Yuchai Group Signs Comprehensive Strategic Cooperation Agreement with Bank of China Guangxi Branch

Recently, Yuchai Group and Bank of China Guangxi Branch held a signing ceremony for a comprehensive strategic cooperation agreement in Nanning. Gu Tangsheng, President of Yuchai Group, and Ding Fujun, Vice President of Credit Risk and Director of Credit Risk of Guangxi Branch of Bank of China signed a comprehensive strategic cooperation on behalf of both parties. protocol. According to the agreement, Yuchai Group will cooperate with Bank of China Guangxi Branch in financing, investment banking, international settlement, personal finance, cash management, pension business and other fields in accordance with its own business development needs. Chairman Yu Ping of Yuchai Group Board and Yuan Long, President of Guangxi Branch of Bank of China attended the signing ceremony.

Yuchai Group Signs Comprehensive Strategic Cooperation Agreement with Bank of China Guangxi Branch
Yuchai Group Signs Comprehensive Strategic Cooperation Agreement with Bank of China Guangxi Branch

At the ceremony, Lu Yuming, chief accountant of Yuchai, and Yang Xiangdong, deputy governor of Guangxi Branch of Bank of China, signed a strategic cooperation agreement on supply chain finance; Shen Guang, Chairman of Yuchai Industry New City, signed Yuchai Industry with Li Xiaojun, President of Yulin Branch of Bank of China. New City strategic cooperation agreement.

The Bank of China has long been the national foreign exchange foreign trade professional bank, unified management and management of foreign exchange, international trade settlement, remittances and other non-trade foreign exchange business, and vigorously support foreign trade development and economic construction. Among them, the Bank of China Guangxi Branch is a first-level branch of the Bank of China Co., Ltd., which was formally operated in 1980. After more than 30 years of reform, innovation, and development, its business and institutional outlets spread throughout the region's 13 cities. Now has more than 200 agency outlets.

It is understood that on April 23, 2011, Yuchai signed a strategic cooperation agreement with the Bank of China Guangxi Branch. In the four years of cooperation, the two sides have enjoyed mutual trust, mutual benefit and mutual support, and have achieved a win-win development and cooperation.

Yuan Long said that after four years, the two sides are standing at the starting point of a new business cooperation and signing a comprehensive strategic cooperation agreement again. They continue to be important partners in the new normal economy to work together and seek common development. We are very happy and at the same time It cherishes the expectation that both parties will cooperate in new business in the future.

Yuan Long said that Bank of China is the only bank in China with branches in six continents including Asia, Europe, Africa, South America, North America and Oceania, and its service network has spread all over the world. As the country implements the "One Belt and One Road" development strategy, the scope and scope of the Bank's globalization will continue to expand. Yuchai selected Bank of China as a strategic partner and will set an example for the cooperation between major countries and financial arteries. In the future, the Bank of China will use its own characteristics to help Yuchai to move toward the world and achieve the development goals of Yuchai International better and faster.

Junping spoke highly of the support given by the Bank of China Guangxi Branch to Yuchai Group. Junping said that the Bank of China is a financial institution with a long history, a high degree of brand recognition, and a strong influence in the world. The development of the Yuchai Group was assisted by the Guangxi Branch of Bank of China, and it also witnessed the depth and breadth of cooperation between the two parties. The four-year strategic cooperation has pushed the cooperation between Yuchai Group and Bank of China Guangxi Branch to a higher level.

Yu Ping said that Yuchai is a representative of Chinese national brands and will gradually increase international competition in the future. Today, the Yuchai Group has signed a comprehensive strategic cooperation agreement with the Bank of China Guangxi Branch, which is supported by a financial platform such as the Bank of China and will certainly accelerate the process of internationalization.

Fuping hopes that the two sides will strengthen communication and strengthen their connection, actively discuss and promote the completion of a comprehensive strategic cooperation agreement.

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