China's Equipment Manufacturing Industry; Finance Leases Signed By ...

Zoomlion recently announced in Beijing on April 23, Zoomlion financial leasing company (Italy), BMW in Munich, Germany, an exhibition of construction machinery products, successful signing of a finance lease Zoomlion first single in Europe. According to report, this is China?s equipment manufacturing industry in Europe by way of finance lease was the first single. Zoomlion Wan Jun, general manager of financial leasing business, said: ?China?s equipment manufacturing industry to the world, we must rely on financial leasing business.??? ?? ?? ?? Wanjun introduction, the financial leasing products are Zoomlion CIFA?s newest Carbotech45 meter pump price of more than 400,000 euros, using the carbon fiber steel landmark. Europe has always been the world?s construction machinery giant?s traditional territory, is the world?s most developed financial market system, one of the regions. Finance leases due to the low cost of capital, risk, by the favor of both users and vendors, Europe and the United States developed more than 80% of machinery and equipment products are sold to a finance lease.?? ?? ?? ?? Zoomlion the first time in Australia in 2009 sales of products using a finance lease. Man Kwan said: ?According to the practice in Australia, financial leasing products can increase the local sales from 50 to 100 percent.??? ?? ?? ?? Finance leasing business in Italy and Europe and the United States developed a very strict regulation of business, on Zoomlion for Italy is the first stop into the European market, bridgehead, for which Zoomlion been a long time fully prepared, as early as 2007, the company launched the first in series of financial lease. Financial leasing usually has the financial system, system vendors and third-party system in three ways. Financial leasing business as Zoomlion to world-class business strategy, currently in China, Australia, the United States, Russia, Italy and other countries and Hong Kong to establish a financial leasing company based in Hong Kong. Man Kwan said Zoomlion set up financial leasing company?s next stop is South Africa and Brazil.?? ?? ?? ?? Have been among the world?s leading engineering machinery enterprises out Zoomlion?s products are currently exported to over 70 countries. It Wanjun introduced in Europe and America customers Zoomlion interest financing leasing least as much as the product of interest, signed Zoomlion first single Italian financial leasing business in Europe caused quite a big industry and the media response. Ceremony, with CIFA 23-year history of cooperation with customers Mr.Tomatis said the CIFA choose to buy the latest products, in addition to Chinese and product factors, would like to thank Zoomlion lease financing provided by the financial services, to enable him to obtain funds in a bank outside support, which is particularly important in the financial crisis.?? ?? ?? ?? Man Kwan said ?world-class addition to the products of construction machinery enterprises, but also to provide financial services.? Zoomlion of financial leasing business since its inception in 2007, a doubling of growth momentum, the total price of financial leasing in 2007 500 million yuan in 2008 to 24 billion yuan, 9.4 billion by 2009, to the end of April this year, has more than 5 billion yuan.?? ?? ?? ?? 2008 financial crisis on the world of construction machinery manufacturers in Europe and the world a great impact on sales, the recovery is still hard. Man Kwan believes that European countries poor financial liquidity, Zoomlion right time this time to introduce financial leasing business. Zoomlion headquarters in Hong Kong through a leasing company, you can better use of abundant liquidity in the Greater China region.?? ?? ?? ?? Zoomlion in September 2008 completed a world-renowned Italian CIFA acquisition, became the world?s largest concrete machinery manufacturer. Man Kwan said that the signing, on the one hand shows Zoomlion and the success of the Italian CIFA cooperation is Zoomlion ?Zoomlion? and ?CIFA? dual-brand international success stories, on the other hand shows the cooperation of the two sides have been to deeper and more realistic level. He said Zoomlion finance leasing business in Europe successfully carried out, for the Zoomlion and CIFA dual brand in Europe and other parts of the world achieved sales of financial services support.

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China?s Equipment Manufacturing Industry; Finance Leases Signed By Europe?s First Single

Source: http://www.finance4noobs.com/china%E2%80%99s-equipment-manufacturing-industry-finance-leases-signed-by-europe%E2%80%99s-first-single/

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