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Through Cooperation and Development, the Bank and Enterprise Realize a Win-Win Situation

Release time:2017-07-29Click:631作者:

    On July 27, Cheng Hao, Senior Manager of Investment Banking Division of Industrial and Commercial Bank of China, Head Office (hereinafter referred to as “ICBC”, stock code: 601398), Leng Peizhen, Manager of Investment Banking Division of ICBC, Head Office, Chen Zhengdong, Manager of Investment Banking Division of ICBC, Jiangsu Branch, Zhu Yimin, Vice President of ICBC, Wuxi Branch, Xu Hongchun, President of ICBC, Yixing Branch, Fei Xingyu, Manager of Company Division of ICBC, Wuxi Branch, Lu Jingxia, Deputy General Manager of Company Division of ICBC, Wuxi Branch, Sun Xiaoqian, General Manager of Key Account Center, Yixing Branch Center of ICBC, Wuxi Branch, and Tang Yin, Assistant to the General Manager of Key Account Center, Yixing Branch Center of ICBC, Wuxi Branch arrived at Far East Holding Group Co., Ltd. (hereinafter referred to as “Far East Holding Group”) for research and communication. Jiang Chengzhi, an investor, Board of the Far East and President of Far East Smarter Energy Co., Ltd. (hereinafter referred to as “Smarter Energy”, stock code: 600869), Wang Zheng, Secretary of the Board of Smarter Energy, and Zhou Yin, an investor and Associate Director of Department of Funds Management of Far East Holding Group received the delegation.


Scene of the conference

    In the symposium, firstly, on behalf of all staff of Smarter Energy, Jiang Chengzhi delivered the warm and cordial welcome to the delegation led by Cheng Hao, and mainly introduced the process of the project for Smarter Energy to purchase Beijing Jinghangan Airport Engineering Co., Ltd. (hereinafter referred to as “Jinghangan”) to the delegation.


Cheng Hao makes a speech in the symposium

    Cheng Hao highly praised the development achievements of Smarter Energy in the industry in recent years and further pointed out the three major advantages of ICBC in the capital market particularly in the field of investment bank. Firstly, the scale of merge and acquisition of ICBC in China ranks the first, and so does its core capital scale. With a prominent capital advantage, ICBC has the capability to offer overwhelming support to the project of merges and acquisitions financing. Secondly, adhering to the global layout, ICBC can offer support to Far East Holding Group for the project of entering the world market to engage in “the Belt and Road” initiative or the overseas project by combining the channels and information superiority of ICBC. Thirdly, as the No.1 time-honored bank of China, the brand value and industry reputation of ICBC have penetrated deep into people’s heart. In the cooperation with Smarter Energy, ICBC can fully exploit its brand and business advantages to develop together with Smarter Energy in the environment of mutual benefit.


Jiang Chengzhi makes a speech in the symposium

    Jiang Chengzhi pointed out that being an outstanding enterprise which keeps a close business contact with Smarter Energy, Jinghangan ranks high for its main business level in the industry in China. The merge and acquisition move is in accordance with the strategic planning of Smarter Energy and lays a solid foundation for Smarter Energy to exploit new market in the field of airport construction. Over these years of running, Smarter Energy maintains a sound cooperative relationship with ICBC in several business areas and stands on the solid ground of mutual trust. Through years of adjustment, Smarter Energy gradually allocates excellent resources to the investment and planning of long-term strategic cooperation. Under the new circumstance, there are many common characteristics between ICBC and Smarter Energy as for the business developing thoughts. Jiang Chengzhi hoped that the two sides can enhance cooperation in the businesses of capital market such as the research and exchange for excellent projects, merge & acquisition loan and establishment of merge & acquisition fund. As for the recent Jinghangan acquisition project, Smarter Energy sincerely welcomes the engagement of ICBC, so that the two sides can fully exploit advantages to realize the win-win situation.


Wang Zheng makes a speech in the symposium

    Wang Zheng introduced the industry sectors of Smarter Energy and layout of the present capital market to the delegation led by Cheng Hao in detail. He pointed out that as a prior investor, ICBC is sincerely welcomed by Smarter Energy to engage in the project and further promote the project process. Meanwhile, Wang Zheng expressed his hope that Smarter Energy can enhance the cooperation with ICBC on the existing solid foundation to develop innovative financing products and accelerate the respective development.