On June 9, Zhou Wei, Chairman of MSFL, led a team to visit China Shipowners Mutual Assurance Association to discuss implementation of strategic cooperation. Song Chunfeng, General Manager of China Shipowners Mutual Assurance Association, had a close talk with the visitors.
On the evening of August 25, 2020, a boat carrying refugees overturned near 36-10.0N 027-05.0E in the Aegean Sea, causing hundreds of refugees in danger. MSFL self-run dry bulk carrier OCEAN ANG, sailing in the nearby waters, responded to the maritime rescue call at first time and immediately organized personnel to participate in rescue operation. In the principle and international spirit of "no way to give up any life", we finally made every effort to rescue 41 drowning people, which was widely praised by all walks of life.
In 2020, the Party Committee of MSFL paid high attention to the severe COVID situation in Wuhan of Hubei and responded immediately by resolutely implementing arrangement in the decisions by the CPC Party Central Committee and the State Council, and took prevention and control of epidemic diseases as the priority among all current tasks. In accordance with notified requirements of People's Bank of China and China Banking and Insurance Regulatory Commission, the Party Committee of MSFL continued to strengthen financial service support, led employees to actively carry out epidemic prevention and control in accordance with the arrangements and instructions of Minsheng Bank, strived to maintain the health of customers and employees, gave full play to the advantages of leasing, and fully supported regional epidemic prevention and control
On December 6, 2019, MSFL became one of the first batch of enterprises in Tianjin to open FT accounts and complete business landing on the day of launch. We obtained a working capital loan of US $200 million from China Merchants Bank Tianjin Branch at a comprehensive cost of 3%, and made new achievements in expanding MSFL's low-cost financing channels and supporting overseas liquidity. At the launch ceremony of FT account business in Tianjin on the same day, Zhou Wei, Chairman of MSFL, was invited to attend the ceremony on behalf of the first batch of 6 FT account handling enterprises, to witness the launch of the system together with relevant leaders of Tianjin Municipal Government, the Head Office and Tianjin Branch of People's Bank of China and the sponsor party from China Merchants Bank.
At the end of November 2019, Standard & Poor's awarded MSFL BBB-/A-3 as the main rating. The outlook was stable, and the rating result was same as what China Minsheng Bank was like. This was the second investment grade rating granted by an international rating agency after MSFL obtained the main rating of Moody's Baa3 last year.
Recently, the launching ceremony of the Head Office's centralized operation platform combined to Minsheng Easy Lease outbound call business of Vehicle Leasing BU was held in Wuhan Operation Center of Operation Management Department. Long Ping, General Manager of Operation Management Department of the Head Office, Wan Xiaofang, President of MSFL, the Head Office's operation lines and relevant principals of Vehicle Leasing BU attended the ceremony.
On the morning of December 3, Vice President Hu Qinghua and his delegation visited MSFL for investigation and guidance and conduct research on operation and risk management of MSFL in 2019. Heads of Risk Management Department, Internal Control & Compliance Department, Asset Monitoring Department, Review Department & other departments of the Head Office, as well as senior executives of leasing companies and heads of relevant departments participated in the survey.