On June 8, BSAM and Beijing Branch of Shanghai Pudong Development Bank held “Signing Ceremony for Bank-Enterprise Strategic Cooperation” in Bird’s Nest Cultural Center. Yue Peng (Chairman of BSAM) and Zhi Jun (President of BSAM) attended the signing ceremony, and conducted in-depth discussion and exchange with Xia Yunping (President of Beijing Branch of Shanghai Pudong Development Bank). On behalf of BSAM, Zhi Jun signed a strategic cooperation agreement with Xia Yunping. Di Guojun (Chief Financial Officer of BSAM) and Sun Jing (Vice President of BSAM) also attended.
Under the principle of reciprocity, mutual benefit and win-win cooperation, Shanghai Pudong Development Bank will offer credit line of RMB28 billion to facilitate and support the future development of BSAM. BSAM will gradually launch the cooperation with Shanghai Pudong Development Bank in the field of investment, mergers and acquisitions, fund portfolio, financing, fund management, etc.