CITIC Bank Huzhou Branch Leadership Visits Youfu Co., Ltd. for Exchange and Discussion

(Source: UNIFULL)

On March 20th, Liao Yuanyuan, President of CITIC Bank Huzhou Branch, and a delegation visited Youfu Co., Ltd., and held a discussion with Guo Hui, Party Secretary and Chairman of Youfu Co., Ltd. The two sides exchanged in-depth views on deepening practical cooperation and promoting industry-finance integration. Wu Bin, Director of Nanxun District Financial Development Service Center, and Cai Wei, CFO of Youfu Co., Ltd., attended the meeting.

The CITIC Bank leaders first visited the company exhibition hall, where they gained a comprehensive understanding of the company’s development history, product applications, technological innovations, and core product R&D and application scenarios. They then toured the industrial silk and curtain fabric production workshops to observe the operation of production lines and onsite safety management, gaining a direct view of the company’s current production status and capacity assurance.

At the discussion, Guo Hui welcomed the delegation and introduced Youfu Co., Ltd.'s operations and industrial layout. He stated that as a leading enterprise in China’s high-performance fiber materials sector, Youfu Co., Ltd. consistently focuses on core businesses and niche markets, actively integrates into regional economic development, empowers industrial upgrading through technological innovation, activates growth momentum via management innovation, continuously cultivates new productive forces, and enhances core competitiveness and sustainable development capabilities. CITIC Bank Huzhou Branch has been deeply involved in local economic development for many years, with extensive business coverage and outstanding financial expertise. The two sides have established a solid cooperation foundation, and future collaboration prospects are very promising. Youfu Co., Ltd. looks forward to using this discussion as an important opportunity to further expand cooperation areas and deepen collaboration with CITIC Bank Huzhou Branch, strengthening regular exchanges and coordination in asset securitization, industrial investment, supply chain finance, and other fields, jointly setting a new benchmark for bank-enterprise cooperation to achieve mutual benefits and common development.

Liao Yuanyuan highly praised Youfu Co., Ltd.'s achievements in the new materials field. She stated that CITIC Bank always upholds the original mission of “serving the real economy and contributing to the nation through finance,” leveraging its full-license operation, comprehensive services, and international layout. The bank focuses on the development needs of high-quality real economy enterprises, providing tailored, all-encompassing financial solutions. Youfu Co., Ltd. has a solid industrial foundation, strong technological strength, and broad development prospects, making it a key strategic partner and core client for CITIC Bank. The Huzhou Branch of CITIC Bank will take this exchange as an opportunity to further align with the company’s actual financial needs, increasing support in credit limits, refined cash management, full-process risk control, green financial products, and professional services in capital markets. The bank will accelerate innovation in financial products and service models to help the company speed up its growth and achieve new successes.

Wu Bin, Director of Nanxun District Financial Development Service Center, stated that the district government will continue to optimize the business environment, build platforms for government-bank-enterprise connections, and promote precise financial resource support for the real economy. The in-depth exchange between CITIC Bank Huzhou Branch and Youfu Co., Ltd. is a vivid example of government-bank-enterprise collaboration supporting industrial development. He hopes that both sides will take this discussion as a starting point to further deepen mutual trust and gather development strength, expanding cooperation into more fields and at higher levels, creating a demonstration effect for bank-enterprise collaboration, injecting stronger financial momentum into the high-quality development of the new materials industry in Nanxun District, and jointly promoting high-quality regional economic and social development.

Deputy President of CITIC Bank Huzhou Branch, Tong Zhenhua, along with relevant personnel from the Risk Management/Compliance Department, Business Department, and representatives from Youfu Co., Ltd.'s Party and Administrative Office, Audit Department, and Finance Department attended the discussion.