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Shandong Hi-speed Group Signed Strategic Cooperation Agreements with China Development Bank

2017-04-26

On April 19, Shandong Hi-speed Group and the China Development Bank signed at the headquarters of China Development Bank in Beijing the Development Finance Cooperation Agreement and the Cooperation Framework Agreement on New Energy Resources. President Zheng Zhijie and Deputy President Zhou Qingyu of China Development Bank, Deputy Governor Wang Shujian and Deputy Secretary General Xin Shuren of Shandong Province, President Sun Liang, General Manager Jiang Cheng, Deputy General Manager Wang Huabing, Chief Financial Officer Wang Sijun and Chief Accountant Li Hang of the Group, as well as relevant persons in charge of the related bureaus of China Development Bank, the Finance Office of Shandong Province and the Shandong Office of China Banking Regulatory Commission attended the signing ceremony.

At the signing ceremony, President Zheng Zhijie spoke highly of the achievements made by Hi-speed Group, and expressed that the bank will continue to offer firm support and help for the development of the Group. China Development Bank, serving as Chinas largest foreign investment and financing cooperative bank, medium- and long-term credit bank and bond bank, has made outstanding contributions to the implementation of the major medium- and long-term development strategy of Chinas national economy. In recent years, China Development Bank has supported the investment and construction of the Groups railway, expressway and other industries by means of providing the Group with loans and underwriting of super short-term financing bonds, etc.

The signing of the two strategic cooperation agreements showed that the strategic cooperation between the Group and China Development Bank has been further strengthened. The Group will take this as a chance to deepen the cooperation with the bank in investment and financing business and actively promote the integration of industry and finance, so as to create an even more glorious future.

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