Shanghai Rural Commercial Bank Inks Bank-Enterprise Cooperation Agreement with China National Building Materials International Engineering Group

Deep News
05/25

On May 25th, Shanghai Rural Commercial Bank and China National Building Materials International Engineering Group held a signing ceremony for a bank-enterprise cooperation agreement. The formal signing was conducted by Zhang Yuehong, Vice President of Shanghai Rural Commercial Bank, and Dong Yong, Vice Secretary of the Party Committee and President of China National Building Materials International Engineering Group, witnessed by Xu Li, Secretary of the Party Committee and Chairman of Shanghai Rural Commercial Bank, and Xu Bin, Secretary of the Party Committee and Chairman of China National Building Materials International Engineering Group.

Chairman Xu Li stated that Shanghai Rural Commercial Bank adheres to its original mission of serving the real economy through finance and is committed to building a service-oriented bank that creates value for clients, fully supporting the construction of Shanghai's "Five Centers." China National Building Materials International Engineering Group holds prominent advantages in fields such as new materials, new energy, and cross-border engineering. The two parties share strong alignment and broad potential for collaboration in areas including technological innovation, the Belt and Road Initiative expansion, industrial chain synergy, and green transformation. This signing marks the official upgrade of their relationship to a comprehensive strategic partnership. Shanghai Rural Commercial Bank will support the enterprise's high-quality development through comprehensive credit facilities, cross-border services, supply chain finance, and other all-round measures, jointly creating a new model for synergistic and mutually beneficial bank-enterprise cooperation.

Chairman Xu Bin noted that as a core central state-owned enterprise subsidiary of China National Building Materials Group in Shanghai and a national key high-tech enterprise, China National Building Materials International Engineering Group has deep expertise in the building materials engineering sector. It possesses globally leading advantages and industry leadership in areas such as high-end new glass materials and green buildings, deeply serves the Belt and Road Initiative construction, and has outstanding core competitiveness. Shanghai Rural Commercial Bank, as a local corporate bank in Shanghai, offers professional and efficient comprehensive financial services. Both parties will deepen financial cooperation in key areas to jointly serve national strategies and Shanghai's high-quality economic development.

This signing signifies that the cooperation between the bank and the enterprise has entered a new stage of comprehensive strategic synergy. Moving forward, the two parties will leverage deep integration of industry and finance as a key approach, closely follow the development trends of high-end, intelligent, green, and international growth in the building materials industry, and focus on technological innovation, supply chain finance, green development, and cross-border cooperation. They will join hands to serve the Belt and Road Initiative construction and Shanghai's "Five Centers" construction, empowering industrial upgrading through finance and facilitating high-quality development through cooperation, jointly writing a new chapter in serving national strategies.

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