HONG KONG, May 19, 2017 /PRNewswire/ -- Dragon Jade International Limited (the "Company"), through a newly created Hong Kong subsidiary, Dragon Jade International Financial Leasing Company Limited (DGFL), is pleased to announce that it is offering medical equipment and aircraft financing solutions, including both direct financial leasing and sale-leaseback services to customers in health care and airlines in China. Onshore China customers will be serviced through 100% owned subsidiary Shenzhen Dragon Jade Financial Leasing Company Limited formed under the laws of the Peoples' Republic of China.
DGJI, through these newly created entities, shall provide consultancy services for the acquisition of medical devices to be leased to DJFL's customers. DGJI will assess the financial risks and benefits of sophisticated medical devices and provide its customers financing and business support to assist them to better serve their clientele. DGJI, through its advisory panel consisting of medical, technology and regulatory experts, will assess the effectiveness, safety and regulatory compliance of medical devices and recommend a plan of action to its customer base.
The Company sees many opportunities to build a successful leasing business leveraging off its core medical device knowledge and also plans to offer aircraft equipment and parts leasing. Pursuant to the General Office of the State Council issuance of Guiding Opinions on Accelerating the Development of the Financial Leasing Industry in August 2015, China's financial leasing industry is developing rapidly. Policy changes designed to build the financial leasing industry have played an important role in broadening China's industrial innovation and financing facilities for small and medium-sized enterprises, an engine of economic growth.
In addition to China, there are new opportunities for leasing medical devices in regional countries enjoying increased infrastructure investment in hospital projects supported through the Chinese government's "One Belt One Road" policy and the creation of the new Asian Infrastructure Investment Bank (AIIB). The Company intends to expand its leasing business to hospital projects of regional countries financed through the "One Belt One Road" initiative.
In addition to medical devices, the Company sees large growth opportunities in aircraft equipment and parts leasing. The Civil Aviation Administration of China predicts that China's civil aviation fleet will top 3,000 aircraft by 2025, of which 60% will be leased. Management thinks that the large demand for leased aircraft and parts will total over US$130 billion within the next decade and that there are exciting opportunities to take advantage of the tremendous demand for lease providers.
DGJI is continuously expanding, and diversifying its business to take advantage of changing market trends. "We are excited about the addition of financial leasing as an extension to our current lines of business of the Group," says Dr. Steve Lai, CEO of DGJI.
About Dragon Jade
Dragon Jade International Limited and its subsidiaries ("the Group") is focused on identifying, developing and marketing the next generation of herbal and natural products that improve people's lives. The Group is positioned to leverage proven resources that allow us to assess, enhance and realize the commercial potential of herbal and biotechnological discoveries. The Group strives to develop and offer to the market the broadest selection of cost-effective healthy living products, which shall deliver substantial returns to investors. More information on Dragon Jade, visit the Company's website: http://www.dgjigroup.com.
Safe Harbor Statement
This release includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as the Company "believes," "expects," "anticipates," "foresees," "estimates," or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
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