On December 3, as a valued client of the Jiangsu Branch of China Export & Credit Insurance Corporation (Sinosure) in Jiangsu, Suntech was invited to attend the High-Level Forum on Jiangsu’s Trade Connectivity in the Belt and Road 2018, where it won the title of “Best Client for Comprehensive Strategic Cooperation” as presented by Sinosure.
The gathering included representatives from more than 200 companies, and the organizer of the forum shared the opportunities and risks faced by enterprises in overseas development. Additionally, there was a detailed discussion of the export-credit risks, complete with relevant case examples.
The photovoltaics industry has, since its inception, focused on overseas markets. Suntech began to develop its business in overseas markets in 2001. After 18 years of market development, its presence extends to more than 80 countries and regions worldwide. The cooperation between Suntech and Sinosure, too, has lasted for more than a decade. Thus, the title of "Best Client for Comprehensive Strategic Cooperation" was presented as a way to praise Suntech for its business expansion in overseas markets.
In 2019, Suntech will continue to strengthen its cooperation with Sinosure. While reasonably mitigating and controlling the risks in overseas business, Suntech will strengthen the exploration of overseas markets, increase its share of overseas exports and take positive, strategic steps toward the global market so as to achieve steady business development.