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Chairman Zhou Wei met with the Chairman of Export-Import Bank of Washington
On August 8, accompanied by the relevant officials of the Embassy of the United States in Beijing, Mr. Hochberg, Chairman of The Export-Import Bank of the United States who led a delegation consisting of 7 members including Mr. schloegel, Senior Vice President of the Bank and Ms. Maresh etc visited our company, and made friendly talks with Zhou Wei, Chairman of the Company. Wan Xiaofang, President of the Company, Luo Mingyan, Vice President of the Company and the persons in charge of Financial Marketing Department, Aircraft Leasing Business Division and other relevant departments participated in the meeting as members of the entourage.
During the conversation, Chairman Zhou Wei showed Mr. Hochberg the development of Minsheng Financial Leasing in recent years, and expressed his thanks to The Export-Import Bank of the United States for its great support to our company. Mr. Hochberg said that Minsheng Financial Leasing was an important partner of The Export-Import Bank of the United States in Asia, also the only private enterprise to visit in China this time. The Export-Import Bank of the United States hopes to be able to deepen cooperation the cooperation with Minsheng Financial Leasing in the field of aviation, shipping and other large equipment etc in future. The two sides also conducted full exchange as to the global macroeconomic situation, development status and prospect of aviation industry and its relevant specific business.
Founded in 1934, The Export-Import Bank of the United States is an independent government institution subject to the federal government of the United States, which the main responsibility is to support the export promotion of American goods and services by providing credit that is unacquirable through normal commercial channels, and to increase domestic employment based on it. Aviation industry is one of the largest industries with the greatest supports from The Export-Import Bank of the United States.
Minsheng Financial Leasing and The Export-Import Bank of the United States started their first cooperation at the end of 2013, and the former acquired credit guarantee amount of 280 million U.S dollar approximately for export of business airplane, which is the first guarantee business of The Export-Import Bank of the United States for business aircraft financing in the Chinese market. At present, our company submits the application for export credit guarantee amount of about 200 million U.S dollar to The Export-Import Bank of the United States as for the second batch of Gulfstream jets. The cooperation with The Export-Import Bank of the United States is a successful attempt of our company to make full use of support policy and to introduce low-cost funds, also an important measure of corporate financing internationalization.