CCB (00939): CCB Financial Leasing Plans to Inject RMB 3 Billion into CCB Aviation & Marine

Stock News
09/04

CCB (00939) announced that its wholly-owned subsidiary CCB Financial Leasing Co., Ltd. (CCB Financial Leasing) plans to inject RMB 3 billion of its own funds into CCB Aviation & Marine Financial Leasing Co., Ltd. (CCB Aviation & Marine). Following this capital injection, CCB Aviation & Marine will continue to be a wholly-owned subsidiary of CCB Financial Leasing.

CCB Aviation & Marine is a wholly-owned subsidiary established by CCB Financial Leasing in Hong Kong. Its primary business scope includes aircraft and vessel financing lease operations, as well as the transfer and acquisition of aircraft and vessel financing lease assets.

This capital injection by CCB Financial Leasing into CCB Aviation & Marine aims to meet regulatory requirements for capital adequacy ratios. The move will help strengthen the specialized subsidiary's risk mitigation capabilities and further enhance its support for the group's strategic objectives.

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