OREANDA-NEWS. December 25, 2012. Sinochem Group and China Export & Credit Insurance Corporation (hereinafter referred to as Sinosure) jointly held “2012 Annual Business Exchange Meeting and Signing Ceremony for Strategic Cooperation Agreement” in Zhaoqing, Guangdong Province, at which Sinochem Group Vice President Han Gensheng and Sinosure Vice President Dai Chunning signed the agreement on behalf of each side. After summarizing the successful cooperation between the two companies in the past ten years, both parties expressed their willingness to further deepen their cooperation, expand their cooperation areas and build a “comprehensive, in-depth, solid and mutually beneficial” strategic partnership.

Vice President Han Gensheng said that Sinochem Group and Sinosure had gradually expanded their cooperation areas to overseas investment, domestic trade and other fields with short-term export credit insurance as the starting point in the past decade, and had built an increasingly mature cooperation model. With the guarantee of credit insurance, Sinochem Group has kept improved its capabilities of risk resistance and improved its operation. In future, Sinochem Group will continue to strengthen the building of its comprehensive risk management system, make full use of credit insurance tools to intensify its market expansion efforts, and further reinforce its industrial base so as to promote strategic transformation and healthy development of the company.

Sinosure Vice President Dai Chunning said that in-depth cooperation between the two parties in the past ten years contributed to the notable development of the two companies in their respective fields, and that Sinosure would fully support Sinochem Group by keeping exploring and enriching its service and increasing its guarantee efforts, thus guarding the “the Third Long March” of Sinochem Group to a success.