Yuchai Signs Bank-Enterprise Strategic Cooperation Agreement with Bank of China

On April 23, 2011, the signing ceremony of the strategic cooperation agreement between the Yuchai Group Company and Bank of China Guangxi Branch was held at Yulin Hotel, marking that the two parties will carry out deeper cooperation in more financial businesses. The signing of the agreement opened a new chapter in the financial cooperation between Yuchai and the Bank of China.

Yuchai Signs Bank-Enterprise Strategic Cooperation Agreement with Bank of China

In recent years, Yuchai Group has actively established close cooperative relationships with major financial institutions such as the Bank of China, which has promoted the development of enterprises and the financial industry, achieved great economic benefits, and promoted the rapid development of the local economy. Yu Ping pointed out that Yuchai Group has completed the domestic industrial layout and the vigorous development of various industrial sectors has laid a solid foundation for achieving the corporate goal of 100 billion during the “12th Five-Year Plan” period. In the process of development, it is necessary to cooperate with financial institutions with complete and efficient service networks such as the Bank of China to achieve rapid and healthy development of the company.

Yang Zhanpeng, president of the Bank of China Guangxi Branch, is looking forward to the cooperation between the two parties. He said that Yuchai Group is a model for China's national industrial exhibition. In recent years, Yuchai has been moving toward the goal of a large multinational conglomerate, and the two sides have broad prospects for cooperation. Bank of China Guangxi Branch will cooperate closely with Yuchai to expand the scale of cooperation, deepen the depth of cooperation and achieve a new leap forward.

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