AIIB Commits US$100 million in CEL Infrastructure Investment Fund II

HONG KONG, Jul 5, 2022 – (ACN Newswire) – CEL Infrastructure Investment Fund II ("Fund II"), a private equity fund sponsored and managed by China Everbright Limited ("CEL", stock code: 165.HK) has made significant progress in fundraising. On June 29, 2022, Asian Infrastructure Investment Bank ("AIIB") approved to commit of US$100 million including up to US$25 million co-investment sleeve in Fund II. AIIB is a multilateral development bank with 105 members from all over the world. Its vision is to finance "Infrastructure for Tomorrow" with sustainability at its core. AIIB is committed to unlocking new capital and investing in green, technology-enabled and cross-border connectivity infrastructure to promote sustainable economic development and regional connectivity in Asia and around the world. This will be the first time funds managed by CEL have raised capital from a multilateral development bank, marking a new stage of internationalization, professionalization and marketization for CEL. Fund II will focus on climate finance and ESG investing, and will introduce ESG investment, management, assessment and evaluation policy with international standards in order to ensure that future investments will have real-world positive impacts on addressing climate change and improving the environment and society.

Overseas Infrastructure Investment Fund team (the "Team") is one of the major teams under CEL pursuing overseas investment. Everbright Overseas Infrastructure Investment Fund L.P. ("Fund I"), established and managed by the Team, deployed more than US$450 million in infrastructure assets in Europe, Southeast Asia and Hong Kong SAR. Fund I, now at its harvest period, has achieved outstanding performance amongst its peers with distribution to paid-in capital over 1.0x. The Team is raising Fund II with a target size of US$600 million, focusing on green and low carbon themes. Fund II will primarily invest in renewable energy, new infrastructure and logistics projects in Southeast Asia and some other Asian countries. Fund II is expected to have its first closing within 2022.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Nomination Opens for “Directors Of The Year Awards 2022”

HONG KONG, Jun 22, 2022 – (ACN Newswire) – The "Directors Of The Year Awards 2022" organised by The Hong Kong Institute of Directors ("HKIoD") is open for nomination now. Themed "From Resilience to Sustainability", the Awards this year recognises directors and boards capable of leading their companies in adapting to changes and, with outstanding governance thinking and practical strategies skills, taking their companies towards sustainable development in the ever-changing business environment.

Dr Christopher To, Chairman of HKIoD, said, "Leadership in crisis calls for the ability to rethink and redefine some long-standing values or structure, and also the courage and strength to brave the uphill. In the at large uncertain environment now, we must keep learning, evolving, adapting and changing, to make sure the 'new normal' is a 'better normal'. Marking HKIoD's 25th Anniversary, this year's award is themed 'From Resilience to Sustainability', reflective of what we have learnt over the years. Resilience is the most important quality a company needs to survive in the ever-changing world and sustainability is the ultimate goal of every company. I hope all of you can nominate directors and boards standing out in these two aspects, that we may take as examples to inspire all in the business sector to excel."

Mr Richard Ho, Chairman of 2022 Directors Awards Organising Committee, said, "When discussing the award theme this year, the Committee thought though the global scene is still unpredictable and challenging, it has become clearer. Thus, we decided to have 'From Resilience to Sustainability' as the theme easier to grasp. We hope to commend those outstanding leaders who braved the challenges from the pandemic and helped their companies achieve good results, and also to remind those in different sectors to set their eyes on long-term strategy and advance towards their sustainable development goal."

Dr Carlye Tsui, CEO of HKIoD, said, "All of us, companies or individuals, have gotten used to staying clam in the turbulent environment. With our feet firmly on the ground, it is time that we head again towards our long-term targets. Directors, as leaders of a company, should be sensitive at all times to changes in the market and plan the 'next step' to take. For example, Web3.0 is the latest and a major trend likely to bring revolutionary changes in the near future to all of us. Business leaders who do not have a good understanding of it might just miss the opportunities that come with it. Offering diverse and innovative courses, HKIoD helps members refresh what has been learnt and acquire new knowledge, so that they may be ready any time to take their companies forward."

Nomination for the Awards will close on 1 August 2022. On the Judging Panel are business leaders, professionals and regulatory body representatives in Hong Kong. The Directors Of The Year Awards 2022 recognise excellence in the following categories:

Company Categories / Director Categories
1. Listed Companies / 1. Executive Directors
2. Non-Listed Companies / 2. Non-Executive Directors
3. Statutory/Non-Profit-Distributing Organisations* / 3. Boards
Notes: *A non-profit-distributing organisation is defined as an organisation which profits are not distributed to its shareholders, members, directors, employees or any other persons, and with objectives including, but not limited to, charitable welfare, social service, health and medical care, education, research, trade and industrial alliance, professional advancement, self-help support, etc.

The selection criteria for winners in the Individual Director Categories include: successful pursuit of strategic corporate business/non-profit functions, contribution to board effectiveness in strategic planning and monitoring of performance, implementing compliance, risk control and accountability measures, managing change and succession, and leadership and other attributes and qualities, including keen at continuing professional development, business ethics and other achievements. As for the Collective Board Categories, the judging criteria include: board composition, effectiveness in pursuing strategic corporate/non-profit functions, development and execution of strategic plans and monitoring of performance, implementing compliance, risk control and accountability measures, managing change and succession, development of the board, effectiveness of board committees, business ethics and other achievements.

The Awards nomination form and related information are available on The Hong Kong Institute of Directors website www.hkiod.com.

About Directors Of The Year Awards
Launched in 2001, the Directors Of The Year Awards was the first of its kind organised in Asia. It is now an annual project of impact in the community. Its objectives are to recognise directors and board of directors for outstanding director practices and corporate governance, to publicise the significance of good corporate governance and to promote awareness of good corporate governance and director professionalism in Hong Kong. Nominations are open to the public. As good corporate governance is vital to all types of organisations, and professional practices from directors in all board roles are encouraged, the Awards recognise excellence in categories by company types, including listed companies, private companies and statutory/non-profit-distributing organisations, and categories by roles, including Executive Directors, Non-Executive Directors and Boards. For more details on the previous years' Awards, please visit http://www.hkiod.com/dya-awardees.html.

About The Hong Kong Institute of Directors
The Hong Kong Institute of Directors is Hong Kong's premier body representing directors to foster the long-term success of companies through advocacy and standards-setting in corporate governance and professional development for directors. A non-profit-distributing organisation with membership consisting of directors from listed and non-listed companies, HKIoD is committed to providing directors with educational programmes and information service and establishing an influential voice in representing directors. With international perspectives and a multi-cultural environment, HKIoD conducts business in biliteracy and trilingualism. Website: http://www.hkiod.com.

Media Enquiries:
Strategic Public Relations Group
Brenda Chan +852 2114 4396 brenda.chan@sprg.com.hk
Chak Yau +852 2114 4395 chak.yau@sprg.com.hk
Fax: +852 2114 4948

Directors Of The Year Awards 2022 Enquiries:
The Hong Kong Institute of Directors
Odessa So +852 2889 4988 odessa.so@hkiod.com
Joanne Yam +852 2889 1414 joanne.yam@hkiod.com
Fax: +852 2889 9982

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Asia’s Payments, E-Commerce & Banking Leaders to Gather Live Online in June, to Chart the Future of Commerce in the Region

Singapore, Jun 15, 2022 – (ACN Newswire) – Seamless Asia (www.terrapinn.com/virtual/seamless-asia/index.stm) returns live online this 22-23 June, gathering over 1,700 attendees virtually to explore the latest innovations in Asia across the payments, e-commerce and banking sectors.

"With digital payments in Asia forecast to exceed US$350 billion by 2026, e-commerce spending in Southeast Asia expected to reach US$180 billion by 2025 and more than 40 million new users joining the internet economy every year, there's never been a more exciting time in commerce," says Paul Clark, Managing Director – Asia for Terrapinn. "Over the last two years, these sectors have been at the forefront of innovation – now it's time to make sure they are positioning themselves for a post- pandemic era and securing their future growth. Seamless Asia offers them exactly that."

Seamless Asia will bring together over 100 expert speakers across six key content pillars: payments innovation, e-commerce strategy, online payments, e-commerce marketing, banking and financial inclusion. Attendees will enjoy free access to all sessions on the platform, and all sessions will be available for on-demand viewing for one month after the event, truly offering attendees a chance to fit the event around their own schedule. Speakers at the event include:

– Bonnie Mak, Head of eCommerce, Samsung
– Julian Foo, Head of Payments & Instore, ShopBack
– Theodora Lai, Chief Strategy Officer, Burpple
– Brad Jones, Chief Executive Officer, Wave Money
– Vrutika Mody, Head of Global Partnerships, GoPay
– Kannan Rajaratnam, Regional Director of Payments & Customer Operations, Zalora
– Jessica Lam, Chief Strategy Officer, WeLab
– Dmitry Bocharov, Chief Product Officer, BigPay
– Sarita Singh, Regional Head & Managing Director, Southeast Asia, Stripe
– Cecilia Chan, Head of Marketing Hong Kong, Carousell Group
– Dennis Valdes, President, Cebuana Lhuillier Bank
– Kristy Duncan, Founder & CEO, Women in Payments
– Arvie de Vera, Co-Founder & Chief Executive Officer, UnionDigital
– Loek Berendsen, Global Platform Strategy Leader, IKEA
– Esel de Sagun-Madrid, Head of Data Science & Advanced Analytics, Metrobank
– Karthick Chandrasekar, Head of Product & Commercial, Digital Payments Group, DBS Bank
– Sonal Kapoor, Senior Director, Flipkart
– Kell Jay Lim, Head of Grab Financial Group (FinTech), Grab
– Jean Thomas, Chief Marketing Officer, Pomelo Fashion
– Debbie Watkins, Chief Executive Officer & Co-Founder, LUCY

More than 30 sponsors, exhibitors & partners are supporting this year's virtual edition of Seamless Asia, including Title Sponsor Stripe, returning for the third year, Customer Retention Sponsor CleverTap and Platinum Sponsors Limelight Networks & Zendesk. All sponsors & exhibitors will be hosting a virtual booth on the platform for attendees to find out more about their products and services. Attendees will get a chance to interact directly with their teams.

Details of the two-days event are as follows:
Seamless Asia 2022
22-23 June 2022 | Virtual Free-to-Attend

About Terrapinn

Terrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you're looking to make new connections, introduce product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn – spark something.

Press attendance is complimentary. Enquiries should be directed to:
Jia Le Lim
Marketing Manager
Terrapinn Asia
jiale.lim@terrapinn.com

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Dah Sing Bank and Friends of the Earth (HK) Jointly Present: The SME ESG Best Practices Recognition Programme

HONG KONG, Jun 8, 2022 – (ACN Newswire) – Dah Sing Bank, Limited ("Dah Sing Bank") and Friends of the Earth (HK) have jointly launched the "SME ESG Best Practices Recognition Programme" ("the Programme") today. The Programme encourages SMEs to adopt best practices in environmental, social and governance (ESG), enhancing their competitiveness while achieving sustainable development. The major initiative at today's kick-off ceremony was the "Partnership Commitment Signing Ceremony" to mark the contribution to the realisation of the United Nations Sustainable Development Goals (UNSDG). The Programme is the first ESG Recognition Programme targeting SMEs in specific industries. It is also one of the highlights of Dah Sing Bank's 75th anniversary celebrations this year.

Ms. Phoebe Wong, Deputy Chief Executive, Senior Executive Director, Group Head of Personal Banking, Dah Sing Bank (right); Mr. Anthony Cheung, Board Governor & Green Finance Convenor, Friends of the Earth (HK) (left)

(Right to Left) Jude Chow, Deputy Chairman, FHKI; Simon Ng, CEO, BEC; Cheung Hau-wai , Chairman, HKGBC; Allen Shi, President, CMA; Anthony Cheung, Board Governor & Green Finance Convenor, FoE (HK); Phoebe Wong, Deputy Chief Executive, Senior Executive Director, Group Head of Personal Banking, Dah Sing Bank; Ophelia Lin, Founding President, SMESS; Michael Lai, Vice President, HKGCSMB; Andrew Kwok, Chairman, HKSME; Lotus Choi, Senior Manager, Corporate Communications, CIC

Kick-off ceremony

With sustainable development becoming a mainstream trend, it has become necessary for SMEs to implement ESG practices to stay relevant and competitive. The Programme aims to provide SMEs with industry-specific knowledge to help them recognise the relevance of ESG practices in their industry ecosystem. Through the use of an easy-to-understand assessment framework, the Programme aims to raise their ESG awareness, encourage them to make appropriate improvements and to implement ESG best practices to improve the sustainability of their business.

Ms. Phoebe Wong, Deputy Chief Executive, Senior Executive Director, Group Head of Personal Banking of Dah Sing Bank, said, "Our Bank is committed to supporting SMEs. We want to help SMEs in their transition to a sustainable economy by enhancing their competitiveness and ability to embrace new challenges and opportunities. With ESG becoming a global mainstream agenda, large corporations in various sectors are already leading the way to implement sustainable practices. SMEs must act quickly to adapt to the changing business environment in order to maintain or even improve their competitiveness. Advocacy for sustainable economies and lifestyles and support for local SMEs are key focuses for us as we celebrate our 75th anniversary this year. Our collaboration with Friends of the Earth (HK) in this Programme aims to target SMEs with relatively less resources and knowhow in implementing ESG practices, and is intended to equip them with better understanding ESG trends that are relevant to their business operating models. To encourage more SMEs to embark on their transition towards sustainable growth, participants assessed to have made the most progress with the adoption of ESG best practices will be commended for their achievements."

As ESG issues of concern tend to be industry-specific, there are no generalised recommendations for SMEs from different industries. As such, the Programme has specially designed a series of industry forums, inviting captains of industries to share expertise, enabling SMEs to understand the ESG factors that are relevant to their industry ecosystems. In particular, the Programme leverages the UNSDGs as framework for evaluating the sustainable development strategies and policies of SMEs, including their ability to manage and promote sustainable development performance. If a certain level of improvement is attained within the specified period, the companies that uphold the best practices will be commended for their commitment and contribution. Furthermore, in order to encourage higher participation, all participants in the Programme and/or receiving recognition will be able to enjoy incentives offered by Dah Sing Bank, in the form of fee discounts and cash rebates. For details, please refer to the attached fact sheet.

Mr. Anthony Cheung, Board Governor and Green Finance Convenor of Friends of the Earth (HK), said, "We are honoured to cooperate with Dah Sing Bank to launch this best practices Programme as a means to further promote ESG to SMEs, so that everyone not only can practise ESG knowledge in business activities, but, more importantly, can better prepare for the new trends of green financing against ESG risks as soon as possible by joining the Programme".

He added, "Given the backdrop of immense macro-economic pressures and the ongoing impact of the pandemic at present, many SMEs are facing unprecedented external and internal challenges, including difficulties in securing orders, reducing costs, collecting payments and obtaining financing. Amid the ever-changing business environment, we believe now is the time for SMEs to review whether their existing operating models are in line with global long-term development strategies. Adopting the ESG agenda will help SMEs enhance their competitiveness and vitality in the face of adversity".

This year marks the 75th anniversary of Dah Sing Bank. A series of celebratory activities will be launched from June onwards to reach out to the community, SMEs and customers as well as to promote green lifestyles. Through these activities, the Bank hopes to thank and share its joy with the public and its customers, express its advocacy for sustainable lifestyles, and bring vitality to Hong Kong's communities and economy. For details, please visit the Bank's 75th anniversary webpage on http://www.dahsing.com/75Anniv/en.

About Dah Sing Bank
Dah Sing Bank, Limited ("Dah Sing Bank") is a wholly-owned subsidiary of Dah Sing Banking Group Limited (HKG:2356) which is listed on the Hong Kong Stock Exchange. Founded in Hong Kong 75 years ago, Dah Sing Bank has been providing quality banking products and services to our customers with a vision to be "The Local Bank with a Personal Touch". Over the years, Dah Sing Bank has been rigorous in delivering on our brand promise to grow with our customers in Hong Kong, the Greater Bay Area and beyond – "Together We Progress and Prosper". Building on our experience and solid foundation in the industry, Dah Sing Bank's scope of professional services now spans retail banking, private banking, business and commercial banking. Meanwhile, Dah Sing Bank is also making significant investments in our digital banking capabilities to stay abreast with smart banking developments in Hong Kong and to support financial inclusion at large.

In addition to its Hong Kong banking operations, Dah Sing Bank also has wholly-owned subsidiaries including Dah Sing Bank (China) Limited, Banco Comercial de Macau, S.A., and OK Finance Limited. It is also a strategic shareholder of Bank of Chongqing with a shareholding of about 13%. Dah Sing Bank and its subsidiaries now have around 70 operating locations in Hong Kong, Macau and Mainland China.

About Friends of the Earth (HK)
Friends of the Earth (HK), as a leading environmental advocate, focuses on protecting our local and regional environment, offers equitable solutions to help create environmentally sustainable public policies, business practices and community lifestyles and engages government, business and community to act responsibly. Friends of the Earth (HK) is dedicated to promote green finance and cultivate ESG talents to transition HK and Asia Pacific region into a carbon neutral economy. Friends of the Earth (HK) closely partners with SME associations in Hong Kong (with coverage >3,000 companies), as well as international associations (e.g., World Benchmarking Alliance), with strong access to ESG & green finance talents professionals in Hong Kong, through our CESGA alumni network.

Friends of the Earth (HK) launched the first Green Finance Roadmap of its kind in the APAC region in 2019. One of our key focus would be on building capacity for industry practitioners and general public towards green finance, and hence our events are centered around "Green Finance Connect Education Series". Examples include Sustainability Leadership Seminars, our Green Finance Symposium on ESG integration. We aim to work with all sectors of the community to build a sustainable society and environment.

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

BDO announces winners of the BDO ESG Awards 2022

HONG KONG, May 19, 2022 – (ACN Newswire) – BDO, the world's fifth largest accountancy network, today announced and honoured the winners of the fourth BDO ESG Awards (the "Awards"). This competition is widely supported by listed enterprises and this year's winners were selected from a pool of 90 nominations, all of which showcased excellence in ESG reporting and disclosure. The awardees were chosen by a prestigious and professional panel of judges in recognition of the outstanding sustainability initiatives they have implemented. Due to the COVID-19 pandemic, this year's BDO ESG Awards Presentation Ceremony was held online, with stakeholders and the general public invited to witness the efforts and achievements of the winning companies in relation to ESG reporting over the past year.

The virtual BDO ESG Awards ceremony 2022 is held to pay tribute to businesses with strong ESG commitment and outstanding ESG efforts.

Clement Chan, Managing Director of Assurance, BDO in Hong Kong (left) and Johnson Kong, Managing Director of Non-Assurance, BDO in Hong Kong (right).

Ricky Cheng, Director and Head of Risk Advisory, BDO in Hong Kong.

In response to rapid global warming, companies should fulfil their corporate responsibilities and implement measures to reduce carbon emissions and greenhouse gases generated from business activities, thus realising a long-term net zero emission business model. This year, the Theme Award adopts the theme of "Carbon Neutrality", and in 2021 BDO International launched the BDO Sustainability Movement, promising to achieve net zero greenhouse gas emissions by 2050. All BDO offices are working together to fulfil this commitment and to avoid adverse impacts on the planet. BDO also aims to recognise companies that have achieved net zero emissions and have performed well in all aspects of carbon reduction (see the full list below).

Dr Carlye Tsui BBS MBE JP, Chairman of the Judging Panel of the "Best in Reporting Awards" and Chief Executive Officer of The Hong Kong Institute of Directors, said, "ESG adoption is driven by board leadership, corporate culture and staff action together. ESG reporting serves to convey the company's values and contribution to the stakeholders. I am pleased with the entries of high standards and the awarded report of excellence. The awards project is once again laudable in promoting sustainability."

Dr William Yu, Chairman of the Judging Panel of the "Best in ESG Awards" and Founder and Chief Executive Officer of World Green Organisation, said, "As we know ESG is currently the spotlight of the market, it's good to see how award participants are addressing business precedents in their reports and preparing for TCFD frame work so as to address the primaries. Being a board member, I will encourage active participation as it is equally important. Overall, I'm delighted to see BDO continues the determination to bring a positive impact to the society.

Ms Karen Ho, Chairman of the Judging Panel of the "Theme Award" and Head of Corporate and Community Sustainability, WWF-Hong Kong, said, "Thanks to BDO for organising this ESG "Theme Award" with focus on carbon neutrality. We are at a defining moment in the fight to tackle climate change, to limit warming to 1.5 degree Celsius and avoid the most catastrophic impacts for people and nature. The corporate sector has a central role to play by rapidly reducing your emissions in line with climate science. Companies must work with your supply chain, customers, investors, regulators and civil society to take decisive actions for sustainability."

Mr Clement Chan, MH JP, Managing Director of Assurance, BDO in Hong Kong, said, "The BDO ESG Awards has entered its fourth year. We aim to continue encouraging listed companies to raise their awareness of social responsibility and sustainable development initiatives. 2022 is a challenging year, with each company needing to find ways to reinvent itself to maintain operations as the epidemic rages on. We are pleased to see many old friends, as well as some new faces, participating in this year's Awards, demonstrating their continuous efforts and outstanding achievements in ESG. As this year's Awards has adopted the theme of "Carbon Neutrality", we are also happy to see many companies showcasing their efforts to achieve net zero emissions through carbon reduction, in addition to incorporating this goal into their long-term business model. BDO as part of the Net Zero Financial Service Providers Alliance, has committed to supporting the goal of global net zero greenhouse gas emissions by 2050.

Mr Johnson Kong, Managing Director of Non-Assurance, BDO in Hong Kong, said, "We received nearly 90 nominations for this year's Awards. On behalf of BDO, I would like to express our sincere gratitude to the judges, media partners and supporting organisations for making this year's Awards possible. I would also like to thank all participating companies. We are excited to witness their achievements and continuous growth in the area of ESG. Affected by the pandemic, we have shifted the award presentation ceremony to an online mode for two consecutive years. We look forward to meeting you next year to share the joy and witness the achievements of the winning companies together." Going forward, we at BDO will continue to offer support to Hong Kong listed companies, help them raise ESG standards and performance and in turn promote the overall development of ESG in Hong Kong."

Mr Ricky Cheng, Director and Head of Risk Advisory, BDO in Hong Kong, said, "As a keen advocate for continuous enhancements in ESG, we are delighted to see more and more listed companies committing to raising the quality of ESG practices and disclosure. With the increasing standard of ESG reporting and the outstanding performance of the participating companies, competition was intense for this year's 'ESG Report of the Year Awards', making it extremely difficult for the judges to select the winners. We would like to thank the judges who have applied their expertise and experience in the judging process to ensure the Awards are credible and representative. To capitalise on this trend, BDO will spare no efforts to increase ESG engagement, thereby further strengthening Hong Kong's leading position as an International Financial Centre."

BDO ESG Awards 2022 Winners (listed in alphabetical order)

Best in ESG – Large Cap
CLP Holdings Limited (002.HK)
New World Development Company Limited (017.HK)
The Hong Kong and China Gas Company Limited (003.HK)

Best in ESG – Mid Cap
COSCO SHIPPING Ports Limited (1199.HK)
Kerry Properties Limited (683.HK)
Xinyi Energy Holdings Limited (3868.HK)

Best in ESG – Small Cap
China Everbright Greentech Limited (1257.HK)
Miramar Hotel and Investment Company Limited (071.HK)
Sunlight Real Estate Investment Trust (435.HK)

Best in ESG – GEM
Allied Sustainability and Environmental Consultants Group Limited (8320.HK)
Roma Group Limited (8072.HK)

Best in Reporting – Large Cap
CLP Holdings Limited (002.HK)
Lenovo Group Limited (992.HK)
New World Development Company Limited (017.HK)

Best in Reporting – Mid Cap
China Everbright Environment Group Limited (257.HK)
China Power International Development Limited (2380.HK)
Kerry Properties Limited (683.HK)

Best in Reporting – Small Cap
China Everbright Greentech Limited (1257.HK)
Miramar Hotel and Investment Company Limited (071.HK)
Tai Hing Group Holdings Limited (6811.HK)

Best in Reporting – GEM
Allied Sustainability and Environmental Consultants Group Limited (8320.HK)
Roma Group Limited (8072.HK)

ESG Report of the Year – Large Cap
CLP Holdings Limited (002.HK)

ESG Report of the Year – Mid Cap
Kerry Properties Limited (683.HK)

ESG Report of the Year – Small Cap
China Everbright Greentech Limited (1257.HK)

ESG Report of the Year – GEM
Allied Sustainability and Environmental Consultants Group Limited (8320.HK)

Theme Award
CLP Holdings Limited (002.HK)

About BDO
BDO's global organisation extends across 164 countries and territories, with more than 95,000 professionals working out of over 1,700 offices – and they're towards one goal: to provide our clients with exceptional service. BDO was established in Hong Kong in 1981 and is committed to facilitating the growth of businesses by advising the people behind them. BDO in Hong Kong provides an extensive range of professional services including assurance services, business services and outsourcing, risk advisory services, specialist advisory services and tax services. For more details, visit www.bdo.com.hk.

Contacts:
BDO in Hong Kong
Sala Lo
Senior Marketing Manager, BDO
Hong Kong
Tel +852 2218 3042
Mobile +852 9613 5175
salalo@bdo.com.hk

Heidi Lau
Marketing Manager, BDO
Hong Kong
Tel +852 2218 2325
Mobile +852 9285 4151
heidilau@bdo.com.hk

Strategic Financial Relations Limited
Heidi So
Tel +852 2864 4826
heidi.so@sprg.com.hk

Margret Lam
Tel +852 2114 4956
margaret.lam@sprg.com.hk

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

G20 urges World Bank to prepare FIF Establishment: Indrawati

Washington, Apr 21, 2022 – (ACN Newswire) – G20 members have urged the World Bank to immediately prepare for the establishment of the Financial Intermediary Fund (FIF), Finance Minister Sri Mulyani Indrawati stated. FIF should be formed immediately in the framework of pandemic preparedness and response (PPR) in the future, the minister emphasized.

Indonesian Finance Minister Sri Mulyani Indrawati met with World Bank Group President David Malpass at the G20's second meeting of the FMCBG in Washington D.C on Wednesday (April 20, 2022). Minister Indrawati and President Malpass discussed structural reforms and other steps toward a sustainable post-pandemic recovery.

"The (G20) presidency concluded that the World Bank should start exploring the process for developing and establishing FIF," Indrawati remarked at the second meeting of the G20 Finance Ministers and Central Banks Governors (FMCBG) press conference here on Thursday.

G20 members view FIF as being the most effective choice for new financial mechanisms, especially in preparing for other potential pandemics in future. Indrawati believes this is because the establishment of FIF is viewed as being able to overcome the financing gap in the health sector as had occurred during the current COVID-19 pandemic.

"Most (G20) members agree on the need for a new financial mechanism dedicated to addressing the financing gap in PPR," she stated, explaining that G20 members hope that the establishment of FIF would mitigate the health financing needs in line with the World Health Organization's (WHO's) expectations.

Moreover, G20 members called on the World Bank to explore discussions on the governance and operational regulations of FIF by involving the WHO. "There is widespread support for WHO and the World Bank regarding the assessment of significant financing gaps that need to be addressed," Indrawati remarked.

Earlier, on April 1, the Indonesian finance and health ministries resumed the third G20 Joint Finance and Health Task Force (JFHTF). At the meeting, JFHTF co-chair Wempi Saputra invited G20 member countries to draw up a financing action plan for pandemic preparedness and response (PPR).

"The third JFHTF meeting is an important step for all member countries in drafting the financing strategies for prevention, preparedness, and response to the pandemic or PPR," Saputra stated.

Meanwhile, one of the main agendas of Indonesia's G20 Presidency is global health architecture.

Written by Astrid H, Kenzu T, Editor: Suharto (c) ANTARA 2022

Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trintech Announces New Chief Human Resources Officer

DALLAS, TX, Apr 20, 2022 – (ACN Newswire) – Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced the appointment of Monna Nevils as Chief Human Resources Officer (CHRO) of Trintech. With a focus on employees, Nevils will help Trintech continue to build an engaged, inclusive, and high-performing culture. She will lead all aspects of human resources, including talent acquisition, learning and development, organizational development and effectiveness, compensation and benefits, diversity and inclusion programs, and benefit systems.

"Businesses don't create value; people do. Our employees are the heart of our business which is why I am thrilled to welcome Monna as our new CHRO focused on continuing to provide our employees with a great place to work and ways to grow and develop their careers," said Teresa Mackintosh, Chief Executive Officer of Trintech. "Monna's strong track record and rich experience in talent development and change management across teams will help us to ensure we continue to build an agile culture of inclusivity and personal growth for all, while attracting the talent to meet the evolving needs of our customers in this digital world."

Nevils joins the Trintech team with more than 20 years of experience holding global HR leadership roles spanning industries such as technology, real-estate, banking, and healthcare. She is a creative and innovative global human resources executive with experience in aligning the people function to the overall business strategy, developing and executing plans that amplify an inclusive, collaborative culture. Her broad experience includes M&A, change management, talent acquisition, succession planning, learning and development, performance management and total rewards. Prior to joining Trintech, Nevils was the VP, HR – Americas; Global HRBP, Product Marketing for Datalogic. She also served as the Chief Human Resources Officer for Behavioral Health Group (BHG). Nevils earned her MBA from the University of Houston and undergraduate degree in business from Lamar University. She is also a certified trainer and coach and has her Senior Professional in Human Resources (SPHR) certification.

"I am very excited to be joining Trintech as the new CHRO to continue building upon the strong foundation of practices Trintech already has in place today," said Monna Nevils, Chief Human Resources Officer of Trintech. "It is evident to me that Trintech prioritizes a customer and people-centric culture and passion for innovation, and I look forward to partnering with the team to develop a progressive and aligned global HR strategy to support an environment where talent and culture continue to be a foundational and driving factor in the success of Trintech."

Trintech has most recently been named a Dallas/Fort Worth "Best and Brightest Companies to Work For(R)" 2022 Elite Award Winner by the National Association for Business Resources. Interested in joining our team? Check out our open positions here. https://www.trintech.com/careers/

About Trintech

Trintech Inc., a leading global provider of cloud-based financial close solutions for the Office of Finance, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure and fiduciary reporting and bank fee analysis, to governance, risk and compliance – Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide – including the majority of the Fortune 100 – rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.

Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.

Media Contact:
Kelli Shoevlin
Sr. Manager, Global Corporate Marketing & Communications
kelli.shoevlin@trintech.com

SOURCE: Trintech, Inc.

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TEC case study on the Future of Work: Standard Chartered Bank found that around 75% of their employees wanted greater workplace flexibility

HONG KONG, Sep 2, 2021 – (ACN Newswire) – The office of the future must be an inspiring physical space that facilitates communication, cooperation and collaboration in order to encourage employees to come into the office, according to the latest case study by The Executive Centre ("TEC"), the leading premium flexible workspace and Standard Chartered Bank.

Modern technology and globalised communication systems have allowed us to become a more agile and mobile workforce, and these trends have accelerated with the COVID-19 pandemic. The workforce culture today is increasingly championing flexible working practices as the Future of Work. Standard Chartered Bank is leading the shift for multinational corporates towards adopting a flexible work culture through an extensive review and analysis of their portfolio and employee needs.

Sheridan Perkins, Property Program Director of Future Workplace, Now at Standard Chartered Bank said, "Initially, we assumed maybe 50% of our employees wanted Flex, but actually from our survey we found that over 75% wanted it. Typically, this was 2-3 days at home and 2-3 days at the office or a third space. Despite some regional nuances, this finding was reasonably consistent across all regions."

The case study reviews the learnings from Standard Chartered Bank's exercise and provides a roadmap for other organisations that realise the value of flexibility but find it challenging to create an architecture to empower change.

One of the key learnings is that for companies to successfully transition towards flexible working practices, they need to understand their business requirements and priorities first, as there is no one-size-fits-all solution. They must also interview and collaborate with their employees extensively, conduct research to make informed decisions, seek external consultations from multiple industry partners, and understand where their operations need to be geographically and how the occupants will use that space. While the company approach must be tailored, there were three factors that all companies should consider in their workplace strategy: Physical, Digital and Social.

— Physical transformation: As people will be coming into the workplace to perform activities that they cannot do at home, office design will become one that facilitates communication, cooperation and collaboration.
— Digital transformation: With an increasing demand to work flexibly and remotely, technology and digitalisation of workflows will play a pivotal role in enabling day to day productivity.
— Social transformation: As the office will become a place where employees choose to work from, greater incentives will be needed to attract people into the office.

For its Greater Bay Area location, Standard Chartered Bank realised it required private office spaces and
meeting rooms in a CBD location which would allow for multiple business units to operate, and a flexibility to scale up or down as their business needs changed. The Executive Centre's flexible workspace solution gave them the ability to mitigate their risks and reduce costs while remaining in the heart of Guangzhou's central business district.

"As a solution, flexible workspaces provide ready to use, fully furnished and serviced workspaces for the headcount that's needed at hand. This ability to scale up or down or move locations at relatively short notice is a highly intelligent way for companies to address their workspace requirements," said Paul Salnikow, Founder & CEO of The Executive Centre.

Shelley Boland, Head of Property Asia Pacific, Standard Chartered Bank added, "The talent of the future are expecting flex; whether that's flexible work hours or locations. Successful adopters of flex will be those that have the foresight to model and visualise how workplace changes may affect business outcomes, operations and employees, and be agile enough to constantly evolve their workspace to those needs. We see flexible office spaces playing a greater role in that strategy."

See the full case study from the below link for more insights and best practices from Standard Chartered Bank and The Executive Centre's Future of Work collaboration.

https://tinyurl.com/3vkbezyn

About The Executive Centre
The Executive Centre (TEC) opened its doors in Hong Kong in 1994 and today boasts over 150+ centres in 32 cities and 14 markets. It is the third largest serviced office business in Asia with annual turnover in excess of US$237 million.

The Executive Centre caters to ambitious professionals and industry leaders looking for more than just an office space – they are looking for a place for their organisation to thrive. TEC has cultivated an environment designed for success with a global network spanning Greater China, Southeast Asia, North Asia, India, Sri Lanka, the Middle East, and Australia, with sights to go further and grow faster. Each Executive Centre offers a prestigious address with the advanced infrastructure to pre-empt, meet, and exceed the needs of its Members. Walking with Members through every milestone and achievement, The Executive Centre empowers ambitious professionals and organisations to succeed.

Privately owned and headquartered in Hong Kong, TEC provides first class Private and Shared Workspaces, Business Concierge Services, and Meeting & Conference facilities to suit any business' needs.

For more information please visit www.executivecentre.com

Press Enquiries

Finsbury Glover Hering
Sheena Shah / Crystal Chow
Sheena.Shah@fgh.com / +852 3166 9855
Crystal.Chow@fgh.com / +852 3166 9838

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Xfers & SEBA Bank Named Finalists for Global CBDC Challenge organised by the Monetary Authority of Singapore

SINGAPORE, Sep 1, 2021 – (ACN Newswire) – Xfers, a Southeast Asia based payments leader holding a Major Payment Institution (MPI) license for e-money issuance, together with its partner, SEBA Bank, a FINMA licensed Swiss Bank providing a seamless, secure, and easy-to-use bridge between digital and traditional assets, today announced that they have been named among the 15 finalists for the Global Central Bank Digital Currency (CBDC) Challenge organised by the Monetary Authority of Singapore (MAS).

Launched by the Monetary Authority of Singapore and in partnership with the International Monetary Fund, World Bank, Asian Development Bank, United Nations Capital Development Fund, United Nations High Commission for Refugees, United Nations Development Programme, and the Organisation for Economic Co-operation and Development (OECD), the Global CBDC Challenge calls for FinTech companies, financial institutions and solution providers around the world to submit innovative retail CBDC solutions to enhance payment efficiencies and promote financial inclusion.

The joint proposal submitted by Xfers and SEBA Bank was shortlisted from over 300 applications representing over 50 countries and will be presented to the public and a panel of judges at the Singapore Fintech Festival on November 8th, 2021.

Launched in October 2020, StraitsX by Xfers is the first stablecoin initiative focusing on Southeast Asia and issues the StraitsX Singapore dollar, XSGD, a digital token available on the Ethereum and Zilliqa blockchain that is backed one-for-one with the Singapore dollar.

Aymeric Salley, Head of StraitsX, said, "We are delighted to be named finalists for the CBDC challenge by the MAS. We look forward to continuing leveraging our experience as Singapore's first stablecoin issuer, and working closely with our partner, SEBA Bank, which comes with a wealth of expertise and practical experience in developing CBDCs, having just completed a CBDC experiment with Banque de France in June this year."

Founded in 2018, SEBA Bank is a fully licensed FINMA banking and securities dealer. In June this year, SEBA Bank completed a successful CBDC experiment with the Banque de France, which demonstrated the capacity of distributed ledger technologies to communicate with the Eurosystem's settlement platform TARGET2-Securities for the settlement of listed securities. This testing is an important contribution towards the development of an EU wide CBDC.

Matthew Alexander, Head of Digital Corporate Finance & Asset Tokenisation SEBA Bank, commented, "We are thrilled to have been selected by the MAS for this CBDC challenge amongst such a prestigious group of institutions. We look forward to working with our partner Xfers and contributing both our Digital Asset capabilities and recent experience working with the Banque de France CBDC to support the MAS and the Singapore financial centre. At SEBA Bank, we are constantly striving for innovation in the development of digital currencies and digital asset infrastructure. This selection, alongside our partners Xfers, by MAS as a finalist in the CBDC challenge, is a significant validation of our innovation in the development of digital currencies, and builds on our work supporting the Banque de France in CBDC testing. The shortlisting by MAS is testament to SEBA Bank's extensive network and operations in APAC, with the recent appointment of Sam Lin as APAC CEO, and headcount growth in our Singapore and Hong Kong hubs, further solidifying our presence in the region."

About StraitsX by Xfers

StraitsX is the pioneering payments infrastructure for the digital assets space in Southeast Asia developed by Singapore-based FinTech Xfers, which is a Major Payment Institution licensed by the Monetary Authority of Singapore for e-money issuance. StraitsX offers personal and business accounts to deposit, hold and withdraw funds as well as to connect their accounts to digital asset platforms. Business accounts can also access B2B API-enabled payments rails for digital asset platforms and issues the Singapore Dollar-backed stablecoin, XSGD.

About SEBA Bank – The Future of Digital Banking, Investing & Financing

Founded in April 2018 and headquartered in Zug, SEBA Bank is a pioneer in the financial industry and the only global smart bank providing a fully universal suite of regulated banking services in the emerging digital economy. In August 2019, SEBA Bank received a Swiss banking and securities dealer licence – the first time a reputed, regulatory authority such as FINMA has granted a licence to a financial services provider with a core capability in digital assets. The broad, vertically integrated spectrum of services combined with the highest security standards, make SEBA Bank's value proposition unique – this is why Banque de France selected SEBA Bank to test the integration of Central Bank Digital Currency (CBDC). CVVC Global Report and CB Insights named SEBA Bank as Top 50 Companies within the blockchain ecosystem. Aite Group awarded SEBA Bank with their 2021 Digital Wealth Management Impact Innovation Award in the category "Digital Startup of the Year". For more information please visit seba.swiss.

For media queries
PRecious Communications for Xfers
xfers@preciouscomms.com

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CDB Leasing Announces 2021 Interim Results

HONG KONG, Aug 30, 2021 – (ACN Newswire) – China Development Bank Financial Leasing Co., Ltd. ( "CDB Leasing" or "the Company"; stock code: 1606.HK) announces its interim results ended June 30, 2021 (the "Reporting Period").

Results Highlight:
For the six months ended June 30, 2021:
— Total lease financing to lessees amounted to RMB57.1 billion, representing an increase of 12% YOY;
— Net profit reached RMB1.8 billion, representing an increase of 46.2% YOY;
— Total revenue and other income was RMB10.4 billion, representing an increase of 8.6% YOY;
— Total assets reached RMB311.52 billion, representing an increase of 2.7% as compared with that as of the end of last year;
— Return on average equity was 13.33%, representing an increase of 3.5 percentage points as compared with that for the same period of last year;
— Non-performing asset ratio was 0.78%, representing a decrease of 0.02 percentage point compared with that as at the end of last year;
— Continue to maintain high credit ratings, "A1" by Moody's, "A" by Standard & Poor's and "A+" by Fitch.

In the first half of 2021, CDB Leasing maintained strategic determination, strengthened responsibility, adhered to new development concepts, steadily promoted high-quality development, and achieved good results in business investment, risk prevention and control, internal management, etc. During the Reporting Period, the Company's total revenue and other income was RMB10.4 billion, representing an increase of 8.6% YOY; net profit amounted to RMB1.8 billion, representing an increase of 46.2% YOY, primarily due to 1) the growth in total leased assets resulting from the increase in financing to lessees, 2) the substantial year-on-year increase in revenue from ship operating lease business, 3) the decline in the rate of financing cost of US dollars, 4) the year-on-year decrease in impairment losses this year as COVID-19 pandemic was under control in China.

During the Reporting Period, CDB Leasing strengthened the customer-centric business development model to improve the quality and efficiency of business development. The Company deepened its research and analysis system, kept abreast of internal and external changes, sorted out and conducted analysis on factors affecting business operations and development opportunities to improve the foresight and effectiveness of business decisions. Based on the changes in business landscape and the characteristics of customer demand, the Company improved the customer management plans, improved active services, and ensured the implementation of project development. In the first half of 2021, the Company's leasing investment remained at the forefront of the industry, and its customer-centric model continued to yield good results.

Besides, CDB Leasing sped up the improvement of business development, increased the coverage of key strategic regions, and effectively served strategic emerging industries, green development, inclusive finance and other key fields. In the first half of 2021, the Company's business investment in key strategic regions such as the Yangtze River Economic Belt and Guangdong-Hong Kong-Macao Greater Bay Area increased by 16.7% YOY, accounting for 84.0% of its total investment. Its investment in strategic emerging industries grew by 15.8% YOY. CDB Leasing leveraged its advantages in leasing products to support green development and pollution prevention and help implement "carbon peak and neutrality" initiatives. As a result, its investment in the new energy sector increased by 52.6% YOY. The Company also followed the guidance of national policies to promote inclusive financial services. Its investment in construction machinery and commercial vehicles increased by 40.0% YOY, with more than 34,000 units of new equipment for lease being added. In addition, the Company accelerated the application of fintech, developed self-risk control models, built an intelligent management system, and promoted the transformation of the vehicle business to the passenger car terminal retail business to make new development in passenger car business.

In terms of the aviation business, CDB Leasing deeply analyzed the global air cargo market, and took the lead in promoting passenger-to-cargo conversions in the industry, thus reducing the pressure on the depreciation of old wide-body aircraft. Due to obvious economies of scale and strength, the Company has been able to leverage its aircraft leasing platform to work with existing and new airline customers and other industry stakeholders to support the sector's recovery, while strengthening the platform's capabilities and financial position to enable further growth and ensure sufficient liquidity for the future. During the Reporting Period, the Company signed new lease transactions for a total of 31 aircraft with 11 customers, sold 4 aircraft, added 3 new lessees and acquired 14 aircraft on operating lease. As at June 30, 2021, the total assets of the aircraft leasing segment amounted to RMB 81,648.3 million; total revenue and other income from the segment recorded RMB3,656.8 million.

As for Infrastructure leasing business, relying on China Development Bank's resources advantages in the infrastructure sector, the Company focused on key national strategic development regions such as the Yangtze River Economic Belt, Guangdong-Hong Kong-Macao Greater Bay Area and Beijing-Tianjin-Hebei region, implemented arrangements for "carbon peak and neutrality", stepped up support in the area of green and low carbon circular economy, facilitated the implementation of the domestic demand expansion strategy, and supported the development of green finance and the real economy, resulting in additional lease financing to lessees of RMB31,742.9 million during the Reporting Period, representing an increase of 9.5% YOY. As at June 30, 2021, the total assets of the infrastructure leasing segment amounted to RMB152,638.5 million, representing an increase of 12.2% compared with that as at the end of last year; total revenue and other income from the segment recorded RMB3,748.2 million, representing an increase of 19.4% YOY.

The profit contribution of ship leasing business increased substantially year on year. The Company further boosted the overall increase in new and second-hand bulk carriers to promote "domestic shipbuilding" and support the development of domestic shipbuilding enterprises based on the high-quality development concept. The remarkable profit contribution in the first half of the year proved how forward-looking and scientific the Company was to strategically develop ship operating lease business, and served as an affirmation of its enhanced professional capabilities in ship leasing business. On the one hand, the Company seized opportunities for cooperation with top clients and solidly developed ship finance leasing business; on the other hand, the Company strengthened industry research with a focus on the impact of COVID-19 pandemic on the development trends of the shipping market, and stepped up the efforts to develop ship operating lease business. During the Reporting Period, the number of decisions and contracts signed for the Company's ship operating lease business reached a record high. The Company successfully delivered 36 ships, including 13 newly built ships and 23 second-hand ships. As at June 30, 2021, the total assets of ship leasing segment amounted to RMB37,433.7 million, representing an increase of 9.5% as compared with that as at the end of last year; total revenue and other income from the segment reached RMB1,991.3 million, representing an increase of 122.2% YOY.

2021 marks the first year of the 14th Five-Year Plan for CDB Leasing's inclusive finance business. The Company, on the one hand, uphold the "market-oriented" and "professional" development concept, proactively improve the ability to serve the real economy with inclusive finance, and provide efficient and convenient financial leasing services to small, medium and micro customers; on the other hand, accelerate the stable development of the Company's inclusive finance business, build an inclusive finance system with "controllable risks, a considerable scale, strong professionalism, a prominent brand, and excellent assets", and vigorously promote the shift of inclusive finance business from traditional sectors to digital fields, so as to create another growth driver for the Company. During the Reporting Period, CDB Leasing further refined the business process management and constantly optimized and improved the business system, thus laying a solid foundation for the digital transformation of inclusive finance business. As at June 30, 2021, the total assets of the Company's inclusive finance business amounted to RMB29,997.6 million, representing an increase of 19.4% compared with that as at the end of last year; total revenue and other income from the segment reached RMB717.0 million, representing an increase of or 14.9% YOY.

Improve overall management of assets and liabilities; enhance the compliance and internal control system
During the Reporting Period, CDB Leasing has improved the overall management of assets and liabilities, and established a regular mechanism to control interest rate and exchange rate risks. The Company accelerated the issuance of financial bonds and revived existing assets through multiple channels, as well as formulated the Company's capital replenishment plan and continuously consolidated the foundation for business development. In the meantime, the Company strengthened risk control in key areas, enhanced the comprehensive system, and enhanced risk control capabilities. Specifically, the Company developed a list of customers and projects subject to risk warning and monitored it, accelerated risk mitigation for key projects, and maintained the overall stability of asset quality. Additionally, the Company insist on compliance principles to improve the compliance and internal control system.

Keep promoting IT system construction and consolidating information security foundation
During the Reporting Period, CDB Leasing continued to promote information system construction and data governance to consolidate the Company's information security foundation. On another hand, the Company developed intelligent data platform, core leasing business system, passenger car system and other relevant systems to support business development; as well as implemented regulatory requirements, reinforced data governance, thoroughly searched for deficiencies in data standards, and strengthened information and data security management; and further improved the Company's IT infrastructure and network security system.

According to the announcement, looking forward, CDB Leasing will balance the development relationship among scale, quality and efficiency, strengthen market analysis and judgment, track customer needs, seize business development opportunities, actively promote business innovation, and constantly enhance internal operation management. Meanwhile, it will continue to strengthen the risk and compliance management system, consolidate the business operation foundation, and pave the way for the Company's development during the 14th Five-Year Plan period.

About China Development Bank Financial Leasing Co., Ltd

China Development Bank Financial Leasing Co., Ltd. (stock code: 1606.HK; "CDB Leasing"), a national non-banking financial institution regulated by CBIRC, is the first listed financial leasing company in Mainland China and the sole leasing business platform and listing platform of China Development Bank. Its leasing assets and business partners reach throughout over 40 countries and regions around the globe. The Company enjoys relatively high international credit ratings, namely "A1" by Moody's, "A" by Standard & Poor's and "A+" by Fitch. Founded in 1984, CDB Leasing is a pioneer and a leader in the leasing industry in the PRC, and is in the first batch of leasing companies established in the PRC. Adhering to the mission of "leading China's leasing industry, serving the real economy", CDB Leasing is dedicated to providing comprehensive leasing services to high-quality customers in fields including aviation, infrastructure, shipping, inclusive finance, new energy and high-end equipment manufacturing.

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