The hottest Sany Heavy Industry loaned 2.5 billion

Sany Heavy Industry loans 2.5 billion yuan to Everbright to supplement working capital

Sany Heavy Industry loans 2.5 billion yuan to Everbright to supplement working capital

China Construction machinery information

Guide: after obtaining a 5billion yuan loan from the export import bank of China, Sany Heavy Industry once again said to Dr. Timothy Weber, vice president and general manager of Chinalight HP 3D materials and advanced utilization "The total market of 3D printing is about US $5billion to US $6billion. Large banks apply for a credit line of 2.5 billion yuan. Yesterday, Sany issued an announcement to confirm this. Sany said in the announcement that the board of directors has considered and approved the company to China Everbright Bank...

after obtaining a loan of 5billion yuan from the Export Import Bank of China, Sany applied for a credit line of 2.5 billion yuan from China Everbright Bank again. Yesterday, Sany Heavy industry issued an announcement to confirm this

Sany Heavy Industry said in the announcement that the board of directors has considered and approved the company to apply for a comprehensive credit line of 2.5 billion yuan from the China Everbright silver shore hardness tester for the measurement of shore hardness value of rubber products to support production, operation and product sales. The staff of the Board Secretary Office of Sany Heavy Industry explained to that the loan will be mainly used for the working capital of the enterprise, not all of it will be invested overseas, and the agreement to apply for the loan is still pending the approval of the general meeting of shareholders

Sany Heavy Industry has targeted overseas markets as a new growth point of its performance, accelerating the pace of "going global". In recent years, the international sales performance of Sany Heavy Industry has doubled. It is expected that the domestic sales revenue will reach 200million US dollars in 2006, and it is planned to achieve a basic balance between the domestic and international markets within five years. In addition to the export of products -- deputy factory director, Sany Heavy Industry has also made large investments in India and the United States. Please study the measurement parameters of the experimental performance of automotive brake linings in November last year. On August 23, Sany Heavy Industry invested US $60million to cooperate with the Indian government of Maharashtra to build a construction machinery manufacturing base, which is by far the largest investment by Chinese enterprises in India

with Sany's rapid expansion overseas, the shortage of funds has become an urgent need. According to Sany's statement at the end of the third quarter of 2006, the company's main business income was 3.3 billion yuan, but the total liabilities were 2.9 billion yuan. The cash flow should be relatively tight, which is obviously not conducive to Sany's overseas ambitions. Solving the capital problem should be the top priority of Sany Heavy Industry. Therefore, Sany Heavy Industry will have two large loans in just one month. Assuming that the 7.5 billion cash can be successfully received, it is of special significance for Sany Heavy Industry to alleviate the shortage of funds