On September 20, CMG Group President Li Xiaopeng met in Shanghai with Peng Chun, President of Bank of Communications. CMG Vice Executive President Sun Chengming and Assistant President Hong Xiaoyuan attended the meeting.

Li Xiaopeng expressed the gratitude to the support of Bank of Communications. He said that CMG performed robust in the New Normal period, which aimed to build a world-class enterprise with active participation in national strategies. Recently, CMG was listed as the state-owned capital operating company and "Mass Entrepreneurship and Innovation" basement. This provided a great opportunity for financial institutions. Now, Bank of Communications fully cooperates with CMG in Credit and Deposit, which tended to shift from traditional business to new business. Hopefully, Bank of Communications can still support the development of CMG in "Thirteenth Five-Year Project" .

Peng Chun welcomed the visit of Li Xiaopeng and introduced the situation of Bank of Communications. He said that two sides laid a solid foundation in traditional finance after the agreement of cooperation. Bank of Communications will utilize the advantages in international pluis comprehensive business as well as customer plus products to further impetus in-depth cooperation.