JIC Leasing Shanghai recently successfully completed its first cross-border RMB leasing contract for a Kamsarmax bulk foreign trade carrier through a special purpose vehicle (SPV) established in the Lingang area of the Shanghai Pilot Free Trade Zone. This marks the company's first cross-border ship financial leasing project settled in RMB.

The transaction reflects JIC's active exploration of cross-border RMB leasing, empowering clients with professional solutions through a diverse range of cost-reducing, efficiency-enhancing leasing products. It also demonstrates the company's commitment to the development of China's modern marine industry, steadily expanding its coverage of shipping projects along the Belt and Road, and contributing Chinese strength to global shipping.