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PSBC Signs Strategic Collaboration Agreement with Changhong
PSBC Signs Strategic Collaboration Agreement with Changhong2014-07-31

Postal Savings Bank of China (PSBC) signed a strategic collaboration agreement with the Changhong Electric Co., Ltd. on July 24, 2014. It’s the second time that the PSBC has signed a strategic collaboration agreement with Changhong since the one in 2009.

According to the agreement, the two sides will deepen their collaboration and the PSBC will provide Changhong with all-round industry chain financial services, in addition to the traditional financial services provided before.

First opened in 1958, Changhong brand has around 60 years of history and has been the No.1 best selling TV manufacturer in the Chinese market for the last 17 years.One-third of Chinese families use a Changhong TV.

With the rapid development in recent years, Changhong has transformed itself into an integrated multinational corporation (combined R&D and manufacturing of military industry, consumer electronics, core components, etc.) and has been advancing to become a worldwide content and service provider. Now Changhong is one of the top 500 global enterprises.

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