On January 20, Tian Zheng, Member of the Party Committee and Chief Financial Officer of China Machinery Engineering Group Corporation (CMEC Group), met at the company’s headquarters with a delegation led by Huang Weixiong, Managing Director of the Institutional Banking Group, DBS Bank Limited. The two sides held pragmatic and in-depth discussions focused on cooperation for key overseas project financing initiatives.

Tian Zheng extended a warm welcome to Mr. Huang Weixiong and his delegation and expressed sincere gratitude for DBS Bank’s longstanding support. He noted that during the 15th Five-Year Plan period, CMEC Group will firmly anchor itself in its strategic positioning as a “technology-driven, specialized engineering company” and continuously enhance the core competitiveness of its overseas business. Highlighting DBS’s notable expertise in cross-border investment and financing as well as financial innovation, Tian expressed the hope that both parties will further broaden the scope of collaboration and explore innovative models in diversified project financing, cross-border financial services, and treasury management to achieve mutual benefit and win-win outcomes.

Mr. Huang Weixiong thanked CMEC Group for its trust and recognition, and introduced DBS’s extensive experience and innovative practices in financing services, trade finance, and cross-border operations. He emphasized that CMEC Group has demonstrated outstanding capabilities in large-scale industrial project execution, project investment and financing, and resource integration. DBS places high importance on this partnership and will fully leverage its global financial services strengths to provide comprehensive, customized financial support for CMEC Group’s “going global” strategy.

During the meeting, relevant business executives from both sides exchanged thorough views on strategic business development and priorities in overseas project pipeline advancement, effectively accelerating the implementation of key cooperative financing arrangements.

Senior representatives from the Institutional Banking Group, Project Finance Department, and Corporate Risk Management Department of DBS Bank Beijing Branch, as well as from CMEC Group’s Finance Management Department, attended the meeting.