On November 13, Chu Xinqiang, vice president of the Export-Import Bank of China (EIBC) and Yu Xiaoping, president of EIBC Guangdong Branch visited Yuchai Marine Power Co., Ltd. (YCMP). Chairman Jiang Shihong, Financial Controller Wei Xiangdong and Board Secretary Yu Tianliang of YCMP warmly received the visitors.

Jiang Shihong (front, 2nd L) and Chu Xinqiang (front, 3rd L) introduce YCMPs construction and production

Jiang and YCPMs other leaders showed the visitors around the welding, machining, assembling & commission workshops and the terminal. Jiang introduced the companys construction and production. YCMP spent 12 months wrapping up the capital works, started up the first diesel engine on November 11, 2011 and has developed six models. Chu praised YCMPs construction and production speed and site management.

At a meeting following the visit, Jiang introduced the companys development plan and exchanged ideas on market environment. EIBC is a national policy bank that has been preferentially supporting the import and export businesses of Chinas ship industry and supporting industries, Chu said, noting the recovery of the ship market is inexorable, and enterprises should step up efforts to improve technical level and strengthen internal management before the recovery. EIBC will support and cooperate with YCMP in many aspects.

(Text by Yu Tianliang, photo by Qin Jiayong)