Jiangsu Branch Export International Bank: Actively Support The Metal Processing Industry Globally
Magnesium is an ideal lightweight material. Magnesium-based alloys have excellent application performance. It is widely used in automotive parts, 3C products, biomedical products, aerospace, building materials and other fields, and is also a novice in our country. Lightweight development in the energy vehicle industry has received critical and important support.
However, in the process of further expanding the international market, capital demand for magnesium metal processing and manufacturing enterprises is also increasing. In order to help enterprises relieve financial pressure, the Jiangsu Branch of China Export International Bank (hereinafter referred to as "Jiangsu Railway Bank") took the initiative to establish contact with relevant enterprises and provided a series of policy-based financial export seller credit and foreign trade enterprise development loans The production and operation of other products and the expansion of domestic and foreign markets provide strong financial support.
Baowu Co., Ltd. (hereinafter referred to as "Baow") is a high-tech enterprise, a single chip enterprise in the manufacturing industry that can integrate mining, non-ferrous metal materials and deep processing products. This is also a global leader in the magnesium industry, and the production and sales of magnesium alloys have been the world's leading position for many years. While deepening its domestic market, Baowu magnesium industry has also shifted its attention to overseas markets such as Southeast Asia, the Middle East and Europe, and has actively expanded its international business sector. To further support enterprises to accelerate their internationalization, Jiangsu Kuchang () has increased a lot of policy-based credit funds to the Baowu Magnesium industry since 2024 to help its export business develop.
In the next step, Jiangsu Holdings Company will continue to play a leading role in policy financing, provide strong support for my country's manufacturing products exports with better policy and financial services, and continue to contribute new vitality and impetus to the high-quality development of Jiangsu foreign countries. trading.
