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HANGZHOU, China /June 23, 2017 On Friday, June 9th, 2017, Dahua Technology and the China Export & Credit Insurance Corporation (SINOSURE) Zhejiang branch signed a 5-year strategic partnership agreement. Dahua Chairman, Mr. Fu Liquan, and SINOSURE Zhejiang Party Secretary and General Manager, Mr. Hu Yongju, represented their organizations in signing the agreement. With the agreement, SINOSURE will take advantage of its strengths and impact as a national policy-oriented insurance organization to provide Dahua with financial policy support and safeguard for the expansion of its domestic and international trade and projects, resulting in a revamped and upgraded company development.
Mr. Fu Liquan and Mr. Hu Yongju
SINOSURE is a state-funded policy-oriented insurance company which supports Chinese foreign trade and cooperation, and has over 15 years of industry experience. Dahua Chairman, Mr. Fu Liquan expressed that Dahua will utilize export credit insurance as an important financial tool in driving the transformation and improvement of its company development. In choosing SINOSURE as its strategic partner, Dahua hopes that the former will continue to utilize its superiority to provide Dahua with more powerful insurance and financial support as it “goes global.”
SINOSURE Zhejiang branch Party Secretary and General Manager, Mr. Hu Yongjun stated that Zhejiang SINOSURE has continually attached importance to the strategic expansion of Dahua, as well as its pace of “going global”. During their cooperation, SINOSURE will actively provide Dahua with various insurance products and services such as short-term export credit insurance and overseas investment insurance, generating an all-around improvement of Dahua’s credit risk management capabilities.
Mr. Fu Liquan, Mr. Michael Chen and the ECA Representatives from the BRICS Countries
SINOSURE selected Dahua to observe one of the most important parts of the 3rd Annual BRICS Heads of ECAs Meeting, clearly portraying its acknowledgement of Dahua. During the meeting, Mr. Michael Chen briefly introduced Dahua and its strategic cooperation with SINOSURE. Michael mentioned that globalization has been Dahua’s most important deployment strategy over the past few years. Only through digging into and taking root in markets can Dahua better service customers and better guarantee safety of the society. Meeting guests conveyed their full interest towards advanced 4K, IoT, and AI technologies, as well as its Intelligent Building, Safe City, Smart Parking Management, and Retail solutions.