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Wang Yuanwan Present at Government, Bank and Enterprise Coop

From:上海中奥企发(集团)有Date:2013-12-23Browse:78Times

           On July 25, Mr. Wang Yuanwan, chairman of Shanghai Zall Enterprise Development (Group), was present upon invitation at the partnering meeting of Zhoushan banks supporting the combined project of the “five 10-billion groups” in Putuo District and the signing ceremony of government, bank and enterprise cooperation. At the signing ceremony, 12 municipal level banking institutions including ICBC Zhoushan Branch and ABC Zhoushan Branch signed strategic cooperation agreements with the government of Putuo District for a total financing amount of 39.5 billion yuan. These include the financing cooperation agreement for a total amount of 4.5 billion yuan for 15 projects including the expansion of Zhejiang Zall Energy and Oil Products affiliated to Shanghai Zall Enterprise Development (Group) Co., Ltd. Zheng Zikai, director of Zhoushan Bank Regulatory Bureau, indicated that all banks in the city will do something mainly in the mortgage of ships under construction and of sea area use right while offering more credit support to Putuo, pushing ahead syndicated loans and merger loan operations, and will also push forward diversified financing on the basis of asset sequence mortgage and innovation of repayment patterns.
           Chairman Wang Yuanwan said that the signature of these agreements has greatly encouraged enterprises in their confidence to further integrate themselves into the regional development, enterprises should strengthen market studies, grow stronger and operate with great concentration, to make their contributions to the three-year plan of Putuo District to realize breakthroughs in transition for leap-forward development. The main leader of Putuo District indicated that all enterprises should concentrate the capital in the research and development of core technologies, development of new products and upgrading, to make the main operations stronger and build up internal strength, to enhance the confidence of banking institutions to offer credits, and take initiative to accept the credit survey and evaluation by banks, so as to continually raise their own credit standing and get trust and support from banking institutions with good enterprise image.
           Shanghai Zall Enterprise Development (Group) Co., Ltd. is a rapidly growing large privately-run group corporation. Founded in 1992, it was formerly Putuo Wanda Co., Ltd. of Zhoushan City, and after 15 years of hard work, the head office of the Group transferred from Zhoushan of Zhejiang to Shanghai in 2003. It is now a key enterprise of Changning District in Shanghai, with total registered capital of 200 million yuan. The main operations of the Company are: manufacturing, marketing, installation and maintenance of elevators; domestic and foreign trade and port storage and shipping of energy and petrochemical products; trading of building materials; real estate operation and development and associated property management; operation and management in project investment field. In overall industrial structure and operation orientation, the Company has followed the development trend of advanced industries of extending and integrating gradually from downstream to upstream, thus extending the industrial chain of the enterprise and maintaining exuberant vitality and relatively stable profitability of the enterprise. 

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