Delta (Tianjin) Supply Chain Financial Service Limited Established in Tianjin Economic-Technological Development Area

Oct 29, 2010, 09:00 ET from Tianjin Economic-Technological Development Area

TIANJIN, China, Oct. 29 /PRNewswire-Asia/ -- On October 26th, A ceremony celebrating the founding of Delta (Tianjin) Supply Chain Financial Service Limited was held in the Tianjin Economic-Technological Development Area. Development Area Party Organization secretary and Administrative Committee director He Shushan; China Export & Credit Insurance Corporation, Tianjin branch general manager Bai Lixing; TEDA Administrative Committee vice chairman Ni Xiangyu; and UK-based Three Delta LLP principal Paul Taylor, executive chairman Jonathan Harfield, CEO Lionel Taylor, and Asia area director and general manager Huang Mingzhong were all present at the event.

During his speech, He Shushan remarked, "I am pleased to be able to participate in the ceremony celebrating the founding of Delta (Tianjin) Supply Chain Financial Service Limited. This enterprise's investors, Three Delta, have a very good reputation in the industry as well as abundant management experience. Their choice of the Tianjin Economic-Technological Development Area as a site for investment represents a significant acknowledgement of the Tianjin Development Area as a great environment for investment. The Tianjin Development Area will continue, as always, to provide enterprises with excellent service and create a hospitable environment for the development of the Area's financial sector. TEDA hopes that Delta (Tianjin) Supply Chain Financial Service Limited will experience continuous, rapid growth and contribute to the development the financial and export sectors in Tianjin and the greater Bohai Economic Circle."

Delta (Tianjin) Supply Chain Financial Service Limited and its parent company Delta Trade Finance are both subsidiaries of Three Delta. Three Delta is located in London, England, and the group has over 23,000 employees worldwide. The company's primary areas of operation include international trade and finance, as well as real estate investment.

After its establishment, Delta (Tianjin) Supply Chain Financial Service Limited will focus on financial services, providing China-based export enterprises with comprehensive services including purchase, management, collection, and recovery of accounts receivable, risk management, and credit checks.

SOURCE Tianjin Economic-Technological Development Area