Fullshare Holdings Ltd
Fullshare (607.HK) Indirect Subsidiary Nanjing Drive Entered into a 5-year Agreement with Bank of Communications
Fullshare Holdings Limited
Gained a credit lines of RMB5 Billion
Pursuant to the Agreement, Nanjing Drive considers Bank of Communications as an important long-term partner. In light of its actual needs, Nanjing Drive will, under the same condition and on a priority basis, choose Bank of Communications as one of its principal banks for financial services. Bank of Communications considers Nanjing Drive as one of its most important clients. According to national macroeconomic policies, industrial polices, credit policies and the corporate development plan of Nanjing Drive and to the extent permitted by national policies, laws and regulations, Bank of Communications will fully leverage on its service resources and full-license advantage to provide comprehensive, convenient and favorable financial services to Nanjing Drive on a priority basis so as to fully support the development of Nanjing Drive. The business cooperation under the Agreement covers financing services, financial advisory services, settlement services, wealth management services and private financial services. As the Group’s core subsidiary in the sector of new energy, China High Speed Transmission is the leading supplier of high-end wind gear transmission equipment in China with a production scale, manufacturing technology and R & D capability reaching the most advanced standard of the industry. China High Speed Transmission’s wholly owned subsidiary Nanjing Drive is widely recognized by both local financial institutions in Nanjing and large state-owned joint stock banks for its technology, leading position and market share. Looking ahead, China High Speed Transmission will explore potential in high-end intelligence manufacturing and Industry 4.0, and actively look into business opportunities in industrial equipment, rail transportation and related industries, with an aim to apply its manufacturing and research expertise to other segments. – End – Fullshare Holdings Limited (SEHK: 607) is a leading conglomerate in China. The Group’s businesses encompass tourism, healthcare, property, and renewable energy. This press release is issued by DLK Advisory Limited on behalf of Fullshare Holdings Limited. For enquiries, please contact: DLK Advisory Document: http://n.eqs.com/c/fncls.ssp?u=GLQQSCKUUX Document title: 607_Press Release_Eng_20170926_FINAL
26/09/2017 Dissemination of a Financial Press Release, transmitted by EQS Group. |