On December 30, pengcheng Asia and xuzhou construction machinery construction machinery co., LTD. (hereinafter referred to as ldquo; Xu gongjian ”) Signed the strategic cooperation framework agreement, President zhao yi of pengcheng Asia, vice President zhou puzhang, general manager song lei of south district sales center of xu gongjian marketing company, general manager of key customer department jin haijiao and other management of both sides attended the signing ceremony. Based on the principle of mutual benefit and win-win cooperation, the two sides shall establish a long-term and stable strategic cooperative relationship, jointly explore the market, and conduct in-depth cooperation on construction machinery, technology research and development, product sales and promotion services.

This joint venture between pengcheng Asia and xugongjian will strengthen the competitiveness of both sides in the field of construction machinery, promote the market development of both sides at home and abroad, tap new growth drivers and open up a new pattern of mutually beneficial and win-win development.

combination of strengths and complementary strengths to explore new markets

As a service provider mainly engaged in buying and selling construction machinery and related industries, pengcheng Asia was successfully listed in Hong Kong in 2010, with broad international vision and rich experience in overseas markets. As the core enterprise of the hoisting division of XCMG group, XCMG is mainly engaged in the research and development, manufacturing and sales of tower cranes and construction lifts, and its products are exported to more than 100 countries and regions.

In order to seize the dividend of the continuous growth of construction machinery manufacturing industry, expand new markets and realize new growth, starting with this cooperation, xu gongjian will give pengcheng Asia competitive prices in domestic product procurement and leasing, and authorize pengcheng Asia to become a sales agent in Singapore and neighboring countries. With the promotion of strategic cooperation, we will strengthen the market competitiveness of both sides and promote the sustainable growth of business at home and abroad.

strategy

Pengcheng Asia said that the in-depth cooperation between the two sides, on the basis of giving full play to xu gongjian's expertise, will drive the improvement of the skills of pengcheng Asia business team, and boost the transformation of pengcheng Asia brand value. Under the agreement, pengcheng Asia will give priority to xu gongjian's products in its domestic business, and help promote xu gongjian's brand and provide after-sales service in Singapore to achieve the goal of win-win development. In the future, the two sides will cooperate with each other, actively explore more diversified cooperation models, innovate business models to form new services or industries, and tap new growth drivers.