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Dalian Insulator Group Co Ltd Signs Strategic Cooperation Agreement with Liaoning Branch of Bank of China


Monday, 24 Jun 2013 08:00pm EDT 

Dalian Insulator Group Co Ltd announced that it has signed a strategic cooperation agreement with Liaoning Branch of Bank of China, on June 21, 2013. Dalian Insulator Group will treat Liaoning Branch of Bank of China as long-term business partner. Liaoning Branch of Bank of China will take the Company as one of the main customers and provide financial service for the Company. Liaoning Branch of Bank of China will provide credit lines of RMB 1 billion to the Company in three years, including credit lines of up to RMB 600 million in the first stage of the strategic cooperation. The Company's subsidiaries will also treat Liaoning Branch of Bank of China as first business partner for financial affairs. This strategic cooperation agreement will be valid for two years. If both of the companies have no objection, the agreement will expand for two more years. 

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31 Jul 2014