CDB Leasing plans $0.86 bn capital injection for aviation subsidiary

China Development Bank Financial Leasing Co. will inject $0.86 billion into its direct wholly-owned subsidiary, CDB Aviation Lease Finance Designated Activity Company, using its own funds. This capital injection, approved by the board on October 29, 2025, is intended to meet National Financial Regulatory Administration requirements for specialized financial leasing subsidiaries and to strengthen CDB Aviation’s capital, risk management, and market position. The company will retain 100% equity interest in CDB Aviation post-injection.

The capital injection is subject to shareholder approval at the Second Extraordinary General Meeting (EGM) of 2025, scheduled for 10:00 a.m. on Monday, November 17, 2025, in Shenzhen. Further approvals are required from the Shenzhen Office of the National Financial Regulatory Administration and for the filing of overseas direct investment with the National Development and Reform Commission.

The EGM will address the resolution to approve the capital injection. The register of members will be closed from Wednesday, November 12, 2025, to Monday, November 17, 2025, to determine eligibility for attendance and voting. The board recommends shareholders vote in favor of the resolution, believing it serves the interests of the company and its shareholders.