On November 16, Yan Ping, chairman of Yuchai Group, met with a delegation headed by Liao Jiawang, president of Agricultural Bank of China (ABC), Guangxi Branch at the reception room of Power Building, conferring with the visitors on common financial concerns. 

Yan (R) talks with Liao (L)

Yan introduced Yuchais current situation of financing, corporate development strategy, production and business operations, adding Yuchai has developed rapidly and soundly in recent years. Some of its several projects in the country have been completed, and others are underway. In the ascendant, an enterprise with annual sales of RMB 100 billion is taking shape. To maintain the strong momentum and achieve annual sales of RMB 100 billion, Yuchai needs support from financial institutions for some projects. Hopefully, ABC Guangxi Branch will continue supporting Yuchais development in the twelfth five-year period.

Liao said, as one of Guangxis most competitive and promising enterprises, Yuchai is attractive to financial enterprises and ABC Guangxi Branch will miss no opportunities to cooperate with Yuchai. In the future, ABC will cement relations with Yuchai and incline to it in terms of policies to boost its development. 

(Wen Zhenghua)