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Major media reports on Honghua‘s signing of US$400 million sales agreement with Russian customers during President Xi Jinping’s recent state visit to Russia

soruce:manager    click:3031    time:2013-07-30

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On?March?22,?2013,?Honghua?signed?a?partnership?agreement?for?the?production?of?heavy?duty?drilling?machines?in?Russia?with?Ural?Motor?Vehicle?Technology?Production?Group?and?VTB?Capital?Leasing?Co.,?Ltd.?in?the?presence?of?Mr.?Wang?Yang,?Deputy?Premier?of?the?State?Council?and?Mr.?Dmitry?Rogozin,?Deputy?Prime?Minister?of?Russia.?The?deal?was?completed?during?a?state?visit?to?Russia?by?Chinese?President?Xi?Jinping.?The?tripartite?agreement?called?for?the?joint?production?of?28?units?of?heavyduty?mobile?drilling?machines,?with?a?planned?production?value?of?about?US$400?million.?The?agreement?was?one?of?nine?economic?agreements?signed?between?China?and?Russia?during?the?meetings?between?Wang?Yang?and?his?Russian?counterpart?Dmitry?Rogozin.

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