January 18, 2017
CHANGSHA - Sany Group, the parent company of heavy machinery manufacturer Sany Heavy Industry Co Ltd, on Monday led a group of ten private companies in setting up a commercial bank.
The Sanxiang Bank, based in Hunan province, will operate with a registered capital of 3 billion yuan ($435 million). It is China's eighth private commercial bank since the regulatory allowed private capital into the banking sector in 2013.
The Sanxiang Bank will focus on Chinese manufacturers, especially those investing heavily in technology.
The bank's president, Liang Zaizhong, said that while operating with much less capital than state banks, it is China's first bank associated with a major manufacturer.
Sany Heavy Industry Co Ltd sells a wide range of construction machinery such as Excavators and cranes and has extensive global presence. It operates 25 manufacturing bases and 100 offices worldwide. Key overseas research and production hubs are based in Brazil, Germany, India and the United States.
The company has ventures in clean energy, with a focus on wind power.
Several XCMG climbing platform fire engines with a total value of more than 10 million yuan lined up to go overseas with surging momentum.,Protect the beautiful world In recent years,XCMG Fire Fighting for High-rise Rescue、Industrial
November nineteenth—22nd,Secretary of the Party Committee of the company、Chairman Peng Zhengyong led a team to Xinjiang to carry out a series of business activities,Visited the Xinjiang Autonomous Region Highway Development Center respectively.、X
bauma CHINA 2024(Shanghai BMW show)Will be November 26-The curtain was raised at the Shanghai New International Expo Center on the 29th.!Wirtgen Group will bring Wirtgen、Fogler、Humvee、Kelei's Four Brands Appear at the Exhibition,Showcase innovativ
When the north wind passes through,The most romantic thing is a night of spring breeze.,It was delivered.“To turn thousands of pear trees here in full bloom white.”A grand scene。However,Behind this beauty.,With the increasing use of tr
Copyright Notice 2002-2024 global-ce.com Construction Machinery Online. All rights reserved.
Address: Room 901, Building C, Ruipu Mansion, Hongjunying South Road No.15, Chaoyang District, Beijing.100107 P.R.China