using the Build-Operate-Transfer (“BOT”) model. The project has a remaining concession period of 5 years, now about to enter into the handover preparation period, and has been included in the asset management segment for overall management. In 2025, the annual total vehicular throughput of Shanghai Xiangyin Road Tunnel reached 25.00 million vehicle/times.

Major performance drivers: the Company focused on “consumer finance and platform finance” as two core directions and actively developed supply chain finance business; it established a presence in consumer installment credit business; strictly controlled its business risk red-line; actively expanded diverse business categories of asset management, followed the direction of Shanghai’s policies closely, kept concerned about urban renewal projects, and sought assets that generate stable cash flows.

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