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Chinese high-tech company inks financial equipment purchase contract of about USD25.67 mln with Mexican financial institution

December 06, 2022


Abstract : Chinese high-tech firm GRG Banking Equipment Co., Ltd. (GRG Banking, 002152.SZ) announced that its subsidiary in Mexico GRGMX has signed a financial self-service equipment purchase contract valuing about 25.67 million U.S. dollars with the Mexican subsidiary of BBVA, a renowned bank based in Madrid, Spain, reported Shanghai Securities News Monday.

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People view the scenery in Hong Kong, south China, June 11, 2020. (Xinhua/Li Gang)

BEIJING, Dec. 6 (Xinhua) -- Chinese high-tech firm GRG Banking Equipment Co., Ltd. (GRG Banking, 002152.SZ) announced that its subsidiary in Mexico GRGMX has signed a financial self-service equipment purchase contract valuing about 25.67 million U.S. dollars with the Mexican subsidiary of BBVA, a renowned bank based in Madrid, Spain, reported Shanghai Securities News Monday.

According to GRG Banking, this is the second purchase order for financial self-service equipment received by GRGMX from the Mexican subsidiary of BBVA this year. GRGMX has been receiving equipment purchase orders and maintenance service orders from the company for many years.

The cooperation will help GRG Banking expand presence in Mexico and enhance brand recognition in the Americas and even the global market, says the company.

(Edited by Gu Shanshan with Xinhua Silk Road, gushanshan.1987@163.com)

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Keyword: Chinese company financial equipment

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