Co-operation Agreement between China Merchants Group and China Great Wall AMC

2017-05-15

On May 15, 2017 local time, China Merchants Group(CMG) signed Co-operation Agreement with China Great Wall AMC(CGW) in Beijing. CMG Chairman Li Jianhong and CGW Chairman&President Zhang Xiaosong witnessed the ceremony that CGW Representative Executive Vice President Hu Jianzhong signed with CMG Representative Assistant President. CMG Executive Vice President Wang Hong joined activities.

In the light of Co-operation Agreement, two sides will work together to promote the value maintenance and increase of SOE capitals through asset management, merge and acquisition, equity operation, value management and etc.. Li Jianhong introduced the overall picture of Group's participations on The Belt and The Road Initiative, Xiongan New Economic Zone, Free Economic Zone and Shanghai, which embodies huge potentials for financial and non-financial cooperations.

About CMG>

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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