On May 25^th, a ceremony was held in Shenzhen Skyworth Building for signing a cooperation agreement between Skyworth and CECIC. Liang Zizheng, manager and CFO of Skyworth Digital Holdings Co., Ltd and Yin Yanhui, general manager of CECIC signed on the agreement on behalf of the two parties, indicating the two parties will carry out deeper cooperation in the aspect of export service and trade.

        It’s reported that Skyworth will carry out an overall cooperation with CECIC in the businesses of LED TV, digital set top box, white goods and precise moulds. Liang Zizheng expressed that the signing of strategic cooperation agreement will be useful for Skyworth to improve its ability against risks, guarantee the security of capital, enhance the competitiveness in the international market and further expand the international trade scale of Skyworth color TV. Besides, the cooperation this time is also of great significance in speeding up the expansion of China’s color TV industry in the international market and participating in the international competition.

       On the signing ceremony, Yin Yanhui expressed, CECIC quite appreciated the research and development capacity, frontier technologies and overall operation of Skyworth. As the loyal partner and strong supporter of Skyworth Group, CECIC will coordinate Skyworth in building a management platform for overseas business risks and a platform for financial operation, thereby helping our national enterprise to become world top business.

       CECIC is the only policy insurance company engaged in the business of export credit insurance in China. Its main tasks are actively supporting the policies of China on foreign affairs, foreign trade, industries, finance, supporting the export of goods, technologies and investment through the means of policy export credit insurance, especially the export of capital goods like mechanical and electrical products which are of high technology and added value, and supporting Chinese businesses in overseas investment and providing a foreign exchange risk guarantee for the enterprise to expand into the overseas market.