Construction Bank and China Huaneng, China Sinochem deepen comprehensive strategic cooperation

**Viewpoint News: **According to a message from the Construction Bank’s official WeChat account, on the morning of April 7, the Construction Bank and China Huaneng held a working meeting in Xiong’an and signed a strategic cooperation agreement.

Under the cooperation agreement, during the “14th Five-Year Plan” period (i.e., “15th Five-Year Plan” as stated in the source), both parties will further promote deep synergy between financial resources and the real economy, and continuously expand the breadth and depth of cooperation in areas including green finance, technology finance, equity financing, bond financing, treasury construction, overseas business, and personal finance, among others, to jointly serve the country’s overall development strategy and achieve higher-quality development for both the bank and the corporate parties.

On the afternoon of April 7, the Construction Bank and Sinochem Holdings Co., Ltd. (hereinafter referred to as “Sinochem”) held a working meeting in Xiong’an.

As introduced, in recent years, leveraging the group’s advantages in integrated services, the Construction Bank has provided Sinochem with comprehensive, end-to-end financial services, helping Sinochem create a globally leading agricultural technology company and a world-class chemical new materials company, as well as support its global expansion and layout, and provide integrated services for the relocation of the Xiong’an New Area.

Looking ahead to the “15th Five-Year Plan” period, the two sides will further and comprehensively deepen bank-enterprise cooperation in fields including technology finance, integrated bank-and-commercial investment banking, global capital markets, global treasury construction, rural revitalization, and public-private integration, and work together to achieve high-quality development.

Disclaimer: The content and data in this article are compiled by Viewpoint based on publicly available information and do not constitute investment advice. Please verify before use.

(Edited by: Dong Pingping )

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