Recently, a signing ceremony was held in Nantong for the strategic cooperation between RHI (Jiangsu Rainbow Heavy Industries Co., Ltd) and Sinosure (China Export & Credit Insurance Corporation).

Mr. Wujian, Board Chairman and Executive Director of RHI, and Mr. Pan Shuigen, Vice General Manager of Sinosure Jiangsu Branch etc. attended the ceremony. The signing of the agreement symbolized that a deeper strategic cooperation between the two companies to be developed on export business.

According to the agreement, Sinosure, as financing organization undertaking policy credit insurance, will coordinate with the “Go global” strategy executed by the nation to support the abroad sales of RHI by provide with all-round credit insurance and management service.

The signing of the agreement is quite meaningful to RHI for its internationalized strategic development. It is benefit for the capital safety of RHI, and helpful for RHI to enhance the capability of risks prevention and control, promote the competition in the internationalized market as well as expand his international trade scale.