Kai Shi

UniTrust Finance & Leasing Company

UniTrust (恒信金融租赁) is wholly owned by TPG with investment of RMB 1.5B. It is a leading Chinese equipment leasing company with over than 80% growth in the past 3 years. UniTrust is the Vice Chair company of China Association of Enterprises with Foreign Investment (CAEFI) and the Chairman company of China Leasing Business Association. Investor TPG (Texas Pacific Group) was founded in 1992 and is one of the largest private equity funds in the world. Its main business is to provide financial support for the target company's transformation, management buyout and capital restructuring. In China, its major investments include Shenzhen Development Bank, Lenovo Group, Grand Auto and UniTrust.