News Column

BYD Plans Operating Lease, Financing Lease Businesses

February 25, 2014



SHANGHAI, February 25, SinoCast -- BYD Company announces that the company and holding unit plan to launch operating lease and financing lease businesses hand in hand with lease firms with qualification.

Financing lease mainly adopts direct leasing by purchase of new equipment and own equipment sales and leaseback leasing.

The operating lease and financing lease business amount of BYD and the holding unit does not exceed CNY 9 billion. Net value of the own equipment does not exceed CNY 9 billion.




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Source: Sinocast Transportation Beat (China)


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