On March 29^th, SDIC and China Great Wall Asset Management Corporation signed a strategic cooperation agreement in Bejing.

Before the signing ceremony, SDIC Chairman Wang Huisheng and Chairman of China Great Wall Asset Management Corporation Shenxiaoming held a meeting. SDIC Vice President Chen Dechun and President of China Great Wall Asset Management Corporation Zhou Liyao attended the signing ceremony.

During the meeting, Wang Huisheng briefed the other side on the achievements SDIC had made since the Second Pioneering Campaign as well as its business plan on its four business units. He elaborated on SDIC’s exploration about implementing national strategies, deepening reform and transformation. Wang Huisheng said that cooperation with China Great Wall bore great importance to SDIC. He hoped that the two sides could play their due role in serving the national strategies and conduct all-round cooperation in non-perform asset management, industrial investment and financial services with a view to achieving synergy effect.

Shen Xiaoming talked about the business development of China Great Wall. He pointed out that China Great Wall had successfully completed the treatment of policy-oriented asset and marched toward a market-oriented way. Currently, China Great Wall had all the financial licenses. It had its unique advantage and core competitiveness in treatment of non-performing asset, M&A, comprehensive financial services etc.. He said that China Great Wall and SDIC had sound base for cooperation. In the future, China Great Wall would give full play to its experience and advantage in asset management and conduct close cooperation with SDIC in wide-ranging fields.

After the meeting, SDIC and China Great Wall signed a strategic cooperation agreement.