Li Xiaopeng Meets with Chairman of China Citic Bank

2017-02-06

On February 6, 2017 local time, China Merchants Group President Li Xiaopeng met in Hong Kong with Li Qingping, Chairman of China Citic Bank, exchanging ideas about the promising cooperation areas. CMG CFO Fu Gangfeng, Executive Vice President Wang Hong and Assistant President Hong Xiaoyuan attended the meeting.

Li Xiaopeng welcomed Li Qingping's visit and congratulated the outstanding performance of China Citic Bank in 2016. He gave introduction about CMG's offshore engineering, shipping, port, trade, toll road, city development and park operation business separately. Li then shared main indicators with Li Qingping, namely revenue reaching to 505.3 billion yuan with 81.7% increase, profits hitting 111.28 billion yuan with 34% growth.


 

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CMG, founded in the Westernization Movement in 1872, is a pioneer in China's national industry and commerce. During past 140 years, CMG made a lot of firsts and acted as a leader in different business fields, like setting up the first commercial fleet, bank, insurance company in modern China. CMG plays an important role in economic history and social development history of modern China...

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