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March 27 , 2013 Wednesday

Yuchai, Sealand Securities seek opportunity for cooperative development

On the afternoon of February 4, Yan Ping, chairman of Yuchai Group, met a delegation headed by Zhang Yafeng, chairman of Sealand Securities. The two sides exchanged ideas on common concerns such as financing and finance. Also present was Gu Tangsheng, president of Yuchai Group.

Yan Ping (R) talks to Zhang Yafeng (L)

Yan introduced Yuchai's financing, development strategy, production and business operation. Yuchai has made great strides in recent years, aims to achieve the sales objective of 100 billion yuan by the end of the "twelfth five-year" period, has several projects underway and needs support from financial institutions for some projects in order to maintain the momentum, he said, hoping Yuchai will get strong support from Sealand Securities in the future.

Yuchai has tremendous strength and a strong appeal for financial enterprises as one of branded enterprises in Guangxi, China and the world, Zhang said, hoping to offer Yuchai multi-level and diversified financial services. "We will get more opportunities by working with such a large-sized enterprise," she was quoted as saying, hoping the two sides will provide respective professional resources to seek a road of common development, thus achieving win-win.

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