Baoxin Auto Received the Best Regional Renminbi Solution Award in The Asset Triple A Awards 2014

Aug 07, 2015 13:15 JST

Source: Grand Baoxin Auto Group Limited

HONG KONG, Aug 07, 2015 - (ACN Newswire) - Baoxin Auto Group Limited, a leading luxury 4S dealership group in China, is honored to receive the Best Regional Renminbi Solution Award in "the Asset Triple A Awards 2014" hosted by The Asset, a prestigious finance magazine. This Award is a preeminent recognition for outstanding listed corporations in Asia-Pacific region who have achieved outstanding operational efficiency at managing working capital. The assessment is mainly based on information disclosure by the company and the feedback from cooperating financial institutions. The Best Regional Renminbi Solution Award not only focuses on company's efficiency via centralization in liquidity management, but also strongly emphasizes how opportunities stemming from new themes and regulations have been seized, especially in the internationalization of Renminbi.

The Asset is established in 1999 and it is a famous English finance magazine distributed monthly in Asia and Hong Kong. Its contents cover information about Asia's capital market, asset management, and private banking etc. Its target readers are mostly senior managements from international corporations, investment banks, commercial banks, securities companies, financial institutions and industry-related consulting firms. The annual Triple A Awards nominates candidates from Asia's financial institutions like commercial banks and investment banks and has high recognition and authority in Asia and international financial market.

This achievement is another international award received by the company in cash management after highly commended for the Best Cash Management in Tao Zhu Gong Award 2014 hosted by Eurofinance. This fully reflects international finance and business field's general appreciation and good evaluation of Baoxin Auto Group.

Source: Grand Baoxin Auto Group Limited
Sectors: Daily Finance, Automotive