Sineng Signed Strategic Cooperation Agreement with China Citic Bank
Sineng Electric Co., Ltd. (hereinafter referred to as “Sineng”) held signing ceremony of strategic cooperation with China Citic Bank in May 3. Mr. SHAN Guomin, the president of Wuxi Branch of China Citic Bank and Mr. WU Qiang, the chairman of Sineng, attended the signing ceremony and made a speech.
Ms. HU Yanyan, the assistant of president of Wuxi Branch of China Citic Bank and Mr. CHEN Yunping, the secretary of Board of Directors of Sineng and chief financial officer signed the agreement on behalf of both parties. Chairman WU Qiang expressed thanks to China Citic Bank for financial support offered for Sineng at the signing ceremony, and showed that cooperation with China Citic Bank would contribute to the rapid development of various business blocks of Sineng, especially for customized financial service, and help Sineng to conduct resources integration, prefect businesses layout and realize extension of industrial chain under new economic environment, which shall form powerful support for strategic target of Sineng.
“Sineng is a manufacturer of photovoltaic inverter ranking top five in the world and top three in China. Relying on advantages of comprehensive financial platform of China Citic Group, Wuxi Branch of China Citic Bank will do its best to provide more efficient and convenient financial service for Sineng, and help the rapid development of new energy industry”, president SHAN Guomin showed that it is sincerely hoped that both parties can take signing of strategic cooperation agreement as new start and carry out broad and in-depth cooperation to realize mutual benefit and win-win result.