On August 28, Bank of China Chairman Ge Haijiao held a working meeting with China Reform Holdings Co., Ltd. (hereinafter referred to as "China Reform Holdings") Chairman Xu Siwei at Bank of China's headquarters building, and witnessed the signing of a cooperation agreement between both parties. Bank of China Vice President Yang Jun and China Reform Holdings Chief Accountant Liu Xueshi participated in the event.

Ge Haijiao stated that as a "national team" in state-owned capital operations, China Reform Holdings shoulders the important mission of optimizing the layout of state-owned capital and assisting central enterprises in deepening reforms. Bank of China and China Reform Holdings are important partners to each other, having long relied on their respective distinctive advantages to carry out close interactions across multiple fields, joining hands to promote the sustained and healthy development of the real economy through high-quality financial services. He hoped that both parties would take this signing as an opportunity to strengthen comprehensive coordination and jointly explore new development spaces, focus on key projects and create new benchmarks for win-win cooperation, expand emerging tracks and cultivate new growth momentum. They should enrich cooperation scenarios and deeply explore cooperation potential in areas such as bond financing, mergers and acquisitions investment, cross-border finance, and global custody, jointly pursuing the path of financial development with Chinese characteristics.

Xu Siwei thanked Bank of China for its full support of China Reform Holdings' business development over the years. He stated that China Reform Holdings has always been guided by serving national strategic deployments, actively assisting state-owned enterprises and central enterprises in better fulfilling their "three roles." Recently, the company has focused on key layouts in areas such as "stable growth and expanded investment" special bonds, fund investment, ESG and sustainable development. He looks forward to working with Bank of China to create new cooperation models, leverage their respective advantages to deepen collaboration, achieve win-win development across multiple fields, jointly promote state-owned capital to become stronger, better and larger, and inject strong momentum into the high-quality development of the real economy.