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China Development Bank survey to Debont

Time:2017-12-11
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JIAMUSI-A field research to Debont subsidiaryJiamusi Wodi Agricultural Machinery Co., Ltdwas carried out by Deputy Direct Mr.Liang Shitao, China Development Bank, Beijing Branch, together with Manager,Zhang Jingwei. This research was accompanied by Liu Hanwu, Debont General Manager, Fang Yupeng, Wodi Vice General Manager, Sun Hongyu, also Wodi Vice General Manager.

China Development Bank (CDB) is the world largest developing financial institution, China's largest foreign investment and financing bank. It is also a medium and long term credit bank and bond bank. This survey is the confirmation for the 3-year working capital loan to Debont. It is the first time that CDB has given policy-oriented financial support to domestic private agricultural machinery enterprises.

Both sides will also conduct in-depth cooperation on such major projects as technological transformation and overseas acquisitions in the future.

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