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 19th January 2016

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CONTENTS

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

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

1 . Ping An Group - Background

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Ping An Insurance Group Insurance Banking Investment

Ping An Life Ping An Property Ping An Annuity Ping An Health Ping An Hong Kong Ping An Bank

Ping An Leasing

Ping An Trust Ping An Securities Ping An AM Ping An Overseas Ping An AM (HK) Ping An-UOB Fund

1 . Ping An Group - Structure

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

1 . Ping An Group - Highlights

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2 . Ping An Leasing – Overview

Founded in 2012, headquartered in Shanghai Wholly-owned subsidiary and dedicated leasing business of Ping An Group USD1.45 bn registered capital,

• ne of the

strongest leasing company in China USD11bn balance sheet (as of Sep. 2015) 700 staff, nationwide footprint

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2 . Ping An Leasing – Business Strategy

Health Departm ent Care Manufacture Product Construction I nstitutional Finance Business Developm ent Energy and Metallurgy Urban Developm ent Factoring Sm all Micro Finance Com prehensive Finance I ndividual Finance Aviation

• 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.

New Overseas Team

2 . Ping An Leasing – Aviation Business

Newly added business department since July 2015, following a two-year

• bservation

period to understand the market; First overseas

• ffice set up in

I reland,

• perated by

locally-based full time staff I nitial, core team joined from global leasing companies and airlines; A team

• f 15 professionals,

and growing fast; Averaging more than ten years of industry experience per person 9

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3 . Ping An Aviation – Structure

Ping An Insurance Group

100%

Ping An Leasing - Shanghai

100%

Ping An Aircraft Leasing Company Limited - Ireland

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3 . Ping An Aviation– Full Range I nvestm ent

Sale and Lease Back Package Acquisition Order and

• thers

Aircraft Assets

Trading purpose Brand new or mid-life aircraft 2 to 3 year period New or near new aircraft Longer than 8 year lease More than 3 year period Long term investment Longer than 10 year lease Match long term capital Short Term Mid Term Strategic

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3 . Ping An Aviation – Target Airlines >15 >10 >15

Currently, we are focusing on establishing business relationship with about 40 airlines world wide.

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3 . Ping An Aviation – Financing Strategy

• Own cash funding

from Ping An Leasing and Ping An Group Internal Financing

• Asset backed non-

recourse financing

• Recourse financing
• Others

External Financing

• JOLCO
• French Tax
• ABS
• Aircraft investment

fund Structural Financing

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3 . Ping An Aviation – Full in-house Function

Aircraft Financing And Treasury Technical and Asset Management Legal and Contract Management Marketing Acquisition Trading

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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

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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.

THANK YOU

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