XCMG Group's First Financial Leasing Company in South America Settles in Chile

January 29th

XCMG Chile Financial Leasing Company

In Santiago, the capital of Chile

Hold the opening ceremony

This is XCMG Group in South America

The first financing leasing company

In a video speech, Yu Hongyu, Vice President of XCMG Machinery, stated that XCMG Chile Financial Leasing Company has been officially established, ushering in another new starting point for XCMG in the South American market. This marks our deep cultivation and development in the South American market, and is also an important step towards the solid landing of XCMG's internationalization strategy.

According to Li Kui, the head of XCMG Chile Financial Leasing Company, after its opening, the company will provide comprehensive, professional, and efficient customized financial service solutions for customers in Chile and surrounding countries, reduce equipment purchase costs and financial business risks, and help customers operate with peace of mind.

At the opening ceremony, multiple Chilean enterprises including mining, hoisting, and construction signed intention cooperation agreements with XCMG Chile Financial Leasing Company.

Several local business representatives pointed out that XCMG Chile will promote the interconnection and economic integration process between China and South America, which is also conducive to improving the investment environment for Chinese enterprises in South America, creating employment opportunities, and enhancing medium - and long-term development potential. "We are willing to deepen cooperation with XCMG to jointly create a better business prospect.".

With the accelerating pace of globalization, XCMG machinery and equipment are widely used in mining, infrastructure, construction, hoisting and other fields in various countries in South America.

In July 2020, XCMG established XCMG Brazil Bank in Brazil, creating a milestone leap for China's manufacturing industry in the financial services sector in South America.

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XCMG will fully rely on it

XCMG Chile Financing Leasing Company Platform

Expand business to

Other countries in South America

Strive to promote deep integration of industry and finance