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The largest caprolactam producer and largest BOPP producer signed a comprehensive cooperation agreement with the Agricultural Bank of Fuzhou

 Last Update: 2022-08-22
 Source: Internet
 Author: User

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On March 6, Agricultural Bank of China Fuzhou Branch signed a comprehensive cooperation agreement with China Flexible Packaging Group Holdings Co.
, Ltd.
and Hengshen Holdings Group Co.
, Ltd.
respectively

Hengshen Holding Group is a modern enterprise group with two major industries of chemical fiber and chemical industry as the core, and also involves real estate, finance, investment and other industries.
It owns Shenyuan New Materials, Fubonte, Hengshen Synthetic Fiber, Li Heng Nylon, Lihom Dyeing and Finishing and many other chemical and chemical fiber production companies, the group's total output value exceeds 50 billion yuan

China Flexible Packaging Group Holdings Co.
, Ltd.
is the world's largest manufacturer of biaxially oriented polypropylene film (BOPP), and the only company in China that produces propylene from liquefied petroleum gas terminals, low-temperature propane storage tanks, propane dehydrogenation to propylene, polypropylene production, and polypropylene film.
It is composed of three-level full-industry chain production enterprises

The reporter learned that Fujian Zhongjing Petrochemical Co.
, Ltd.
, a subsidiary of China Flexible Packaging Group, is the largest polypropylene manufacturer in Fujian.
Polypropylene is the main raw material for the production of high-fat non-woven fabrics for masks.
The company urgently needs funds to expand production capacity

According to the agreement, Fuzhou Agricultural Bank will provide 3 billion yuan of intentional financial support for China Flexible Packaging Group and Hengshen Holding Group respectively, and help China Flexible Packaging Group to build an industrial upgrading group with high efficiency, strong market competitiveness and broad development prospects.
And Hengshen Holding Group upgrades the chemical fiber and chemical industries to build a world-class enterprise that leads the world

It is reported that in the future, both banks and enterprises will carry out comprehensive cooperation in financing services, cash management services, capital settlement cooperation, investment banking services, foreign exchange business services, enterprise annuity services, private banking services, personal financial services, and online financial services

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