Insurance is currently Bohai Capital’s second largest financial services business, through Bohai Life. The business line provides leasing companies with low-cost capitaland targeted property insurance services and functions as an important part oflisted companies’ fundraising channels. Bohai Life is able to take advantage of opportunities brought about by the development of the Chinese insurance industry and Tianjin’s initiative to build a best in class area of innovative financial operation. The Company has built a diversified development model, enabling it to create further growth as an innovative internet insurance company.
The securities business of Bohai Capital, through Lianxun Securities, provides financing and valuation management channels to help itseasing operations with asset securitization. Lianxun Securities aims to build a modern investment bank that combines securities, futures, funds, direct investment and overseas business and has the capability to provide services across investment funding, trade, asset management, payment settlement and risk management.
Bohai Capital has established a long-term strategic partnership with traditional fund providers through gradual investments in the banking industry, which allow sit to secure and expand its funding sources. In 2016, Bohai Capital invested USD102 million in the Bank of Tianjin’s Hong Kong IPO. Bank of Tianjin provides banking products and services in China, operating through Corporate Banking, Personal Banking and Treasury Operations segments. The Corporate Banking segment provides corporate loans, trade financing, deposit takings, and other types of corporate intermediary services to corporations, government agencies and financial institutions. The Personal Banking segment offers personal loans, deposit products, card business, personal wealth management services, and other types of personal intermediary services to individual customers. The Treasury Operations segment engages in money market or repurchase and debt instrument investment activities.
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