Hong Yongxiang said that as a leading enterprise in the global construction machinery industry, XCMG has achieved outstanding achievements in the international market in recent years. The achievement of this strategic cooperation will create a broader development space for both parties and promote resource sharing and complementary advantages. In the future, OCBC Bank (China) will carry out more extensive and in-depth cooperation with XCMG in various fields in Southeast Asia, especially in the Indonesian market, to meet XCMG's growing cross-border development needs and jointly promote the sustained and rapid development of China's high-end manufacturing industry in the global market.

The signing of this strategic cooperation agreement is not only a milestone in the cooperation between XCMG and OCBC Bank, but also an important step for both parties to jointly promote internationalization strategy and accelerate international layout. The two sides will further deepen mutual trust and cooperation, comprehensively enhance the synergy between banks and enterprises, open a new chapter of industrial and financial integration, and work together to achieve high-quality development.

Yu Hongyu, Vice President and Chief Financial Officer of XCMG, Chen Qinghui, General Manager of OCBC China Corporate Banking Department, and heads of relevant departments of OCBC Bank and XCMG attended the talks and signing ceremony.