Suzhou Financial Leasing Co., Ltd. in Suzhou Industrial Park opened its doors for business on December 28, and it also inked strategic cooperative agreements with five enterprises such as Higer Bus and Kubota.

Suzhou Financial Leasing Co., Ltd. with the registered capital of 1.5 billion yuan is a non-banking financial institution initiated by Bank of Suzhou as the dominant stockholder together with SBS (Suzhou broadcast and TV), SJEC and Canadian Solar. It is the fourth financial leasing company in Jiangsu Province and the first incorporated company of its kind in Suzhou.

Suzhou Financial Leasing Co., Ltd. will give full play to its leasing functions for promotion of industrial innovation and upgrading, for expansion of financing channels of medium, small and micro-sized enterprises, for development of new-emerging industries, and for promotion of economic structural adjustment.