The Ping An story Joe Ye TIAN, Deputy Managing Director, Ping An - PowerPoint PPT Presentation

The Ping An story Joe Ye TIAN, Deputy Managing Director, Ping An International Financial Leasing

Ping An I nternational Financial Leasing Aviation Business Joe Ye TI AN Deputy Head of Aviation 19 th January 2016 2

CONTENTS 1. Ping An Group 2. Ping An Leasing 3. Aviation Business 3

1 . Ping An Group - Background Founded in 1988, listed on USD735bn trillion balance Hong Kong and Shanghai sheet ; 246,000 staff, stock exchanges. 798,000 insurance agents. The largest insurance group in term s of revenue in China Full series of financial services licenses(insurance, commercial banking, securities and investment banking, commodities, fund management, trust and leasing). 4

1 . Ping An Group - Structure Ping An Insurance Group Insurance Banking Investment Ping An Leasing Ping An Life Ping An Trust Ping An Property Ping An Securities Ping An Annuity Ping An Bank Ping An AM Ping An Health Ping An Overseas Ping An Hong Kong Ping An AM (HK) Ping An-UOB Fund 5

1 . Ping An Group - Highlights 1 of the 9 Global Largest non-State Owned Systematically Important Enterprise in China Insurance Institutions Ranked 34 th on Forbes One of the most successful Global 2000 internet financial service Ranked 96 th on providers in China Fortune Global 100 6

2 . Ping An Leasing – Overview Founded in 2012, headquartered in Shanghai Wholly-owned 700 staff, subsidiary and nationwide dedicated leasing footprint business of Ping An Group USD1.45 bn USD11bn balance registered capital, sheet one of the strongest leasing (as of Sep. 2015) company in China 7

2 . Ping An Leasing – Business Strategy • Focusing on high-growth sectors in China with highest market penetration in selected segments; • Business synergies with Ping An Insurance Group; • Aviation as the new strategic addition, bringing access to USD assets and global market. Manufacture Aviation Sm all Micro Finance Health Departm ent Care Business Developm ent Product Construction Energy and Metallurgy Factoring Com prehensive Finance I ndividual Finance Urban Developm ent I nstitutional Finance 8

2 . Ping An Leasing – Aviation Business Overseas Team New I nitial, core team Newly added joined from global business First overseas leasing companies department office set up in and airlines; A team since July 2015, I reland, of 15 professionals, following a operated by and growing fast; two-year locally-based Averaging more observation full time staff than ten years of period to industry experience understand the per person market; 9

3 . Ping An Aviation – Structure Ping An Insurance Group 100 % Ping An Leasing - Shanghai 100 % Ping An Aircraft Leasing Company Limited - Ireland 10

3 . Ping An Aviation– Full Range I nvestm ent Sale and Lease Back Short Term Mid Term Strategic Package Aircraft Assets Acquisition Trading New or near new Long term purpose aircraft investment Brand new or Longer than 8 year Longer than 10 mid-life lease year lease aircraft More than 3 year Match long term Order and 2 to 3 year period capital others period 11

3 . Ping An Aviation – Target Airlines >15 >15 >10 Currently, we are focusing on establishing business relationship with about 40 airlines world wide. 12

3 . Ping An Aviation – Financing Strategy External Financing • Own cash funding • JOLCO from Ping An • French Tax Leasing and Ping • Asset backed non- • ABS An Group recourse financing • Aircraft investment • Recourse financing fund • Others Internal Financing Structural Financing 13

3 . Ping An Aviation – Full in-house Function Financing And Treasury Marketing Technical and Asset Acquisition Aircraft Management Trading Legal and Contract Management 14

3 . Ping An Aviation – Key to Success First and Only aircraft lessor backed by insurance capital in China as well as Asia; Long-term committed, the best-fit type Of capital for aircraft leasing; Flexible and not risk-averse; strong risk management capability; Leverage full in-house capability to manage assets for institutional investors; Growing fast, running by professionals joining from global lessors and airlines; With a professional team, global focus and strong financial support, we target to be a World Class Well-Recognized Aircraft Lessor 15

3 . Ping An Aviation – Key Mem bers Zheng Huang - Head of Aviation • Over 24 years’ experience in investment bank and aircraft financing and leasing business; of which over 8 years experiences in BOC Aviation in Singapore. Joe Ye Tian - Deputy Head of Aviation • Over 10 years’ experience in aircraft financing and leasing business with ORIX in Tokyo. Gareth Delany - Executive Director and Chief Technical Officer • Over 17 years’ experience in technical and asset management business; of which 7 years in Lufthansa Technik and 10 years in ORIX, before joining Ping An, he was Senior Director, Head of Technical and Asset Management in ORIX Aviation in Dublin. 16

THANK YOU 17