Building on 47 Years of History While Accelerating Global Expansion

At the beginning of the meeting, Mr. Wu Jianlin, Vice President of Sichuan Hejia introduced the history of Hejia. Since its establishment in 1979, Sichuan Hejia has grown into a diversified private enterprise operating across multiple regions and industrials. Its core businesses include machinery manufacturing, seed industry, and gold mining and other sectors. The machinery manufacturing focus on three key product areas: Vehicle inspection equipment and intelligent transportation system, automotive engine camshafts and large-diameter valves, all of which participate in the formulation of relevant national standards. Currently, 60% of Sichuan Hejia’s automotive parts are exported overseas. In October 2024, Sichuan Hejia established its Overseas Business Division and registered a company in Hong Kong, planning to build an overseas headquarters platform integrating trade settlement and industry-related financial services. Sichuan Hejia will adhere to the “two-track” overseas expansion strategy: first, promoting the globalization of its own industries; and second, building a platform to help upstream and downstream Chinese enterprises jointly expand into overseas markets.

Wu Jianlin, Vice President of Sichuan Hejia

Hong Kong: An Ideal Platform for Capital and Trade

Gan Shanli, Director of Invest Hong Kong introduced Hong Kong’s unique advantages as a platform for enterprises to go global. With a corporate profits tax rate is only 16.5%, no foreign exchange controls and the free movement of capital, making it an ideal global center for capital settlement and trade management. Enterprises that meet the qualifications of a treasury center can enjoy a halved tax rate of 8.25%, with related preferential policies scheduled for further implementation in June 2026. He highlighted the strength of Hong Kong in higher education and innovation, noting that the city is home to five of the world’s top 100 universities, supported by an established research collaboration ecosystem, has a mature mechanism for scientific research cooperation, and is rapidly developing its commodities trading and new energy infrastructure. He added that Invest Hong Kong can assist Sichuan Hejia in connecting with research and industry resources related to testing and certification, new energy and gold trading.

In response to challenges such as insufficient local US dollar reserves in Nigeria, long cross-border settlement cycles, and high transaction costs, Pang Yi, Deputy Director of Invest Hong Kong, suggested that Hong Kong has mature fintech companies capable of providing compliant and efficient cross-border payment services with settlement achievable within seconds. He also pointed out that Hong Kong financial authorities are advancing cross-border settlement solutions, including the digital RMB, which are expected to significantly reduce corporate transaction costs.

Gan Shanli, Director of Invest Hong Kong

Nigeria Projects Advance Steadily, Creating a Model for China-Africa Cooperation

Regarding the progress of overseas projects, Ms. Amelia, Deputy Director of Sichuan Hejia Overseas Business Division, gave a focused introduction to the Group’s market layout in Nigeria. Since the first inspection in October 2024, we have established close collaboration with strong local partners. In 2025, several groups of guests, including National Automotive Design and Development Council (NADDC), were invited to visit China in batches, touring the entire automotive industry chain in China and signing memorandums of cooperation.

At present, Sichuan Hejia has signed a project memorandum with VIS to promote the development of in-use vehicle inspection and intelligent traffic platforms.

Productive Discussions Between Both Parties

Both parties engaged in friendly exchanges. Representatives from Invest Hong Kong stated that if Sichuan Hejia establishes a permanent team in Hong Kong, relevant industry departments can provide direct support in connecting the company with local industry resources and activities. In terms of talent acquisition, programs such as the Top Talent Pass Scheme and the General Employment Policy can provide Hong Kong residency pathways for Sichuan Hejia’s core employees and their families, allowing them to enjoy benefits in education, healthcare and visa-free access to multiple countries. At the same time, enterprises with substantive operations in Hong Kong can apply for trade promotion funding subsidies, which can be used for overseas exhibitions, promotional activities and office upgrades.