Sep 30, 2021 05:32 PM (GMT+8) · EqualOcean
On September 29, great wall holding group and Shanghai Pudong Development Bank signed a strategic cooperation agreement at the headquarters of Great Wall Motors in Baoding. According to the agreement, Shanghai Pudong Development Bank provides 35 billion yuan of comprehensive credit to great wall holding group, and gives priority guarantee to the capital financing of great wall holding group and its subordinate member units, covering supply chain financing, cash management, investment banking and cross-border trade financing, so as to provide more comprehensive and High quality and efficient financial services. In this regard, Wei Jianjun, chairman of great wall holding group, said that great wall motor will take advantage of Shanghai Pudong Development Bank's advantages in financial service scenario, open ecosystem and science and technology empowerment to enhance the group's competitiveness in the global automotive industry, help the group extend the industrial chain of automobile, energy and other related aspects and release its development potential.
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