When China International Leasing Exhibition and Leasing Industry Summit was held in Shanghai in 2004, famous multinational manufacturers and leasing companies, such as General Electric, Caterpillar, Ingersoll Rand, Alec of Britain and Xinli Henglai of Hong Kong, all sent strong teams to participate. Among the exhibitors, 70% are wholly foreign-owned or joint ventures, and domestic enterprises are rarely seen. According to the relevant personage of Shanghai Leasing Industry Association, the association invited one of the largest local equipment manufacturers in Shanghai to participate in the exhibition, but the other party said, "Our products sell well, why should we participate in any leasing exhibition?" In the face of China leasing "rich mines", multinational companies are jealous, but most state-owned enterprises are not awake.
Xia Bin, director of the Financial Research Institute of the State Council Development Research Center, pointed out: "State-owned enterprises lack the minimum knowledge and understanding of the functions and functions of modern leasing, let alone the sense of crisis and urgency of industrial development."
Nan Yuxiang, general manager of a forklift leasing company in Beijing, is also deeply touched by this. As one of the few private regular armies in the forklift rental market in Beijing, Manager Nan's company is mainly engaged in the rental business of second-hand forklifts imported from Japan, such as Toyota, Komatsu and Nissan. Although the company's business is doing well, it still makes people feel chilly. Most leasing enterprises in the market are joint ventures or wholly foreign-owned enterprises. Although most domestic enterprises, especially some small and medium-sized enterprises, no longer hold the outdated concept of "lifting by hand" and begin to gradually increase investment in construction machinery such as forklifts, they still hold the view that "renting is better than buying" and buy if they can. Some enterprises even prefer to spend huge sums of money to buy some large-scale equipment, but they have been idle for a long time, resulting in high fixed assets and increased production costs, which has actually become a burden for enterprises. Forklift leasing is mostly in the form of operating leasing, while financing leasing is rare.
The lack of leasing consciousness, the lack of financial management concept and the habitual thinking of "renting is better than buying" will certainly hinder the development of forklift leasing industry. In fact, after the forklift leasing industry really develops, it should be a win-win situation for leasing companies and leasing companies.