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Welcome to Guangdong Stainless Steel Materials and Products Association

The Guangdong Stainless Steel Materials and Products Association noted that Xiangyu Group recently signed strategic cooperation agreements with two banks.

On July 31, Xiangyu Group and Xiamen Branch of China Development Bank signed a strategic cooperation agreement in Xiamen. According to the agreement, the intended cooperation amount of both parties in various financial products is RMB 20 billion. Xiamen Branch of China Development Bank will actively support the development of various business sectors of Xiangyu Group and make full use of the RMB 350 billion financing window to support Xiangyu Group to expand its business in countries and regions along the “Belt and Road”.

On August 7, Xiangyu Group signed a strategic cooperation agreement with the Xiamen Branch of the Export-Import Bank of China. According to the agreement, the two parties will comprehensively deepen cooperation in the fields of credit, guarantee, consulting, etc., and the intended cooperation amount on various financial products is RMB 16 billion. Xiangyu Group said that with this signing as an opportunity, Xiangyu Group will further deepen bank-enterprise cooperation, take advantage of the unique advantages of the Export-Import Bank in foreign trade and cross-border investment and financing, accelerate the pace of international development, and make better use of the two domestic and international markets and two resources, so as to contribute to the construction of a new development pattern of "dual circulation" and the high-quality construction of the "Belt and Road".