Vice president of CIMC accompanied Secretary Ma Xingrui on a visit to Malaysia

Ma Xingrui (6th from left) led Shenzhen delegation for an inspection tour, in which vice president Yu Ya (1st from left) took part

Major officials of Shenzhen, Chinese entrepreneurs, Malaysian Prime Minister’s Special Envoy to China and senior officials of Ministry of International Trade and Industry gathered at the “working breakfast meeting” held at Shangri-La Hotel Kuala Lumpur on the morning of May 26. Yu Ya, vice president of CIMC, seized the chance to present an overview of CIMC and its business operations in southeast Asia to the guests of two countries after CIMC Offshore was introduced to Malaysian Prime Minister’s Special Envoy by Ma Xingru, deputy secretary of Guangdong provincial party committee and secretary of Shenzhen municipal party committee.

The relaxing event marked the beginning of Secretary Ma Xingrui’s visit to Malaysia. As one of the five “Go Global” enterprise representatives in Shenzhen, CIMC, Huawei and BYD accompanied Secretary Ma Xingrui throughout the journey and got a few chances to present themselves.

To implement national strategy of “One Belt On Road” and build Shenzhen into a modern international innovative city, Secretary Ma Xingrui led a delegation on a visit to Indonesia and Malaysia between May 23 and 28 under the approval of the Central Government and provincial party committee. It was for the first time that Ma Xingrui had led a delegation heading abroad since he served as secretary of Shenzhen municipal party committee.

For CIMC, it is of great significance to seize this opportunity to expand its presence in southeast Asia and emerging markets and forge close ties with the governments of southeast Asian countries. Entrusted by CIMC CEO and President Mai Boliang, vice president Yu Ya attended relating activities of Shenzhen and delivered a keynote speech, which won widespread acclaim in Shenzhen and Malaysia.

CIMC – Sample of Shenzhen “Go Global”

During the visit, Ma Xingrui met government officials of both countries and Chinese ambassadors, talked with relevant department heads, industrial and commercial elites and entrepreneur representatives, attended the Economic and Trade Cooperation Conference and discussed joint construction of industrial parks and projects in Indonesia and Malaysia so as to facilitate all-round and multi-level cooperation between Shenzhen and the countries and regions along “One Belt One Road” and bring into full play the strategic and pivotal role of Shenzhen Special Economic Zone during the construction of “One Belt One Road”.

The success of Shenzhen is attributed to its high level of marketization. CIMC is without doubt the representative of highly marketized Shenzhen-based enterprises. Thanks to the forward-looking vision, CIMC has its business operations in southeast Asia. In Malaysia, CIMC pallets sell well for years, and a small innovation of logistic technology has brought a standardized logistic revolution for this country; the three jack-up drilling rigs built by CIMC Offshore have brought Malaysia “national key equipment”; CIMC Enric and one Malaysian enterprise are involved in a joint bidding for the project of “relating equipment of CNG replenishing station”.

In Thailand, CIMC Vehicles (Thailand) Co., Ltd. has operated for over a decade to serve the entire southeast Asia; in 2014, CIMC’s first overseas yard project was finalized at Thailand’s biggest port-Laem Chabang Port. In Singapore, CIMC-Tianda completed the acquisition of Deli International to further complement its airport equipment business. In Indonesia, CIMC Enric built the world’s first CNG carrier for PLN.

CIMC plays a leading role in Malaysian business operations among Shenzhen-based enterprises

On that afternoon, “China (Shenzhen)-Malaysia (Kuala Lumpur) Economic and Trade Cooperation Conference” took place at Intercontinental Kuala Lumpur, which was the top agenda for Shenzhen delegation. The event was attended by Chinese Ambassador to Malaysia Huang Huikang, president of Malaysia-China Chamber of Commerce Datuk Ter Leong Yap, No.2 Minister of International Trade and Industry (Malaysia) Ong Ka Chuan and Secretary Ma Xingrui, and they gave speeches one after another. The conference was chaired by deputy secretary general of Shenzhen municipal party committee Li Xinwei and attended by more than 430 people.

This event was co-hosted by Shenzhen municipal government, Economy, Trade and Information Commission of Shenzhen Municipality and the Chinese Chamber of Commerce and Industry of Kuala Lumpur and Selangor and received full support from Malaysian Ministry of International Trade and Industry, the Embassy of the People’s Republic of China in Malaysia, Malaysia-China Business Council and Malaysia-China Chamber of Commerce.

Vice president Yu Ya made a keynote address titled Industrial Cooperation & Win-win Development on behalf of CIMC. At the signing ceremony, Gao Shang of CIMC Offshore and Malaysian clients signed the agreement of intent valued at 200 million USD.

Yu Ya began his speech with an introduction of CIMC’s pallet and offshore business in Malaysia as well as business operations of CIMC’s Vehicles, Energy, Chemical, Airport, Logistics and other segments in southeast Asian countries like Thailand, Indonesia, Singapore. He seized the opportunity to highlight CIMC’s modular building and airport EPC capability. He closed his speech by casting a positive prospect over the cooperation between Shenzhen and Malaysia, which echoed Ma Xingrui’s call for deepened cooperation.

It should be noted that CIMC was the only enterprise representative to be given the opportunity to deliver a keynote speech at the event, which gathered 30 plus Chinese enterprises and nearly 300 Malaysian ones. Yu Ya’s speech fully showed to the attendees CIMC’s company image and the strong influence of CIMC’s Offshore, Enric, Modular Building, Airport Equipment on Malaysian politics and business, offering them new insights into CIMC and Chinese enterprises.

After the meeting, a lot of Malaysian enterprises came to CIMC’s delegation, expressing their intent for further business cooperation with CIMC. They were received by Ma Tianfei, manager of Public Affairs Department, President Office, CIMC. CIMC’s delegation also paid a visit to clients in Malaysia and Country Garden project.

This conference drew immense attention of Malaysian and Chinese media, which was covered by scores of media agencies at home and abroad, e.g. China Daily, Nanyang Business, Sin Chew Daily, The Star, New Straits Times, Business Times, The Sun, Malay Mail, etc.