Byleasing Holdings

What Byleasing Holdings does

Byleasing Holdings (厦门百应融资租赁有限责任公司, HK GEM: 08525.HK) is a China-based finance leasing company founded in 2010 and headquartered in Xiamen, Fujian Province. The company provides equipment-based financing solutions — direct finance leasing and sale-leaseback arrangements — to small and medium-sized enterprises and individual entrepreneurs, typically over 12-36 month tenors, alongside commercial factoring and value-added consulting services. Its primary end markets are manufacturing (textiles, apparel, electronics, metal products, chemicals, printing), infrastructure, services, agriculture, wholesale/retail, and construction, with a customer base of more than 1,000 across over 20 Chinese provinces. According to Frost & Sullivan, the company ranked 6th of 371 finance leasing companies in Fujian Province by operating revenue with 1.1% regional market share in 2016-2017.

The business model is capital-intensive and transactional: revenue is generated from financing amounts, interest, and management fees collected over the lease term, with pricing customized to each customer's credit profile, equipment type, and cash flow. Disclosed 2017 operating revenue was RMB 60.81 million with RMB 20.69 million in net profit, representing 52.4% and 38.3% YoY growth respectively. Byleasing is majority-controlled by the Septwolves Group (七匹狼集团, 58.75% stake held by the Zhou family) with Jinning Machinery shareholders holding a further 18.75%. The company completed its IPO on the Hong Kong Stock Exchange GEM on July 18, 2018, raising HKD 86.4 million (67.5 million shares at HKD 1.28, 90% placement / 10% public offering) under sole sponsor Changjiang Securities Financing (Hong Kong), marking it as the third listed entity under Septwolves Group.

Go-to-market is sales-led, leveraging the Septwolves and Jinning Machinery shareholder networks in Fujian to source SME equipment financing opportunities, supplemented by industry event participation and direct enterprise engagement. The company has positioned itself as a regional specialist in Fujian's manufacturing corridor (notably Quanzhou) and uses its HK listing as both a brand-credibility signal to SME customers and a route to international capital markets. There are no disclosed proprietary technology platforms, AI/ML capabilities, or differentiated data assets — the offering is fundamentally a conventional balance-sheet-driven leasing operation.

Name

Byleasing Holdings

Legal name

厦门百应融资租赁有限责任公司

Website

https://byleasing.com

Company type

Public

Founded year

2010

Operating status

Ipo

Headcount range

101–250 employees

Short description

Byleasing Holdings (HK GEM: 08525.HK) is a Xiamen-based finance leasing company providing direct leasing, sale-leaseback, and commercial factoring services to SMEs across 20+ Chinese provinces, majority-owned by Septwolves Group.

Ownership category

akta.pro rank

Product category

Finance Leasing

NAICS

Credit Intermediation and Related Activities (522), Sales Financing (52222)

SIC

Finance Lessors (6172)

akta.pro primary industry

SME Equipment & Asset Finance (Leasing, Fleet, Capex) (FSABABAH)

akta.pro secondary industries

Supply Chain Finance (Trade Credit, PO/Inventory Financing) (FSAKAGAE), Direct Lending — Specialty Finance (Consumer/SME Lending Platforms) (FSAHAJAF)

Keywords

• Finance leasing
• Equipment financing
• Commercial factoring
• SME lending
• Sale-leaseback services

Headquarters

HQ city

Xiamen

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Finance Leasing Revenue: Revenue generated from direct finance leasing and sale-leaseback arrangements, including financing amounts, interest, and management fees collected from customers over the lease period of typically 12-36 months.
2. Commercial Factoring Services: Commercial factoring (accounts receivable factoring) services provided to customers, generating service fees.
3. Value-Added Consulting Services: Additional consulting services provided to customers alongside core leasing products.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Byleasing Holdings provides equipment-based finance leasing solutions to small and medium-sized enterprises (SMEs) and individual entrepreneurs in China. Its two principal products are Direct Finance Leasing (a three-party arrangement where it purchases equipment from suppliers on behalf of customers who repay over 12–36 months) and Sale-Leaseback (where it purchases existing equipment from customers and leases it back to them for working capital). The company also provides commercial factoring (accounts receivable) services and value-added consulting. Customers span manufacturing, infrastructure, services, agriculture, wholesale/retail, and construction, with over 1,000 clients across 20+ Chinese provinces.

Product overview

Byleasing Holdings provides equipment-based financing solutions to SMEs and entrepreneurial individuals. The company is licensed to engage in finance leasing business, commercial factoring, and related services. The core product offerings consist of two main financing lease types: Direct Finance Leasing (for purchasing new equipment) and Sale-Leaseback (for accessing working capital from existing equipment). The company operates across multiple business sectors including manufacturing, infrastructure, services, agriculture, wholesale/retail, and construction.

Differentiator

Problem solved

Functional benefit

Products and services

• Direct Finance Leasing (直接租赁) A three-party finance leasing product in which Byleasing, as lessor, purchases specified equipment from a supplier at the customer's instruction; the equipment is shipped directly to the customer, who then repays the financing amount, interest, and management fees over 12–36 months (or longer). Designed for SMEs and individual entrepreneurs needing financing for new projects, capacity expansion, technology upgrades, or new equipment purchases.
• Sale-Leaseback (售后回租) A two-party finance leasing product where the customer sells equipment it already owns to Byleasing, which then leases that same equipment back to the customer over 12–36 months (or longer). The customer repays financing amount, interest, and management fees. Designed for SMEs and individual entrepreneurs needing working capital for ongoing operations.
• Commercial Factoring Services (商业保理) Commercial (accounts receivable) factoring services provided by Byleasing to its customers, who sell their receivables to the company for short-term liquidity. Generates service fee revenue for Byleasing.

Quantifiable outcome

• Revenue increased from 3994万 RMB (2016) to 6081万 RMB (2017), representing 52.4% year-over-year growth
• +3 more outcomes

Named customers3 records

Segments8 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• China Foreign Investment Enterprise Association Leasing Industry Work Committee (中国外商投资企业协会租赁业工作委员会)coreStrategic or Co-development Partner · 10 September 2018Byleasing hosted the 'Finance Leasing Connecting Capital Markets Seminar' organized by this committee, demonstrating close industry collaboration and thought leadership in the Chinese finance leasing sector.
• Zhongguancun Science Park Leasing (中关村科技租赁有限公司)minorStrategic or Co-development Partner · 1 August 2018Visit and exchange meeting with Byleasing management to discuss Hong Kong IPO processes, intermediary selection, and listing progress.
• Frost & SullivanminorOthersMarket research firm providing industry data and analysis. Cited as source for market positioning data showing Byleasing ranked 6th among 371 finance leasing companies in Fujian Province.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Far East Horizon: Far East Horizon (3360.HK) is the largest Chinese domestic-owned finance leasing company listed in Hong Kong, providing equipment-based financing, services, and investment to SMEs in healthcare, education, infrastructure, and manufacturing — directly comparable to Byleasing in core business model and customer segment, but at materially larger scale.
• China Aircraft Leasing Group Holdings: China Aircraft Leasing (1848.HK) is a Hong Kong-listed finance lessor providing operating leases to global airlines — comparable to Byleasing as a Chinese-origin HKEX-listed pure-play lessor, though focused on aircraft rather than SME equipment. Useful as a benchmark for Chinese lessor valuation and capital structure.

Broad incumbents

• Minsheng Financial Leasing: Minsheng Financial Leasing is a major Chinese non-bank-affiliated finance lessor (sister to Minsheng Bank ecosystem), serving aviation, shipping, vehicles, and equipment. Comparable as a broad Chinese lessor with broader product offering than Byleasing.
• Bohai Leasing: Bohai Leasing (000415.SZ) is one of China's largest listed finance lessors, providing container, aircraft, infrastructure, and equipment leasing. Comparable as a broad incumbent in the Chinese listed finance leasing space with significantly larger scale and broader sector exposure than Byleasing.
• ICBC Financial Leasing: ICBC Financial Leasing is a wholly-owned subsidiary of Industrial and Commercial Bank of China and one of China's largest finance lessors, serving aviation, shipping, and large equipment customers. Comparable as a broad incumbent in the Chinese finance leasing space, with materially larger balance sheet and broader product set than Byleasing.
• CCB Financial Leasing: CCB Financial Leasing is the leasing arm of China Construction Bank, one of the top-tier bank-affiliated finance lessors in China, providing leasing solutions across aviation, shipping, equipment manufacturing, and infrastructure. Comparable as a broad incumbent with bank balance-sheet advantages.

Others

• Huixin Microfinance: Huixin Microfinance (1577.HK) is a sister listed entity under the Septwolves group alongside Byleasing — providing small-loan and micro-finance services to SMEs and individuals in Fujian. Comparable as an affiliated small-ticket SME financier under the same controlling shareholder, though operating under microcredit rather than leasing license.

Emerging players

• Yixin Capital (Yixin Group): Yixin Group (2858.HK) is a Hong Kong-listed auto financing transaction platform serving consumers and SMEs in China, affiliated with Bitauto/PDD/京东 ecosystems. Comparable as a Chinese HKEX-listed tech-enabled financing platform serving small-ticket customers, though focused on auto rather than equipment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Byleasing Holdings