Helenz and the United States Terex signing

The economic results of U.S. President Trump's visit to China this week started to surface. Xuzhou Helenshe Special Purpose Vehicle Co., Ltd. (300201.SZ) announced on Thursday morning that while Trump was visiting China, he was working with Terex Utility Equipment Co., Ltd., a subsidiary of US Terex (TEX.N) The company signed a strategic cooperation agreement, co-production within three years 5,000 aerial vehicles, sales of about 5 billion yuan.

The announcement said both parties also agreed to cooperate in the development of Terex utilities equipment related products in the Chinese market. The two companies will work together to identify potential customers, expand sales and leasing of related products, expand the use of related products to enter new markets, and educate potential customers on safety practices for power line workers.

Trump arrived in Beijing from South Korea on Wednesday afternoon and will stay in Beijing for two nights.

Helenzler said the cooperation with Terex Utility Equipment Co., Ltd., the company's current main business area, will help enhance the company's overall competitive advantage and sustainable development capability in the aerial platform market, Business continued healthy development. However, the signing of this contract, the company's operating revenue in 2017, net profit and other operating results and production and operation does not have a significant impact.