Hanchuan Yabei Children's Products Co., Ltd. and Turkmenistan merchants signed a large export order for baby carriages. Huang Xuguang, chairman of the company, said with emotion: “This 2 million dollar order can be signed down. We would like to thank Xiaogan Bank, and we must also thank the country’s “Belt and Road†initiative. Big strategy."
Hanchuan Yabei Children Products Co., Ltd. is a baby stroller manufacturing company whose products are mainly exported overseas. In recent years, the company has closely followed the national “One Belt and One Road†strategy and successively established sales networks in countries such as Uzbekistan and Kazakhstan. The business has shown rapid development. At present, the company's child stroller products have a market share of more than 50% in Uzbekistan and have become the leading market in the local market.
When talking about the Central Asian market, Huang Xuguang said: "In the past, baby carriages exported to Central Asia were mainly transported by roads. They were inefficient and costly. Selling products like roadside vendors was not a hard one; now we use the Han-Europe Railway. Class transportation products are quick and cheap, and the Chinese embassy has taken the initiative to serve us. Wherever we go, we are elated and the environment is good. The countries along the Silk Road are gold everywhere."
At the beginning of this year, Huang Xuguang once again seized business opportunities and prepared to set up sales centers in Turkmenistan and Turkey to open up new markets. However, he suffered from a shortage of funds and was ready to give up. After hearing about this news, Xiaogan Bank quickly set up a special work class and linked up with the Bank of Turkmenistan Bank of China to tailor-make credit programs for the company. With the Bank's overseas advantages, it completed credits of 13 million in only 20 working days.
In early May, the sales center in Turkmenistan was built. Because the company’s products are inexpensive, it quickly opened up the local baby carriage market. At present, the contract orders in Turkmenistan and Turkey have exceeded 3 million U.S. dollars. It is estimated that the company's baby car exports will reach 20 million U.S. dollars in 2017.
It is reported that in recent years, Xiaogan's Bank of China has been actively connecting with the national “One Belt and One Road†strategy, giving full play to its advantages in internationalization and diversification and actively supporting SMEs to go abroad and open up the “Belt and Road†to participate in the national market. So far, the bank has supported 12 small and medium-sized enterprises to go out and the credit amount reached 130 million yuan.
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