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New start: BEWG signed strategic cooperation agreement with Shuifa Group and Bank of Beijing 2020-11-18

On 17 November 2020, BEWG signed a tripartite strategic cooperation agreement with Shuifa Group and Bank of Beijing Co., Ltd. in Beijing. This signing will be a new chapter of close communication and joint development of the three parties, strategically critical to the future long run planning of the three parties. Mr. WANG Zhenqin, Secretary of the Party Committee and Chairman of Shuifa Group; Mr. LI Li, Executive President of BEWG; and Mr. LI Wei, Vice President of Bank of Beijing City Sub-center Branch attended the signing ceremony.
 
Before signing, the parties negotiated friendly. Mr. WANG Zhenqin, Secretary of the Party Committee and Chairman of Shuifa Group, introduced the details of Shuifa Group’s history and principal business. He hoped that all parties should take this opportunity to deepen cooperation with respective advantages, and establish a long run cooperation mechanism, for better synergy effect, mutual benefit and win-win.
 
Mr. LI Li, Executive President of BEWG cordially welcomed the visit of Shuifa Group and Bank of Beijing, and expressed gratitude to the financial support from Bank of Beijing. Currently, market competition is becoming more and more complicated, and BEWG development has changed from an endogenous development to an extensional development relying on strong-strong alliance. He hoped that in the future, BEWG will integrate with Shuifa Group in the factory network, rural sewage treatment, local water group reorganization, and water environmental overall governance, to establish in-depth cooperative relations, make business expansion, and jointly implement the national development strategy.
  
Mr. LI Wei, Vice President of Bank of Beijing City Sub-center Branch, introduced the establishment of City Sub-center Branch and its responsible geographic regions. He expressed that Bank of Beijing City Sub-center Branch will take financial advantages in corporate resources integration and investment banking service, to provide more quality financial products to BEWG and Shuifa Group, and work hand in hand to create a beautiful future.
  
At the meeting, all parties made in-depth communication and discussions on related business domains and specific cooperation cases, and clarified the next step work manner. Under the agreement, the three parties will cooperate in water resource comprehensive utilization and development, urban and rural water supply, financial products etc.
  
Mr. ZHU Qingqi, Secretary of the Board of Directors of Shuifa Group, Director of Board Office; Mr. FENG Jianzhong, Assistant to General Manager, General Manager of Finance Department; Mr. ZHANG Hai, Chairman of Shuifa Fund Management Co., Ltd.; Ms. ZHANG Jingchao, General Manager of Financial Market Department of BOJ City Sub-Center Branch; Mr. LI Wantong, Assistant to General Manager of Financial Market Department; and relevant leaders of BOJ China World Trade Center Branch; Mr. LI Jianlin, Deputy General Manager of BEWG Financial Resource Center; Mr. SHI Benwei, Deputy General Manager of BEWG Market Investment Center, among other leaders, attended the signing ceremony.
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