Yuchai group company signed a strategic cooperation framework agreement with the bank and Bank of Guilin 

In October 19th, Yuchai group company and the Guilin Bank signed a strategic cooperation framework agreement in Guilin. Yuchai group chairman of the board of directors Yan Ping, Guilin bank chairman Wang Neng attended the signing ceremony. According to the agreement, the two sides will establish a close cooperative relationship, carry out multi-level, multi field, all-round business cooperation, to create a win-win, sustainable development strategic partnership.

This cooperation is Yuchai group company for new measures to expand the financing channels and improve financial management level. According to the agreement, Guilin banks will be in accord with the basic national macro economic policy, regulatory policy and credit policy and risk control management, support and Yuchai subordinate enterprises and downstream customers, partners in business development. At the same time, the foreign currency settlement, financial settlement and other services, establish corporate customers through channels, build cash management platform, provide account management, fund settlement, liquidity management and other services to assist by Yuchai Yuchai, capital intensive management, improve the efficiency of capital allocation, provide support for Yuchai financial goals.

The two sides hope that in the subsequent cooperation, we can further expand the scope of cooperation, and add new development momentum for the development of both sides.