Tan Xuguang: Banks and Enterprises with Cooperation Complementing Each Other Will Achieve High-quality Development

In the afternoon of March 20, Shandong Heavy Industry Group and Zheshang Bank signed a strategic cooperation agreement in Jinan. Tan Xuguang, Party secretary, chairman and general manager of Shandong Heavy Industry, and Zhang Rongsen, deputy Party secretary and president of Zheshang Bank had a discussion and witnessed the agreement signing.

Tan extended welcome to Zhang Rongsen and his team. He said that Shandong Heavy Industry Group and Zheshang Bank have maintained good cooperation for more than 10 years. SHIG has six business segments, including powertrain, commercial vehicle, construction machinery and agricultural equipment, and global product export business has been growing rapidly for many years. There is huge space for financial cooperation. It is hoped that the two sides will conduct efficient and mutually beneficial cooperation in credit granting, supply chain finance and international finance, and promote enterprises to achieve high-quality development with high-quality finance.

Zhang Rongsen thanked Shandong Heavy Industry Group for its long-term support and introduced the operation and development of Zheshang Bank. He said that Shandong Heavy Industry Group, as a giant in the domestic automobile and equipment manufacturing industry, has mastered the world's leading technical resources and has an important influence in the world. Zheshang Bank has cooperated with Shandong Heavy Industry Group and many of its subsidiaries, and has a solid foundation for cooperation. It is hoped that the two sides will further deepen cooperative relations, integrate their respective resource advantages, join hands to share development opportunities, and provide financial support for the high-quality development of China's manufacturing industry.

Shen Chuandong, deputy general manager of Shandong Heavy Industry Group, and Hou Bo, assistant president of Zheshang Bank, signed the strategic cooperation agreement on behalf of the two sides respectively.

Zhang Rongsen and his team visited the Shandong Heavy Industry Group’s Future Science and Technology Exhibition Hall, accompanied by Shandong Heavy Industry Group’s Wang Tao, Wang Zhijian and other relevant excutives.