The Signing Ceremony of Cooperation between Yuexin Shipbuilding Co., Ltd and China Export and Credit Insurance Corporation Has Finished Successfully

Source：Updated Time：2015-11-27

On the evening of July 4th, the signing ceremony of the cooperative agreement between Yuexin Shipbuilding Co., Ltd. and China Export and Credit Insurance Corporation was grandly held in Panyu Royal Marina Hotel. As a financial- supporting platform of national policy, China Export and Credit Insurance Corporation will provide multidirectional service backup in the aspects of credit management, risk guarantee and business consultation for Yuexin Ship-building Co., ltd.

In the face of the opportunities and challenge of post –crisis, it is of vital importance for Yuexin to strength risk resistance abilities as an extroverted type of ship-producing company. Yuexin Shipbuilding Co., Ltd made an agreement of strategic partnership with China Export and Credit Insurance Corporation, a financial-supporting platform of national policy, which will provide prioritized and comprehensive financial services of adjusting running strategies, stabilizing export order, seizing international quotas and enhancing anti-risk capabilities.

So far, Yuexin is the first Guangdong province’s private shipping corporation making an agreement of strategic partnership with China Export and Credit Insurance Corporation. The cooperative sum reaches to US $60,79 million. With Yuexin’s new orders signed one after another in the latter half of the years, the cooperative amount may reach to US {content}.4 billion. This agreement will help Yuexin to enhance the abilities to take risk, ensure the fund safety, boost international marketing competitiveness and enlarge products’ scale in international business. Moreover, it is a far-reaching significance of expanding a step of international market and participating international competiveness.