On June 25th, the Syndicated Loan Promotion Conference of Zhejiang Hailiang Co., Ltd. was held at Hailiang Business Hotel. ANZ Bank was the exclusive leading bank for the syndicated loan. Meanwhile, Industrial and Commercial Bank of China, The Export-Import Bank of China, China Merchants Bank, Shanghai Pudong Development Bank, Ping An Bank, China Minsheng Bank, BNP Paribas, The Bank of East Asia, Hang Seng Bank, Intesa Sanpaolo Bank, Chiyu Bank and DBS Bank participated in the conference.
At the conference, Fan Xiaoxia, vice manager of ANZ Bank Shanghai Branch, noted that ANZ Bank has maintained a good cooperation relationship with Zhejiang Hailiang for a long time, and will actively coordinate the communication between banks and Zhejiang Hailiang and promote the various processes of the syndicated loan. Zhu Zhangquan, chairman and general manager of Zhejiang Hailiang, extended a warm welcome to representatives attending the conference and gave a detailed introduction to the basic situation of Zhejiang Hailiang. Zhu Zhangquan said that Zhejiang Hailiang has promoted its global strategic layout as planned. After acquiring all the copper rod business and partial copper tube business of KME, it has basically formed the global overseas layout. Under the favorable environment of industrial structure, market demand and national policy, Zhejiang Hailiang set up ‘The 2025 Strategic Target’ of production and sales exceeding 2.28 million tons and sales revenue exceeding 100 billion CNY.
Afterwards, Chen Dong, chief financial officer of Zhejiang Hailiang, made a comprehensive elaboration on the following five aspects: “Hailiang Group Introduction”, “Zhejiang Hailiang Introduction”, “KME M&A Introduction”, “Major Investment Consideration” and “2025 Strategic Target”. At the conference, both banks and enterprise conducted in-depth exchanges on relevant issues.
After the conference, representatives of the banks jointly visited Zhejiang Hailiang coil production workshop and the intelligent workshop of copper pipe fittings. The representatives said that after on-site understanding of Zhejiang Hailiang, they felt deeply that it is a powerful, distinctive and ambitious copper processing enterprise, and are looking forward to long-term cooperation in the future.
Ma Lanying, vice general manager of Hailiang Group Finance Company, Qian Ziqiang, secretary of Zhejiang Hailiang Board of Directors, Jiang Limin, general manager of Zhejiang Hailiang Procurement Center and vice director of its financial department, and Zhang Haiping, vice minister of Zhejiang Hailiang Procurement Management Department, attended the conference.