On September 15, General Manager Zheng Yuntao from the Head Office of Industrial and Commercial Bank of China (ICBC) and Vice President Nie Jing of ICBC Zhejiang Branch, accompanied by Xie Xiangjun, President of ICBC Yongkang Sub-branch, visited Buyang Group. Xu Jingjun, General Manager of the Group, exchanged views on the layout of the healthcare industry and overseas market expansion. ICBC stated that it will inject new momentum for Buyang Group and pave the way for its global expansion with targeted financial services.
With more than 30 years of deep cultivation in the manufacturing industry, Buyang Group has built an industrial matrix covering five major sectors: door manufacturing, lock manufacturing, turbine, real estate and healthcare. In 2025, "Yunqiyuan", the healthcare brand under Buyang, was officially launched. An international research team led by Professor Michael Levitt, Nobel Laureate in Chemistry, was established, marking the enterprise’s strategic extension from "protecting family safety" to "safeguarding personal health". Meanwhile, overseas sales of Buyang’s turbine business account for over 90% of its total revenue, with products exported to more than 100 countries and regions worldwide.
At the forum, ICBC made it clear that it will offer innovative support for Buyang Group’s layout in the healthcare track. To meet the demands of research investment and market expansion of Buyang’s "Yunqiyuan" brand, ICBC will tailor a comprehensive financial solution covering R&D and production links, nurturing new growth drivers for the healthcare industry with financial support.
In terms of overseas market expansion, Buyang Group has accumulated channel experience in the ASEAN market, and its high-quality hardware products have earned a good reputation in Southeast Asia. ICBC noted that it will give full play to its global network and cross-border financial service advantages to build a financial corridor for the enterprise to "go global". It will precisely match Buyang Group’s needs for overseas channel expansion and provide full-chain services ranging from cross-border settlement and trade financing to exchange rate risk hedging.
Xu Buyun, Chairman of the Group, said that the financial empowerment from ICBC has strengthened the enterprise’s strategic investment in manufacturing upgrading and globalization. Buyang will continue to stick to the real economy and work together with ICBC to create a new win-win situation for the bank and the enterprise.