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June 28 , 2007 Thursday

Attentions from multinational banks

Following the visit of David Godwin from Standard Chartered Bank, directors from several multinational banks came to SANY successively to discuss cooperative issues.

On May 11, managing director of investment banking department of CITI Bank, Mr. Ji Min and his retinues paid a visit to SANY concerning the strategic cooperation of venture capital between both parties. The vice president of SANY Group, Zhao Xiangzhang and Duan Dawei received Mr. Ji Min who admired SANY's stable and rapid development. At the same time, both parties reached a common understanding on further cooperation.

On May 14, vice governor of Shanghai Branch of Norddeutsche Landesbank, Mr. Dong Yiming visited SANY to discuss the possibility to provide trade financing for SANY's European customers. At present, the Norddeutsche Landesbank is carrying out the follow-up works according to the agreements reached by both parties.

On May 25,managing director of Credit Suisse, Mr. Ge Ganniu came to SANY to discuss global capital strategy of SANY and cooperative issues of both parties with Mr. Xiao Youliang, the assistant to president of SANY.

Source: www.sanygroup.com

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