RedNet Moment November 8 (Correspondent Wu Rong) On the afternoon of November 5, Hunan Provincial State-owned Assets Group signed a strategic cooperation agreement with the Hunan Branch of the Industrial and Commercial Bank of China. According to the agreement, ICBC Hunan Branch will provide a maximum credit line of 10 billion yuan to Hunan State-owned Assets Group to support the high-quality development of Hunan Provincial State-owned Assets Group.
Hu Xinbao, Secretary of the Party Committee and Chairman of Hunan State-owned Assets Group, and Zhang Shen, Secretary of the Party Committee and President of the Hunan Branch of industrial and commercial bank of China, attended the signing ceremony and witnessed the signing ceremony. Xiao Tieyong, member of the Party Committee, deputy general manager and chief accountant of Hunan State-owned Assets Supervision and Administration Group, and Huang Kun, member of the Party Committee of ICBC Provincial Branch, secretary of the Party Committee and president of Changsha Branch, signed the contract on behalf of both parties.
At the signing ceremony, Hu Xinbao thanked ICBC for its strong support and assistance to the development of the Group on behalf of Hunan State-owned Assets Group. The group's reform and development, industrial cultivation, especially the functional positioning as a state-owned capital operation platform and the "14th Five-Year Plan" strategic planning were introduced. It is hoped that it will cooperate with ICBC in multiple dimensions such as credit financing and fund issuance, support the strategic development of the Group, cooperate sincerely, establish a more sustainable, stable and good cooperative relationship, jointly open a new chapter of development, serve the "three highs and four new" strategy of Hunan, serve the reform of provincial state-owned enterprises, and contribute to the economic and social development of Hunan.
Zhang Shen introduced the results achieved by the Hunan Branch of the Industrial and Commercial Bank of China in participating in the reform of state-owned assets and state-owned enterprises and serving the economic and social development of Hunan. He said that he would take this signing as an opportunity to give full play to the advantages of ICBC's comprehensive financial services, focusing on deepening cooperation with state-owned assets group from the aspects of increasing the amount of credit, doing more service varieties, deepening project cooperation, and improving service quality, so as to provide all-round financing support and financial services for state-owned assets group in the future reform and development journey, and fully support the development of state-owned assets group.