Marine Vessels building



Marine export layout In recently years, The company expands its business in the import and export of domestic and  overseas industrial products ,especially emphasizing on the exporting of marine vessels and large size of complete equipment. In 1992, our marine vessels export was only 2 million US dollars , but it reached 10 million US dollars in 1995 and 25 million US dollars in 1996. This year see a great gape in the export of marine vessels, which reaches 60 million US dollars. A contract of 120 million US dollars with Germany is at hand in 1998. Besides, in the past decades, the company work cordially with many financial departments and win their support by the company's good credit records. Among those are Bank of China, Industrial and Commercial Bank of China, China Construction Bank and China Import & Export Bank. Solely in the export of marine vessel in 1995, the company got a long term and low interest loan from China Import & Export Bank at the amount of R.M.B420,000,000.   (it is equivalent to USD50,000,000.00)

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(c)1998 Hubei Machinery & Equipment Import & Export Corporation.