Recently, CCCC and China Great Wall Asset Management Co., Ltd. (hereinafter "GWAMCC") held a signing ceremony for deepening bilateral strategic cooperation. CCCC President Wang Tongzhou and GWAMCC President Li Junfeng attended the ceremony, witnessed the signing and had an informal discussion.

Wang Tongzhou welcomed Li Junfeng and his delegation, and introduced CCCC's development. He said that as a global leading comprehensive service provider of ultra-large infrastructure, CCCC focused on large-scale transportation and large cities, made good use of its advantages in internationalization and taming rivers, lakes and seas, actively made planning in new industries which were low-carbon, intelligent and digital, began its journey towards high-level and high-technology fields in the industry chain, and tried its best to build a world-class enterprise with global competitiveness in technology, management and quality. He also said that with a wide range of cooperation and exciting development prospects, the signing was an essential milestone in CCCC-GWAMCC long-term partnership. Besides, he hoped that the two sides can foster strategic cooperation solidly, work together to explore and innovate in financial services, asset management and equity operations, and realize mutual benefit and win-win cooperation.

Li Junfeng thanked CCCC for the warm reception and introduced GWAMCC's development. He said that GWAMCC always sticked to rule-based operations, strived to perform its business functions in collection, management and disposal of assets as well as acquisition and reorganization, improved allocation of economic resources, and safeguarded national and regional financial stability. He also said that GWAMCC would made good use of its advantages and provide CCCC with high-quality and comprehensive financial services in all aspects. In addition, he expressed that the signing of the strategic cooperation agreement was of great significance and would certainly bright more opportunities for mutual benefit, the win-win situation, and high-quality development.

CCCC general accountant Peng Bihong and Zheng Haiyang from GWAMCC signed the agreement on behalf of the bilateral parties. According to the agreement, both sides will carry out strategic cooperation in various aspects including equity investment, asset management and financial services.