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, which is the only domestic financial leasing company focused on the integrated circuit industry. SICL is led by China Integrated Circuit Industry Investment Fund (referred to as ICF), and its shareholders include leading domestic integrated circuit and semiconductor companies, local state-owned enterprises in the integrated circuit industry clusters and professional investment institutions, which has strong industrial and financial resource integration advantages. SICL now boasts of 13.209 billion RMB of registered capital, ranking No.3 in the industry. As a successful example of ownership reform that saw the introduction of private capital into the capital structure to better serve the real economy, SICL is growing steadily into a comprehensive financial services platform, addressing “manufacturing needs with investment and financing”, to effectively serve strategic and emerging industries, with a focus on the IC industry.
Since the inception, SICL has always adhered to the original intention of serving the development of the industry, and worked closely with ICF in accordance with the National Outline for Integrated Circuits Industry Development and Promotion, combining industry characteristics and customer needs, and striving to give full play to the advantages of lease business, actively explore innovative financial services. SICL has accumulated rich service experience in multiple sectors such as integrated circuits, semiconductors, and strategic emerging industries. SICL 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, YMTC, UNISOC, JCET, AMEC, PIOTECH and a number of other industry leaders and projects. By the end of 2021, SICL’s total assets was nearly 61.5 billion RMB, with a cumulative investment of 128.9 billion RMB. More than 70% of the funds were invested in the integrated circuit and semiconductor fields.
SICL enjoys a good credit rating and rich and stable financing channels. Since 2018, CCX International has rated SICL’s main credit rating as AAA, and the rating outlook is stable. In recent years, SICL has successively issued a variety of debt instruments such as corporate bond, MTN, CP, and PPN, being granted 100 billion RMB in bank credit, which has been highly recognized by the financial market.
SICL is headquartered in Shanghai. In order to make better use of the policy advantages and to provide efficient and high-quality services to industrial customers, SICL has set up a number of subsidiaries in FTZs and IC clusters in mainland China and SINO Holdings Limited, overseas business headquarters, in Hong Kong, forming an international service network.
Looking ahead, SICL will stay true to our original aspiration and mission. SICL is committed to providing more professional, high-quality and diversified comprehensive financial services to customers in all links of the industry chain.