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New cooperation! High-end equipment "going global"!

Project Introduction
On January 9, SUMEC International Technology Co., Ltd. (SUMEC-ITC) signed an MOU with UzAuto and UzAuto Motors for the e...
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On January 9, SUMEC International Technology Co., Ltd. (SUMEC-ITC) signed an MOU with UzAuto and UzAuto Motors for the export of Chinese equipment for Uzbek Automotive Industry Group's new energy vehicle project. SUMEC-ITC is a subsidiary of SUMEC Corporation Limited (SUMEC). Hu Haijing, General Manager Assistant of SUMEC, attended the signing ceremony.

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UzAuto, one of the project owners, is a member of the Uzbek Automotive Industry Group which is the largest automotive group in Central Asia, the largest passenger vehicle manufacturer in Central Asia and the first passenger vehicle manufacturer in Uzbekistan. The other project owner, UzAuto Motors, is the only motor manufacturing company in Uzbekistan. SUMEC-ITC will give full play to its resource advantages in terms of a global supply chain and an industrial chain, and will actively integrate product resources and financial resources to enhance mutual trust, mutual integration and interconnection among the three parties. SUMEC-ITC will develop deeper and broader cooperation on the export of Chinese fuel, hybrid and electric vehicles, and provide assistance to our customers in their automobile and motor manufacturing businesses.

Previously, SUMEC-ITC has cooperated with Uzbek Automotive Industry Group on the purchase and loan project for the export of complete vehicles and engine production lines. This project is the first purchase and loan project that SUMEC-ITC has implemented to help China's auto industry go global following the Belt and Road Initiative, which has opened up a new path for the export of electromechanical products under a new model of finance + export and laid a good foundation for this signing.

The signing ceremony was also attended by the relevant responsible officers from SUMEC-ITC and the Project Insurance Business Division of China Export & Credit Insurance Corporation Jiangsu Branch.

Shared development, and common benefits for future. The signing of the MOU marks a new step in SUMEC's efforts to promote the export of high-end equipment. In the future, SUMEC will continue to follow the industry trend of China's capital and production capacity "going global", give full play to its advantages over global industrial and supply chain resources, promote the coordinated development of electromechanical equipment import and export, and make greater contributions in providing active services and integrating into the new development pattern of domestic and international duel circulation.

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