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On March 4, China Chengtong and Hua Xia Bank Co., Ltd. (Hua Xia Bank) signed comprehensive strategic cooperation agreement at Hua Xia Bank’s headquarters. Zhu Bixin, China Chengtong’s Secretary of the CPC Committee and Chairman, and Li Minji, Hua Xia Bank’s Party chief and Chairman attended the ceremony. Chen Yong, China Chengtong’s General Accountant and Wang Yiping, Vice President of Hua Xia Bank signed the agreement.

Zhu Bixin introduced China Chengtong’s history of development and achievements attained as a pilot state capital operating company, especially the Group’s development in fund investment, equity management, assets management and financial services, as well as the incubation of emerging industries with strategic significance. Zhu stated that Hua Xia Bank is a fast-growing joint-stock bank boasting strict risk control, prudent management and outstanding economic benefits, and the two sides have already established a solid foundation for cooperation. China Chengtong is willing to deepen the bilateral cooperation with Hua Xia Bank in fund investment, equity operation, assets management, financial services and emerging industries of strategic significance to create a bank-enterprise cooperation model and achieve better development results.

Li Minji expressed his gratitude to China Chengtong for its trust in and assistance to Hua Xia Bank. Li shared Hua Xia Bank’s history, strategic development ideas and business development status. He said that Hua Xia Bank has contributed to the real economy through its integrated financial services, and the Bank is prepared to spare more efforts in financial supply chain services, platform services and financial technology innovation services to advance bilateral collaboration to a new high.

The signing of comprehensive strategic cooperation agreements between China Chengtong and Hua Xia Bank aims to enhance the core competitiveness of both parties through the close coordination between China Chengtong’s state capital operation platform and Hua Xia Bank’s financial service platform, which is of great significance to the Group to give fuller play to its function of state capital operation platform.

Head of China Chengtong’s General Office, Department of Accounting, Department of Strategic Development and Department of Financial Services, and relevant personnel from Hua Xia Bank attended the signing ceremony.