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Evergrande Group Concluded Strategic Cooperation with Shanghai Pudong Development Bank, Granted Single Comprehensive Credit Line of RMB 20 Billion

 Date:2014.01.09   Publisher:Evergrande Group

The signing ceremony of strategic cooperation between EvergrandeGroup and Shanghai Pudong Development Bank was held at the headquarter of Shanghai Pudong Development Bank on January 9, 2014. The both parties concluded the comprehensive, in-depth and wide strategic cooperation, creating the new mode of bank-enterprise cooperative development. This time, the cooperation of the both parties would involve the credit granting, bank financing, direct financing, investment banking, international financial service and development of innovative financial products, and Shanghai Pudong Development Bank would provide Evergrande with the single comprehensive credit line of RMB 20 billion.

The delegation led by Chairman Hui had a friendly and in-depth talk with the management of Shanghai Pudong Development Bank.

Xia Haijun (left in the front row), President of Evergrande Group, and JiGuangheng (right in the front row), Vice President of Shanghai Pudong Development Bank, signed on the strategic cooperation agreement on behalf of the both parties.

Before the signing ceremony, HuiKa Yan, CPPCC Standing Committee Member and Chairman of the Board of Evergrande Group, had a friendly and in-depth talk with JiXiaohui, Chairman of Shanghai Pudong Development Bank, on this strategic cooperation. Xia Haijun, Vice Chairman of the Board and President of Evergrande Group, Xu Jianhua, Xu Xiaojun, Sun Yunchi and Huang Xiangui, Vice President of Evergrande Group, Yang Songtao, Chairman of Evergrande Group Shanghai Branch, Ai Dong, Chairman of Evergrande Group Qidong Branch, and other senior leaders of Evergrande Group as well as JiGuangheng, Vice President of Shanghai Pudong Development Bank, Li Rongjun, President of Shanghai Pudong Development Bank Guangzhou Branch, Dong Yizhe, Vice President of Shanghai Pudong Development Bank Guangzhou Branch, Ji Kun, General Manager of Account Department III of Shanghai Pudong Development Bank Guangzhou Branch and other senior leaders of Shanghai Pudong Development Bank participated in the meeting.

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