On April 4th, XCMG and Changzhou Venture Capital signed a strategic cooperation agreement on "Construction Machinery e-Trading Platform" in Xuzhou. The two parties will target non-standard assets of XCMG's financial industry, especially the transaction mode and financing channels of second-hand construction machinery and equipment. Work closely to jointly build a financial model for the upstream and downstream supply chain of construction machinery and equipment, and realize platform and revenue sharing.
The signing of this strategic cooperation agreement is an important measure for XCMG to actively promote the high-quality and sustainable development of the construction machinery leasing industry, and has made a demonstration to meet the needs of innovative development of enterprises. Changzhou Venture Capital will make full use of its strong resources and technology and its ability to dispose of non-standard assets, and provide XCMG with new ways in the transaction of used construction machinery and equipment, financing of used construction machinery, and realization of non-standard debt assets. The leasing market is firmly on top.
Strong alliance, complementary advantages sharing resources
Comply with development and jointly create the best trading platform for construction machinery
The signing ceremony was strongly supported by the government of Quanshan District of Xuzhou. Ji Xiaochao, deputy director of the Xuzhou Science and Technology Bureau, Dong Linhai, deputy head of the Quanshan district of Xuzhou, and general manager of the National University Science and Technology Park of China University of Mining and Technology attended the witness. Wei Bing, general manager of the financial services division, secretary of the party committee, general manager of Xugong Leasing, Wang Xin, chairman of Changzhou Venture Capital Group, Meng Wen, deputy general manager of Xugong Financial Services Division, and general manager of Xugong Guanglian Leasing attended the meeting.