SINO IC LEASING Co., Ltd. (referred to as SINO IC LEASING or SICL) was incorporated in the Shanghai Free Trade Zone on August 27, 2015. It is the first domestic financial leasing company focused on the integrated circuit industry with a registered capital of 10.64994 billion yuan. The company is led by the National Integrated Circuit Industry Investment Fund (referred to as the "Grant fund"), and its shareholders include SMIC, Ziguang Group, Changdian Technology, BOE, GCL Group, Sanan Group and other leading domestic integrated circuit and semiconductor companies. Its shareholders also include professional investment institutions such as CDB International, Zhongyuan Yuzi Investment Holding Group, Shanghai Integrated Circuit Industry Investment Fund, Straits Semiconductors, and Shanghai Rongsheng, it has strong industrial and financial resource integration advantages.
Since its establishment, SINO IC LEASING has always adhered to the original intention of the development in the service industry, and worked closely with the National IC Industry Investment Fund in accordance with the direction of the National IC Industry Development Promotion Outline, combining industry characteristics and customer needs, and striving to give full play to the advantages of lease business, actively explore innovative financial services, and it has accumulated rich service experience in multiple sectors such as integrated circuits, semiconductors, and strategic emerging industries. It comprehensively uses different forms of local and foreign currency leases such as direct financial leases, sale-back leases, and operating leases, and uses commercial factoring and consulting methods to provide financial services for SMIC, Yangtze River Storage, Ziguang Zhanrui, and Changdian Technology , China Micro-Semiconductor, Shenyang Tuojing, and a number of other industry leaders and projects. As of the end of 2019, the company's total assets reached 51.4 billion yuan, with a cumulative investment of 82 billion yuan, and more than 70% of the funds were invested in the integrated circuit and semiconductor fields.
SINO IC LEASING enjoys a good credit rating and rich and stable financing channels. In 2018, CCX International rated SINO IC LEASING 's main credit rating as AAA, and its rating outlook is stable. In recent years, the company has successively issued a variety of debt instruments such as corporate bonds, mid-tickets, short-term financing, and PPN, and it has been granted 100 billion yuan in bank credit, which has been highly recognized by the financial market.
SINO IC LEASING is headquartered in Shanghai. In order to make better use of its policy advantages, it provides efficient and high-quality services to industrial customers. It has set up development areas in domestic free trade pilot zones and integrated circuit industry clusters. It has established 13 subsidiaries in Beijing, Tianjin, Liaoning, Henan, Shaanxi, Jiangsu, Zhejiang, Fujian, Guangdong, Hubei, Sichuan and other places, and set up overseas business headquarters SINO Holdings Limited in Hong Kong. In order to better integrate resources and give play to the advantages of investment and rent synergy, the company, together with Ziguang Group and Xinyihe Group, jointly launched the establishment of Zhongqing SINO Asset Management Company, forming an international service network based on local, multi-regional linkage, investment and rent synergy, and global radiation.
Looking to the future, SINO IC LEASING will continue to “Remain true to our original aspiration and keep our mission firmly in mind”. With the strong guidance of the National Integrated Circuit Industry Investment Fund and the strong support of government, industry, and financial institutions, we are committed to providing support for all links in the industry chain and provide more professional, high-quality and diversified comprehensive financial services customers.