SINO IC LEASING Co., Ltd. (referred to as SINO IC LEASING or SICL) was incorporated in the Shanghai Free Trade Zone on August 27, 2015, which is the only domestic financial leasing company focused on the integrated circuit industry. SICL is led by China Integrated Circuit Industry Investment Fund (referred to as ICF), and its shareholders include leading domestic integrated circuit and semiconductor companies, local state-owned enterprises in the integrated circuit industry clusters and professional investment institutions, which has strong industrial and financial resource integration advantages. SICL now boasts of 13.209 billion RMB of registered capital, ranking No.3 in the industry. As a successful example of ownership reform that saw the introduction of private capital into the capital structure to better serve the real economy, SICL is growing steadily into a comprehensive financial services platform, addressing “manufacturing needs with investment and financing”, to effectively serve strategic and emerging industries, with a focus on the IC industry.

Since the inception, SICL has always adhered to the original intention of serving the development of the industry, and worked closely with ICF in accordance with the National Outline for Integrated Circuits Industry Development and Promotion, combining industry characteristics and customer needs, and striving to give full play to the advantages of lease business, actively explore innovative financial services. SICL has accumulated rich service experience in multiple sectors such as integrated circuits, semiconductors, and strategic emerging industries. SICL comprehensively uses different forms of local and foreign currency leases such as direct financial leases, sale-back leases, and operating leases, and uses commercial factoring and consulting methods to provide financial services for SMIC, YMTC, UNISOC, JCET, AMEC, PIOTECH and a number of other industry leaders and projects. By the end ofSeptember 2023, the totalassets of SICL were 66.9 billion RMB, and the totalinvestment was 162.3billion RMB, of which the IC and semiconductor fieldsaccounted for 70%, andother strategic emerging industries such as new energyaccounted for 30%.

Looking ahead, SICL will stay true to our original aspiration and mission. SICL is committed to providing more professional, high-quality and diversified comprehensive financial services to customers in all links of the industry chain.