Recently, the signing ceremony of strategic cooperation between China Huirong and Suzhou Asset Management Co., Ltd. was successfully held in the conference room of Suzhou Asset Management Co., Ltd. (hereinafter referred to as "Suzhou Asset Management"). Mr. Xue Jun, President of Suzhou Capital Management, Ms. Wan Weimin, Vice President, Mr. Wu Min, Chairman and President of China Huirong Board, Mr. Yao Wenjun, Vice President Hu Haoliang and Ms. Cao Yu, Chief Risk Officer, attended the signing ceremony.
The registered capital of Suzhou Asset Management Co., Ltd. is 2 billion yuan. It is a state-owned enterprise approved by the People's Government of Suzhou. With the consent of the People's Government of Jiangsu Province, the China Banking Regulatory Commission announced that it is a highly influential financial asset management institution in Jiangsu Province to carry out business including asset management, trusted management, foreign investment, risk management consulting and consultancy.
At the signing ceremony, the two sides focused on in-depth cooperation in non-performing assets business, investment business, fund management business, asset management business and other fields around the cooperative thinking of "equality and mutual benefit, complementary advantages, collaborative innovation, long-term cooperation and common development". In the cooperation, with professional disposal ability and rich practical experience, Suzhou Capital Management will effectively broaden the channels of asset disposal for China Huirong's integration. At the same time, China Huirong's integration will also give full play to the advantages of a diversified and comprehensive financial industry system, and help Suzhou Capital Management to play the role of "guiding, demonstrating and enlarging" of state-owned capital in the financial field.
At the meeting, the two sides also held warm and in-depth discussions and sharing on the development of asset management industry in Suzhou, the improvement of micro and micro financial services, and the cooperation of transfer funds. The signing ceremony further strengthened the cooperation between China and local capital management companies, gave full play to the complementary advantages of resources between state-owned platforms and listed companies, conformed to the trend of close cooperation based on the division of financial professions, and helped both sides accelerate business innovation and transformation development, and boosted regional economic development.