New Building and Lease Contracts for 8 Crown Series Bulk Carriers Signed!

On April 2, SUMEC Marine Co., Ltd., affiliated to SUMEC Group Corporation (hereinafter referred to as SUMEC), signed building and lease contracts involving 8 Crown 63 version 3.0 bulk carriers with Huaxia Financial Leasing Co., Ltd. (hereinafter referred to as Huaxia Financial Leasing). The attendees at the signing ceremony included Shen Zongqing, President of Huaxia Financial Leasing, Lu Wensheng, Vice President of Huaxia Bank Nanjing Branch, Yang Yongqing, Secretary of the Party Committee of SUMEC and Chairman of the Board of Directors of SUMEC, Zhang Xin, Deputy Chief Accountant and General Manager of the Assets and Finance Department of SUMEC, and He Jun, Chairman of the Board of Directors of SUMEC Marine.

Yang Yongqing said that SUMEC and Huaxia Financial Leasing have consistently maintained a good cooperative relationship, and that the signing of the building and lease contracts for 8 Crown 63 version 3.0 bulk carriers with Huaxia Financial Leasing marks a brand new milestone for both parties in their mutually beneficial partnership. Yang Yongqing hoped that both parties will collaborate and fully leverage their strengths to promote the smooth implementation of the project, pursue development by cooperation, achieve mutual success, and make greater contributions to the national maritime cause and economic and social development, thereby shaping a brighter future together.

Zhang Xin elaborated on the history of cooperation between SUMEC and Huaxia Bank Nanjing Branch, expressing eager anticipation for a partnership with Huaxia Financial Leasing to foster mutual development. He Jun highlighted SUMEC Marine's commitment to intensifying efforts in enhancing the quality of ship design and elevating professionalism in shipping operations to achieve win-win development.

For this contract signing, SUMEC's Assets and Finance Department customized financial solutions to secure a specialized credit line exceeding 800 million yuan, facilitating the inaugural collaboration between SUMEC Marine and Huaxia Bank.

Shen Zongqing stated that the shipping business is a key business sector for Huaxia Financial Leasing, and that the signing of the cooperation agreements for 8 bulk carriers signifies a significant step in the deepening collaboration between Huaxia Financial Leasing and SUMEC. Huaxia Financial Leasing will seize this signing as an opportunity to give full play to its role as a primary force in serving the real economy and as a "ballast stone" in maintaining financial stability, to continuously improve its ability to serve the real economy and contribute to China's efforts in building it into a strong maritime country.

For a long time, SUMEC Marine has persistently taken design as its leading business, while fostering the coordinated development of shipbuilding and shipping. Its ship products are continuously updated to achieve greater energy efficiency, environmental friendliness, and a greener, low-carbon outcome. Up to now, SUMEC Marine has delivered 15 Crown 63 version 3.0 bulk carriers. This signing makes the number of Crown 63 version 3.0 bulk carriers in the purchase orders amount to 65, which are placed by shipowners from Europe, the Middle East, Japan, Taiwan, China, and Hong Kong, China.