XCMG Group and China Export-Import Bank Signed a Head-to-Head Strategic Cooperation Agreement
Recently, XCMG Group and the Export-Import Bank of China held a strategic cooperation seminar and signed a general-to-general strategic cooperation agreement. Wang Kang, member of the Party Committee and Vice President of the Export-Import Bank, Zhong Jian, General Manager of the Trade Finance Department, and Wang Xiaoqiang, President of the Jiangsu Branch, attended the event. Yang Dongsheng, Chairman and Party Secretary of XCMG Group and XCMG Machinery, Shao Danlei, member of the Party Committee and Deputy General Manager of XCMG Group, and Yu Hongyu, Vice President and Financial Director of XCMG Machinery, attended the event.
It is expected that both parties will expand the space for cooperation around the upgrading of advanced manufacturing industry, internationalization of overseas and the cultivation of new quality productivity, innovate the new cooperation model of "research, financing, investment, and production", and open up a new situation of industrial and financial linkage and win-win development.
Wang Kang said that XCMG Group is an international leading engineering machinery enterprise and a heavyweight strategic partner of the Export-Import Bank of China. As a state-owned policy bank, the Export-Import Bank of China is highly consistent with the development direction of XCMG in key areas such as the construction of the "Belt and Road", international industrial investment, and transformation and upgrading of advanced manufacturing.
The Export-Import Bank of China will take this opportunity to upgrade the strategic cooperation between the two parties to strengthen the linkage mechanism between the head office and the branch, give full play to its advantageous resources, and closely cooperate with banks and enterprises to support XCMG's internationalization and industrial transformation to a higher level, and jointly promote the acceleration of China's high-end equipment manufacturing industry to go overseas and upgrade under the new situation.
The signing of the head-to-head strategic agreement marks that the comprehensive strategic cooperation between XCMG and the Export-Import Bank of China has entered a new milestone stage. In the next step, the two parties will deepen the system and multi-level linkage, expand the scale and scope of cooperation, improve the quality and efficiency of bank-enterprise cooperation, enhance the resilience and momentum of industrial development, create a benchmark advanced manufacturing industry, and contribute to the construction of China's manufacturing power.
Before the signing, the delegation of the Export-Import Bank of China visited XCMG Heavy Industry and XCMG Mining Machinery. The heads of relevant units of the Export-Import Bank of China, XCMG Group, and XCMG Machinery participated in the event.
