Haitong Unitrust International Financial Leasing : 2021 Interim Report

海通恆信國際融資租賃股份有限公司

Haitong Unitrust International Financial Leasing Co., Ltd.

(A joint stock company incorporated in the People's Republic of China with limited liability)

Stock Code: 1905

2021

Interim Report

C O N T E N T S

Company Profile	2
Corporate Information	3
Financial Summary	5
Chairman's Statement	9
Management Discussion and Analysis	12
Other Information	56
Definitions	62
Glossary of Technical Terms	65
Report on Review of Condensed
Consolidated Financial Statements	66

Haitong Unitrust International Financial Leasing Co., Ltd.

Company Profile

The Group is a large and steadily growing financial leasing company in China. As the sole leasing platform and one of the key strategic segments of Haitong Securities, a leading securities firm in China, the Company offers customer- oriented and comprehensive financial services to a diverse group of customers across various industries. The Company strives to become the financial leasing company that leads industry innovation with the characteristics of capital market.

The Group has been adhering to its role as a financial service provider of the real economy and has been grasping favorable opportunities arising from the major transformation of economy of China for many years. The Group has also pursued the operating strategies of "cross-border thinking, promoting innovative development, strengthening our capacity and grasping business opportunities". Based on its customer strategy of maintaining a balanced customer base, the Group has provided tailored services to a wide range of customers, including LMEs, MSE & retail customers. We have continued to provide comprehensive financial services to customers in transportation & logistics, industrial sector, infrastructure, construction, health care and other areas by implementing the best practices of investment banking and strengthening the collaboration with our parent company, financial institutions and business ecosystem partners. We have formed a competitive advantage with unique securities firm characteristics, including coordinated allocation of resources and assets and balanced growth of business scale and income.

Our headquarters is located in Shanghai and operates six specialized business departments, namely Public Services Department, Information and Environmental Protection Department, Construction Department, Health Care Business Department, Advanced Manufacturing Business Department and Asset Transaction and Structured Financing Department. We have also established 17 branches. Our branch network also encompasses a number of subsidiaries in areas including Hong Kong, Tianjin and Shanghai. Through implementing a "One Body, Two Wings" development strategy, we have expanded the geographical and customer coverage of our domestic and overseas business. As such, our local teams have been able to develop expertise that is most pertinent to the local market environments.

On June 3, 2019, the Company was successfully listed on the Main Board of the Hong Kong Stock Exchange and was the first listed securities-affiliated financial leasing company in China.

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Interim Report 2021

Corporate Information

BOARD OF DIRECTORS	REMUNERATION AND EVALUATION
Executive Directors	COMMITTEE OF THE BOARD
Mr. DING Xueqing (Chairman of the Board)	Mr. JIANG Yulin (Chairman)
Ms. ZHOU Jianli	Mr. WU Shukun
	Mr. YAO Feng
Non-executive Directors	Mr. ZENG Qingsheng
Mr. REN Peng
Ms. HA Erman	RISK MANAGEMENT COMMITTEE
Mr. LI Chuan	OF THE BOARD
Mr. WU Shukun	Mr. YAN Lixin (Chairman)
Mr. ZHANG Shaohua	Mr. DING Xueqing
	Mr. ZHANG Shaohua
Independent Non-executive Directors	Mr. YAO Feng
Mr. JIANG Yulin
Mr. YAO Feng	BOARD OF SUPERVISORS
Mr. ZENG Qingsheng	Ms. ZHOU Tao (Chairman)
Mr. WU Yat Wai	Mr. CHEN Xinji
Mr. YAN Lixin	Mr. HU Zhangming
AUDIT COMMITTEE OF THE BOARD	JOINT COMPANY SECRETARIES
Mr. ZENG Qingsheng (Chairman)	Mr. FU Da
Mr. ZHANG Shaohua	Ms. SO Shuk Yi Betty (ACG, ACS)
Mr. YAN Lixin
NOMINATION COMMITTEE OF	AUTHORIZED REPRESENTATIVES
Mr. DING Xueqing
THE BOARD	Ms. SO Shuk Yi Betty (ACG, ACS)
Mr. REN Peng (Chairman)
Mr. JIANG Yulin
Mr. WU Yat Wai

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Haitong Unitrust International Financial Leasing Co., Ltd.

Corporate Information

LEGAL ADVISORS

as to Hong Kong law Davis Polk & Wardwell

18th Floor, The Hong Kong Club Building 3A Chater Road

Hong Kong

as to PRC law

Jia Yuan Law Offices

F408, Ocean Plaza

158 Fuxing Men Nei Street, Xicheng District

Beijing

PRC

AUDITOR

Deloitte Touche Tohmatsu

(Deloitte Touche Tohmatsu Certified Public

• Accountants LLP and Deloitte Touche Tohmatsu)
• ("Deloitte Touche Tohmatsu")

Domestic Auditor

Deloitte Touche Tohmatsu Certified Public

• Accountants LLP 30th Floor, Bund Center 222 Yan'an Road East Shanghai, China

International Auditor

Deloitte Touche Tohmatsu

Registered Public Interest Entity Auditors

35/F, One Pacific Place

88 Queensway Hong Kong

H SHARE REGISTRAR

Computershare Hong Kong Investor Services Limited

Shops 1712-1716, 17th Floor

Hopewell Centre

183 Queen's Road East

Wanchai, Hong Kong

REGISTERED ADDRESS

No. 599 South Zhongshan Road

Huangpu District

Shanghai

PRC

HEADQUARTERS AND PRINCIPAL

  PLACE OF BUSINESS IN THE PRC

Haitong Unitrust Tower

No. 599 South Zhongshan Road

Huangpu District

Shanghai

PRC

PRINCIPAL PLACE OF BUSINESS IN   HONG KONG

40th Floor, Dah Sing Financial Centre

No. 248 Queen's Road East

Wanchai

Hong Kong

COMPANY'S WEBSITE

http://www.utfinancing.com

STOCK CODE

1905

LISTING DATE

June 3, 2019

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