Sany was rated as an AAA customer of Sinosure

On the morning of May 6, China Export & Credit Insurance Corporation (hereinafter referred to as "SINOSURE") Hunan and Guizhou regional AA level customer awarding ceremony and overseas risk analysis meeting was held in Changsha, Sany Heavy Industry and other 35 enterprises accepted the China Credit Insurance AA level or above customer award. Sany Heavy Industry was rated as an AAA customer, and Li Jianhua, general manager of Sany Auto Finance, accepted the award on behalf of the company, which means that Sany will receive more service support in overseas business development in the future.

Xiong Fangping, Deputy Secretary-General of the Hunan Provincial Government, Huang Zhuyun, Chief Economist of the Guizhou Provincial Department of Commerce, Zhou Yue, Deputy Director of the Hunan Provincial Department of Commerce, relevant persons in charge of Sinosure and leaders of major banks in Hunan Province attended the meeting, and more than 300 senior executives from more than 160 foreign economic and trade enterprises in Hunan and Guizhou provinces attended the meeting.

Liu Zhengmao, general manager of SINOSURE's Changsha operation and management department, said that SINOSURE has rated customers according to the national foreign trade strategy and support direction, combined with factors such as the company's industry, export products, export scale, management level, industry status and future development potential, and divided it into AA and AAA customers. The awarding ceremony aims to build an exchange platform for government departments, credit insurance, banks and foreign economic and trade enterprises, strengthen cooperation and interaction with key customers above AA level, and better serve the export enterprises of Hunan and Guizhou provinces to explore the international market.

It is understood that Sany has been cooperating with Sinosure since 2003, and signed a comprehensive business cooperation agreement with Sinosure in October 2014, and has been recognized as an AAA customer by Sinosure for many years. With the support of Sinosure, Sany Group's overseas business has achieved rapid growth. In 2015, the Group's overseas sales accounted for about 40% of the company's total sales.