For the establishment of good relations of cooperation between banks and enterprises, and promote common development and long-term bank-enterprise cooperation, on January 6, 2010, at the Shenzhen branch headquarters of China Construction Bank, LVGEM Group and China Construction Bank held a “strategic cooperation agreement signing ceremony”. Vice President of the Shenzhen branch of China Construction Bank, Zhu Jiusheng, LVGEM Group chairman Huang Kangjing, Vice President of LVGEM Group Guo Zhao Bin, vice president of LVGEM Group Hu Yong, leaders from both parties attended the signing ceremony. In this strategic cooperation agreement, CCB will provide LVGEM Group 10 billion yuan credit. This is another important sign for deepening and strengthening bilateral strategic partnership after China Construction Bank provided 4.5 billion yuan of credit to LVGEM Group in 2007.
Both leaders attended the signing ceremony of the agreement said that in the past cooperation, the CCB and LVGEM Group has established a stable, good relations of cooperation and mutual trust. This “upgrade” as a strategic partnership. It will be more conducive to complement advantages for both parties, and conducive to mutual promotion and common development, enhancing the two sides in their respective areas of brand and competitive advantages.
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