Huaqiang Group and China Development Bank Signed a Financial Cooperation Agreement of 20 Billion Yuan

On December 19, Huaqiang Group and Shenzhen Branch of China Development Bank held a signing ceremony of Development Financal Cooperation Agreement. Both parties will focus on the development and construction on theme parks, the merger and acquisition of industrial chains, the development of clean energy industries and the financing of supply chains, with a total size of 20 billion yuan. Wu Liangdong, President of Shenzhen Branch of China Development Bank, Vice President Li Pinwu, Huaqiang Group Chairman Zhang Hengchun, President Li Shucheng and Assistant President Deng Shaojun attended the ceremony.

As the world’s largest development financial institution, China’s largest bank with foreign investment and financing cooperation, medium and long-term credit and bond, CDB keeps focusing on supporting the development of national infrastructure, basic industries, pillar industries, and high-tech fields. For a long time, China Development Bank and Huaqiang Group have established a good cooperative relationship and have promoted the transformation and development of the group companies by providing all-round and multi-channel financial services. According to the agreement, by relying on their own resources and advantages, the two parties will further establish a new tpe of strategic cooperative partnership to achieve mutual benefit and win-win progress.