Fayat Group and Jiangsu Communications Holding Deepen Strategic Cooperation
2026-07-07 14:57
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en.Wedoany.com Reported - Mr. Paul Hense, President of the Road Equipment Division of Fayat Group, visited Jiangsu Communications Holding Co., Ltd. (referred to as "Jiangsu Communications Holding") on July 1, holding discussions with Mr. Wang Xianzheng, Secretary of the Party Committee and Chairman of Jiangsu Communications Holding, and his management team. Both parties reached broad consensus on deepening their comprehensive strategic partnership.

Ms. Bo Xinyan, Executive Director of Fayat Group China; Mr. Wang Xiangjun, Deputy General Manager of Marini China; Mr. Lu Yong, Sales Director of Marini China; Mr. Zhang Jingtao, Sales Director of Dynapac China; Mr. Shi Junlong, Marketing Director of Dynapac China; Mr. Fu Tao, Sales Director of BOMAG China; and Mr. Guan Hui, Marketing Director of BOMAG China, along with Ms. Yu Lanying, Member of the Party Committee and Chief Accountant of Jiangsu Communications Holding; Mr. He Huawei, Director of the Development and Reform Department; Ms. Zhou Lili, Director of the Financial Management Department (Financial Management Department); Mr. Zhou Baiqing, Secretary of the Party Committee and Chairman of Jiangsu Financial Leasing Co., Ltd. (referred to as "Jiangsu Financial Leasing"); Ms. Liu Qiyun, General Manager of Jiangsu BNP Paribas Agricultural Science Professional Subsidiary; Mr. Yin Lixi, General Manager of the Market Department of Jiangsu Financial Leasing; and Mr. Zhao Ming, Assistant General Manager of the Engineering Machinery Department of Jiangsu Financial Leasing, attended the meeting.

Mr. Wang Xianzheng recalled that over a month ago, he led a delegation to visit Fayat Group's Ermont company and manufacturing plant in France, where both parties signed a strategic cooperation agreement. Fayat Group and Jiangsu Communications Holding have long cooperated in the fields of transportation construction and industrial finance, achieving significant results. In the next phase, both parties plan to build a comprehensive strategic partnership from three aspects: first, leveraging Marini's existing market of over 700 asphalt mixing plants in China to select high-quality customers and provide special credit lines and one-stop services; second, summarizing the cooperation experience with Marini to accelerate the establishment of direct strategic cooperation with Dynapac and BOMAG; and third, exploring overseas layouts, collaborating in areas such as new energy road construction equipment, intelligent remote operation and maintenance, and overseas infrastructure under the "Belt and Road" initiative, achieving mutual empowerment both domestically and internationally.

Mr. Paul Hense stated that Fayat Group possesses synergistic innovation advantages in the three major markets of China, the European Union, and the United States, along with technical strength, complete solutions, and extensive global engineering application experience. Fayat looks forward to leveraging the development opportunities of the "Belt and Road" initiative with Jiangsu Communications Holding to jointly explore overseas markets. On the technical front, Fayat Group, relying on the product matrix of brands such as Marini, BOMAG, and Dynapac, has long dominated the high-end market competition and places high importance on green and low-carbon concepts, practicing environmental protection throughout the product lifecycle and continuously developing energy-saving equipment to support Jiangsu Communications Holding's low-carbon process.

In the field of financial cooperation, the synergy between Jiangsu Financial Leasing and the brands of Fayat Group's Road Equipment Division has been significant. Both parties have provided integrated financial service solutions for the procurement and project construction of Marini asphalt mixing plants, facilitating the implementation of 37 new units with no overdue records.

Ms. Bo Xinyan, Executive Director of Fayat Group China, introduced the "One Fayat" strategic concept, stating that Fayat China will provide a more coordinated one-stop service for the entire road lifecycle. In the future, Fayat China will further deepen cooperation with Jiangsu Communications Holding and Jiangsu Financial Leasing, explore overseas markets, focus on the green and intelligent construction of transportation infrastructure, align equipment technology advantages with Jiangsu Communications Holding's application scenarios, and achieve mutual empowerment.

Fayat Group is the largest family-owned enterprise in France, with businesses covering construction, metals, road construction, and energy. As an independent multinational group, it operates in 170 countries and has 249 subsidiaries. Fayat Group's Road Equipment Division, through brands such as Marini, Dynapac, and BOMAG, provides one-stop solutions covering the entire road lifecycle. Jiangsu Communications Holding, established in 2000, is the main channel for investment and financing of key transportation infrastructure in Jiangsu Province, the main platform for expressway network operation and management, and the main front for cultivating new quality productive forces in transportation. The company manages over 5,500 kilometers of networked expressways in the province, oversees 35 enterprises and institutions, and owns three listed companies: Jiangsu Expressway, Jiangsu Financial Leasing, and Tongxingbao. With 26,000 employees and total assets exceeding 1 trillion yuan, it achieved full-caliber revenue of 108.4 billion yuan and total profit of 21.1 billion yuan in 2025, maintaining profits exceeding 10 billion yuan for twelve consecutive years.

This meeting solidified the strategic partnership between Fayat Group and Jiangsu Communications Holding. Both parties believe that under the trend of green and intelligent transportation infrastructure development, their advantages are highly complementary, offering broad cooperation space. Looking ahead, Fayat will consolidate the technical strengths of its Road Equipment Division brands, deeply synergize with Jiangsu Communications Holding in technology, branding, scenarios, and capital, continuously expand the breadth and depth of cooperation, and jointly build a model of industrial synergy between China and the European Union, exploring new models and pathways for the high-quality development of global transportation infrastructure.

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