Recently, finance leasing companies and financial leasing companies have held mid-2022 work meetings one after another to review the development of the first half of the year and make a layout and outlook for the work in the second half of the year. In the face of the complex external environment in the first half of the year, many leasing companies resisted pressure and faced difficulties, and generally maintained a good momentum of stable development. Looking forward to the second half of the year, many companies will still adhere to the development strategy of seeking progress while maintaining stability, strengthen risk control and prevention, and continue to promote business transformation and development.
Meet difficulties and strive for progress while maintaining stability
In 2022, the economic and financial situation at home and abroad is complex, and the repeated impact of the epidemic is superimposed. From the perspective of the leasing industry, the overall growth rate of the industry has slowed down and the supervision has continued to tighten. Opportunities and challenges coexist in the financial leasing industry.
In the face of changes in the internal and external environment of the leasing industry, many leasing companies mentioned such keywords as "facing difficulties" and "seeking progress while maintaining stability" at the mid year work conference.
Mei Lin, Secretary of the Party committee of Hubei financial leasing and the proposed chairman of the board of directors, said at the working meeting in the first half of 2022 that "we will unswervingly promote steady growth. We will strengthen basic understanding, grasp project quality, leave safe space, expand capital profits, grasp the pace of progress, and enhance the sense of urgency." The relevant responsible person of CITIC financial leasing also mentioned "stability is the key, and progress is sought in stability" at the mid-2022 work meeting.
"In the first half of 2022, in the face of the complex, severe and uncertain internal and external environment, we always adhered to the '1 + 4' business strategy, took the initiative to adopt the development strategy of seeking progress while maintaining stability, faced difficulties, calmly responded, bravely made breakthroughs, and successfully completed the company's business objectives in the first half of 2022." Liu Fang, general manager of Sinopharm Holdings (China) Financial Leasing Co., Ltd., said this at the company's 2022 semi annual work conference.
From the statements of these leasing companies, we can see that in the face of the new development situation this year, stability has become the focus of development. The financial leasing industry has entered a new stage of development and has broad space for future development. In recent years, various financial leasing enterprises have made innovations, responded positively, made solid steps in professional development, and achieved remarkable results in improving quality and efficiency. Looking forward to the future, the financial leasing industry must still adhere to returning to the origin of leasing, adhere to the integration and symbiosis with the real economy, and work hard and diligently.
Each development strategy has its own emphasis
In the face of the new development situation, it has become the consensus of the leasing industry to find a new track and continue to promote high-quality transformation and development.
Innovation and transformation have become the focus of many company executives. For example, Mei Lin said that "we will unswervingly grasp transformation and development"; Yu Xiudong, President of CITIC financial leasing, mentioned "deepening business transformation and focusing on accelerating development"; Liu Fang said bluntly that Sinopharm's financial leasing is growing in the continuous evolution iteration. To maintain this continuous evolution iteration, we need to really operate close to the ground and understand customers, and more importantly, we need the whole company to maintain its innovation ability.
As for the business track, each company has its own development strategy in the second half of the year. For example, Hubei financial leasing promotes both traditional business and specialized business, focuses on both short-term and long-term goals, and actively arranges in three directions: new energy, vehicles and high-end equipment. Sinopharm holding financial leasing will continue to focus on the field of medical and health care. Private medical care, health manufacturing, science and technology innovation medical care and health and environmental protection, urban public use, medical logistics and medical education are all the directions of its subdivided business areas. It will deepen its industrial layout, continue to evolve iteratively, innovate and explore. Ping An leasing said that it would continue to improve its position in the industry by achieving its business objectives; At the same time, we will comprehensively promote digital transformation, adhere to the bottom line of risk, comprehensively improve operational efficiency, optimize process management, and reduce operational costs and risk costs around "digital operation, process transformation, and lean management".
Continue to strengthen risk prevention and control
At present, the overall operating risk of the financial leasing industry is within the controllable range, and the ability of financial leasing enterprises to resist risks is further enhanced. However, large and medium-sized financial leasing enterprises are under greater pressure on the asset side, and small and micro financial leasing enterprises are also under greater pressure on the capital side.
The recent China finance leasing industry development report cl100-2022 issued by the leasing industry working committee of the China Association of foreign funded enterprises also mentioned that in 2022, the epidemic had a great impact on the normal operation of finance leasing enterprises. In the face of the complex and severe domestic and international economic situation, China's finance leasing industry still faces great challenges.
In this context, the financial leasing industry needs to be more proactive in making forward-looking plans, effectively strengthen the prevention, control and resolution of financial risks, firmly adhere to the bottom line of risks, and constantly improve its ability to study, judge, analyze, warn and deal with risks.
CITIC financial leasing said that in the second half of the year, the company will continue to strengthen risk and compliance prevention and control, and keep the bottom line of safe development. Ping An leasing also emphasizes adhering to compliance management, keeping the bottom line of risk, and comprehensively ensuring the stability of the company's asset quality and management safety. Sinopharm holding financial leasing said that in the first half of 2022, despite the repeated epidemic and the aggravation of external risks, the company's risk control was dominated by stability, and various risks had been included in the control scope; In the second half of the year, the company will continue to adhere to the principle of "promoting the company's comprehensive risk work with business risk control", ensure business transformation in the promotion of comprehensive risk strategy, and achieve the company's risk management objectives.
