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On May 19th, 2011, China National Automotive Group Co., Ltd. and the Liaoyuan Municipal Construction Group Co., Ltd. car loan ceremony was held in Liaoyuan City, Jilin Province. Song Qidong, Chairman of China National Heavy Duty Trucking Co., Ltd. and Liaoyuan Municipal Construction Group Co., Ltd. The Chairman of the Board, Cui Yan, and Chang Peilong, Chairman of the Board of Directors of the Huangye Weiye Commerce and Trade Co., Ltd. Huang Peiyong and the Secretary General of the Liaoyuan Municipal Government attended the handover ceremony.
Heavy truck consumer loans are the trend of automobile sales. The successful cooperation of 20 heavy truck loans is the first single car finance business of China National Heavy Duty Truck Group in Jilin Province. We hope that through the cooperation of both parties, the exchanges between the two places will be enhanced and the economy of Liaoyuan City will be improved. The construction will provide greater support. It is also expected to pass the automobile consumer credit business of the Liaoyuan Municipal Construction Group to spread Sinotruk's auto finance business throughout Jilin.
The cooperation between China National Heavy Duty Truck Finance and Auto Finance and Liaoyuan City is also the first step in the implementation of the second venture plan for the financial company.