Sany Heavy Machinery and BNP Paribas held global strategic cooperation talks

On September 7, Sany Heavy Machinery and BNP Paribas Leasing held a global strategic cooperation meeting in Kunshan Industrial Park to further expand global financing business cooperation and establish a long-term strategic cooperative relationship.

Isabelle Loc, Chief Executive Officer of BNP Paribas Leasing, Olivier De Ryck, Head of BNP Paribas Asia and France, Chen Jiayuan, Vice President of Sany Group and Chairman of Sany Heavy Machinery, and Wang Longgang, Executive Deputy General Manager of Sany Overseas Marketing Company, attended the meeting.

BNP Paribas is the largest bank in the European Union, with a presence in 65 countries and regions around the world, with annual revenue of 50.4 billion euros and net profit of 10.2 billion euros in 2022, ranking first in the euro area in terms of net profit, ranking third among European and American banks in terms of total assets, and having a credit rating close to the best among all global systemically important banks. As a subsidiary of BNP Paribas, BNP Paribas Leasing covers 20 countries and regions around the world, and its business scope includes financial leasing business, operating leasing business, leasing equipment management, etc., and is committed to deepening the high-end equipment market such as construction machinery, and has established global strategic cooperative relations with many world-class manufacturers.

At present, Sany vigorously promotes the globalization strategy and has great potential for development in the European market. Sany Heavy Machinery regards Europe as an important market and a good start for the long-term cooperative relationship with BNP Paribas, and has signed a French inventory financing project, and will gradually promote inventory financing and retail financing business in Southeast Europe, Benelux, Italy, North America and Southeast Asia, so as to better meet the needs of global customers and jointly promote the high-end, intelligent and green development of the manufacturing industry.

At the symposium, the two sides reached a consensus on further deepening global strategic cooperation, including the signing of a global strategic cooperation agreement, deepening the financing business cooperation between the two sides in Europe, North America and Southeast Asia to achieve mutual benefit and win-win results, and strengthening high-level visits to consolidate cooperative relations.