The delegation of KBZ Group, led by President Mr. Nyo Myint came to visit Julong Co., Ltd. on Auguest 19. KBZ Group is the largest private owned enterprise in Myanmar, Julong President Mr. Liu Yongquan and Vice President Mr. Frank Feng gave a warm welcome to KBZ partner and friends, during the two hours visit they were shocked by the products, services and technology solutions of Julong.
The Kanbawza Group of Companies is a major Myanmar-based conglomerate, possessing 11 subsidiaries across industries such as construction, garments, insurance, banking, oil, communications, cement, aviation and mining. Kanbawza Bank Limited (KBZ) is a private commercial bank in Myanmar. It is one of five major private commercial banks in Burma.
A visit team consisting of nine delegates from KBZ Group came to visit the Julong facility, exhibition center and cash processing center. Mr. Nyo Myint said that they were honored for the achievements of the Julong, admired for the national spirit of the Julong and look forward to the harvest of the visit.
Delegates went to the cash processing center and visited the entire cash sorting process after visit the exhibition center. Mr. Nyo Myint notice that KBZ Group owns the largest commercial bank in Myanmar, the air in the banknote sorting center is not fresh because of banknotes carry in a kind of bad smell during the sorting process, but the air in Julong’s banknote sorting center is still fresh even during the process of sorting banknote. At the same time, he also mentioned that the banknote sorting process in Julong has been fully automated, and even use robots to transport banknote, this is really amazing. At the moment, people live in Myanmar still rely on the paper money, KBZ is look forward to cooperation with Julong.
After the visit of Julong, Mr. Nyo Myint mentioned that Julong has advance technology, good products and services, we are very satisfied with this trip, I’m really looking forward to the next level of cooperation between KBZ and Julong and it will be a great effort. Julong Chairman Mr. Liu said the company has a lot of common intersections with the KBZ Group in the future and looking forward to the future cooperation.
Julong's aim is to provide products and services that help make the currency circulates in a safe and fast way.