Hong Kong: China Rongsheng Heavy Industries has signed a blanket insurance coverage agreement with China Export & Credit Insurance (SINOSURE).
According to the agreement, Sinosure will provide China Rongsheng Heavy Industries multiple insurance products and services, which includes insurance against buyer's breach of contract.
By securing more financial protection from the government for future new orders, this agreement will contribute to lowering the group’s operational risk and enhancing their overall competitiveness, Rongsheng said in a statement. [07/06/13]
