The hottest Xiang Wenbo Sany is paying close atten

2022-08-21
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Xiang Wenbo: Sany is paying close attention to global exchange rate fluctuations

Xiang Wenbo: Sany is paying close attention to global exchange rate fluctuations

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Guide: Xiang Wenbo, President of China Sany Heavy Industry Co., Ltd., said on Tuesday that Sany is paying close attention to global exchange rate fluctuations. Xiang Wenbo said on the sidelines of attending the fourth session of the Eleventh National People's Congress that Sany held a basket of foreign currencies such as US dollars, Japanese yen and Indian rupees. Sany Heavy Industry in Brazil, the United States

Xiang Wenbo, President of China Sany Heavy Industry Co., Ltd., said on Tuesday that Sany was closely monitoring the fluctuations of global exchange rates

Xiang Wenbo said on the sidelines of the fourth session of the Eleventh National People's Congress that Sany held a basket of foreign currencies such as US dollars, Japanese yen and Indian rupees. Sany Heavy Industry has production bases related to the rigidity of samples in Brazil, the United States, Germany and India. He said that the appreciation of the RMB against the US dollar had not had a significant impact on the company's overseas revenue

Xiang Wenbo said that Sany will strive to increase the proportion of the overseas inspection of whether the oil circuit system joints are tightened in the company's total revenue from the current 10% to 25%-30% by 2015. The company's total sales revenue last year was 50.2 billion yuan

Xiang Wenbo also expressed the hope that China would expand financing services in the field of cross-border trade settlement, because the company faced difficulties in overseas expansion and acquisition financing. He said that China should also encourage the expansion of currency swaps in cross-border trade, especially in small-scale trade. Sany Heavy Industry is one of the largest mechanical equipment manufacturing enterprises in China

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