Logistics Co., Ltd. and Guangxi Branch of Bank of China are Holding a Large Collaboration Symposium
On 22nd June, Yuchai Logistics Co., Ltd. and Guangxi Branch of Bank of China are holding a large collaboration symposium in Nanning. In this symposium, Yuchai Logistics Co., Ltd. and Guangxi Branch of Bank of China signed new cooperation agreement, which indicates that both parties enter a new stage of cooperation and will cooperate in a large range.
Li Zhirong, president of Yuchai Logistics Co., Ltd., Chen Xunan, general manager, Hou Jun, chief accountant, mangers of Commercial Vehicle Department, Finance Department and 10 subsidiaries in vehicle trade field, leaders of Guangxi Branch of Bank of China, Department of Individual Financing, Business Department, and 10 branches of Bank of China attended this symposium. President Li Zhirong and leaders of Guangxi Branch of Bank of China respectively addressed this symposium.
Yuchai Logistics Co., Ltd. and Guangxi Branch of Bank of China have established strong cooperation base, covering a large range of businesses such as bill, working capital loan, auto loan, international clearing and credit card.
Automobile trade field of Yuchai Logistics is one of big six fields in Yuchai Group and forms own core competency by a rule set network as a base, service as a guide, information as a means. Logistics and auto trade develops hand in hand. Accumulative operation revenue achieved by Yuchai Logistics Co., Ltd. from January to May this year is up 73% on last year's same period. Only commercial vehicle business completed operation revenue of 54%. In the severe and variable market competition, the development of auto trade field is greatly reliable on the cooperation with banks. Credit operation development and efficient management are supportive for market expanding and achievement increase.
Attendees of both parties had wide discussion and communication in this symposium which has come to a successful conclusion.
(Qin Xuan)
