To comprehensively promote the high-quality development of Anhui Province’s automotive industry and effectively solve the difficulties in vehicle export transportation for automobile enterprises, the Anhui Branch of The Export-Import Bank of China, as the lead bank, successfully established a 1.2 billion yuan cross-border RMB syndicated loan for three single-ship companies under Hangrui International Ro-Ro Transportation Co., Ltd., a subsidiary of Anhui Provincial Port & Shipping Group. The bank fully leveraged its unique advantages in policy-based finance and its brand strength in ship financing business. By providing high-quality cross-border financial services, it offered solid support for Anhui Province’s leading automotive industry to “go global by leveraging external resources and prosper towards the sea.”
Recently, with the official naming, delivery, and maiden voyage of the third 7,000 CEU LNG dual-fuel Pure Car and Truck Carrier (PCTC), the “Fenghuang” (Phoenix) vessel, it marks that all three ocean-going ro-ro vessels of Hangrui International Ro-Ro Transportation Co., Ltd., for which The Export-Import Bank of China served as the lead bank providing financing support, are now fully operational.
In recent years, Anhui’s automotive industry, especially new energy vehicles, has developed rapidly. In 2024, Anhui’s automobile output reached 3.57 million vehicles, and its new energy vehicle output reached 1.684 million vehicles, both ranking second in the country. One out of every four cars exported from China was “Made in Anhui.” In the first half of 2025, Anhui’s automobile output and new energy vehicle output jumped to first place nationally, while its automobile export volume continued to rank first in the country.
Ro-ro ship transportation is the primary method for vehicle exports, offering advantages such as large single-shipment capacity, fast loading and unloading speed, and high assurance of cargo quality. In 2022, Anhui Provincial Port & Shipping Group, Chery Automobile, and Jianghuai Automobile (JAC) jointly established Hangrui International Ro-Ro Transportation Co., Ltd. The Anhui Branch, as the lead bank, successfully established a cross-border RMB syndicated loan for three vehicle ro-ro vessels under Hangrui International. As of now, the syndicate has disbursed over 1 billion yuan in loans. This syndicated loan is the largest equipment renewal and renovation re-lending project in Anhui’s transportation sector included in the first batch of lists issued by the Ministry of Transport. The Anhui Branch, by providing a “financing + intellectual support” financial service solution, offered professional financial support to the enterprise in various aspects including industry research, vessel evaluation, and exchange rate fluctuations.
Currently, the three vehicle ro-ro vessels have been put into operation successively and are performing well. The “Huanghu” vessel commenced its maiden voyage on January 21, 2025, opening Anhui Province’s first international ro-ro shipping route to the Mediterranean. Its maiden voyage carried over 4,300 export vehicles from brands including Chery, JAC, and Yutong, departing from Shanghai Port for the Mediterranean, with port calls in countries such as Saudi Arabia, Turkey, Italy, and Spain. As of September 2025, the “Huanghu” had completed four voyages, all achieving full loads, with space once being in high demand. The “Kunpeng” vessel was delivered and began operations on June 19, 2025, deployed on the China-Northwest Europe route. Its maiden voyage carried over 5,000 commercial vehicles from brands including Chery, JAC, and Jetour, departing from Shanghai Port for Mediterranean and Northwest European ports, finally returning after calling at a German port. By the end of September, the “Kunpeng” had completed two voyages. The “Fenghuang” vessel was delivered and began operations on September 29, 2025, and will make its maiden voyage on the Mediterranean route, carrying passenger cars and buses to ports in countries such as Spain, Egypt, and Italy.
All three ro-ro vessels adopt advanced green and environmentally friendly technologies, representing a new generation of advanced eco-friendly ships. The vessels have an overall length of 199.9 meters, a beam of 38 meters, and feature 12 decks (4 of which are hoistable decks), providing 7,000 standard car equivalent (CEU) spaces. They can load various types of vehicles including passenger cars, trucks, construction machinery, and new energy vehicles. The three ro-ro vessels utilize an LNG dual-fuel power system, allowing free switching between LNG mode, fuel oil mode, and “LNG + fuel oil” mode. The main engines are equipped with WinGD’s latest generation intelligent Control by Exhaust Recycling (iCER) system, which can reduce methane slip by 50%, sulfur oxide emissions by 99%, particulate matter emissions by 80%, and greenhouse gas emissions by over 28%, meeting the International Maritime Organization’s strictest Tier III emission standards.
Moving forward, the Anhui Branch will continue to leverage its advantages in policy-based finance, persistently provide enterprises with the “financing + intellectual support” financial service solution, and actively serve enterprises in “going global” and the high-quality development of the real economy. In the future, the branch will focus on the financing needs of Anhui’s manufacturing enterprises, continuously increase policy-based financial support, and assist Anhui’s manufacturing sector in strengthening leading enterprises, forging industrial chains, and expanding clusters, comprehensively supporting Anhui’s manufacturing industry in releasing its “momentum for innovation” and accelerating its pace. (Zhu Kefu)
