Press Release

Issued by Minsheng Financial Leasing.

April 11, 2017

On the afternoon of April 11, 2017, Minsheng Financial Leasing signed an operating lease agreement with Jet Edge, the third largest business aviation charter operator in the United States for three Embraer Legacy 650 business jets at the ABACE Asian Business Aviation Exhibition in Shanghai.

Wan Xiaofang, president of Minsheng Financial Leasing attended the signing ceremony and delivered a speech. She stressed that this contract was the first time a Chinese financial leasing company had conducted operational leasing of business jets to foreign business airlines.

The signing of contract marks the start of the company's strategic partnership of mutual trust and cooperation with Jet Edge, and further deepens its strategic cooperation with the international famous business aviation company and business jet manufacturer, Embraer. It steps a solid pace for Minsheng Financial Leasing to become the world's largest business jet leasing company, and makes an important contribution to the prosperity of global business aviation market.