On July 23rd, the "Huijin Tongmao Gongtuoxin Bureau" Changsha Foreign Trade Enterprise Financing Matchmaking Conference, hosted by the Changsha Municipal Bureau of Commerce and the Changsha Municipal Financial Office, was successfully held. The collaboration between government, banks, and enterprises aims to break through the financing bottlenecks of foreign trade enterprises and help them set sail overseas. Yuan Zhao, Deputy Secretary General of Changsha Municipal Government, Wu Zhaoshu, Director of Changsha Municipal Bureau of Commerce, Xiao Han, Deputy Director of Changsha Municipal Financial Office, and other leaders attended the meeting. Sun Chunhua, Deputy Director of Changsha Municipal Bureau of Commerce, presided over the meeting. The docking meeting yielded fruitful results, with 7 companies signing contracts with banks on site and a total credit limit of 2.075 billion yuan. ZMEV LIMITED, as a leading enterprise in the field of new energy vehicles going global in Changsha, was invited to attend.

At the event, representatives from multiple foreign trade enterprises and financial institutions conducted project docking and negotiations on cross-border trade financing, export credit insurance, and enterprise overseas services. Among them, ZMEV LIMITED has successfully signed a financial credit project with CITIC Bank Changsha Branch, marking that both parties will further deepen their strategic cooperation in the field of supply chain finance.

At the meeting, Hu Mingyong, Vice President of ZMEV LIMITED, introduced that the company focuses on the African market and has established a full industry chain layout: the ride hailing business has deployed over 300 vehicles in multiple countries, and the operational scale will continue to expand within the year; The first microcar Z6 targeting the African market has recruited nearly 10 dealers; Kenya and Gabon SKD factories have been completed and put into operation, while Saudi Arabia/Egypt factories have entered the planning stage; The construction of pre warehouses in Dubai is also progressing in an orderly manner. In response to the funding needs for overseas business expansion, Hu Mingyong proposed three financing demands, including overseas vehicle asset leasing, supply chain finance rolling credit under trade, and project loans for overseas factories.

The solution to the financing problem is not a one-day effort, it requires the continuous efforts and long-term efforts of the government, banks, and enterprises, "said the relevant person in charge of the Municipal Bureau of Commerce. This docking meeting is of great significance to ZMEV: on the one hand, through the government's bank enterprise docking platform, enterprises can directly connect with banks and other financial institutions, and obtain customized financing solutions; On the other hand, the cooperation also provides strong financial support for the company's overseas expansion, accelerating its layout in the African and Middle Eastern markets.