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

By Tianjin Economic-technological Development Area, PRNE
Thursday, October 28, 2010

TIANJIN, China, October 29, 2010 - 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.

Wang Qian, +86-22-2520-1567, wangqian at teda.gov.cn

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