China Re Group and Great Wall Asset entered into memorandum of strategic cooperation
On 22 February, China Re Group and China Great Wall Asset Management Co., Ltd. (hereinafter referred to as “Great Wall Asset”) entered into a memorandum of strategic cooperation in Beijing. Yuan Linjiang, Chairman of China Re Group, and Shen Xiaoming, Chairman of Great Wall Asset, attended and witnessed the signing ceremony. Ren Xiaobing, Vice President of China Re Group, and Meng Xiaodong, Vice President of Great Wall Asset, signed the memorandum on behalf of the two parties.
Before the signing ceremony, representatives of the two parties had a friendly talk. Yuan Linjiang, Chairman of China Re Group, described the operation development and implementation of strategies of China Re Group, stated that in 2018, China Re Group successfully improved its market ranking and completed the overseas acquisition of Chaucer Insurance Group in the UK. He highlighted that in 2019, China Re will focus on three major strategies, namely, platform operation, technology advancement and globalization, facilitate the implementation of the “One-Three-Five” Strategy and adhere to China Re’s strategy of high quality development. Shen Xiaoming, Chairman of Great Wall Asset, was confident on the future development of China Re Group. He spoke highly of the long-term friendly cooperation between China Re Group and Great Wall Asset, and pointed out that Great Wall Asset will focus on its main business of asset management to maintain high quality and stable development in the future.
Both parties agreed that in the future, they will emphasize on deepening business cooperation in financial market service, insurance product innovation and asset operation and disposal, strengthen the depth and breadth of cooperation between the two parties to share resources and complementary advantages, thereby providing greater support to national strategies and the development of real economy.
Yu Chunling (General Manager of China Re AMC), Tian Feng (Deputy General Manager of China Re Life), Qin Hongbo (Strategic Director of China Re Group and Deputy General Manager of China Continent Insurance), Li Wei (General Manager of Strategic Customer Department of China Re Group and Deputy General Manager of China Re AMC), Yin Xiusheng (Deputy General Manager of China Re AMC), Luo Ruohong (Deputy General Manager of China Re AMC), Dun Hao (Assistant to General Manager of China Re P&C), Zhang Qiao (Director of Alternative Investment of China Re AMC), Shi Jian (Board Secretary of Great Wall Asset), Zhang Bin (General Manager of Strategy Development Department), Liu Hongxin (General Manager of Asset Operation Department I), Lei Hongzhang (General Manager of Asset Operation Department II), Han Weidong (General Manager of Strategic Customer Department), Zhang Qifeng (General Manager of Guoxing Leasing), He Xiang (Deputy General Manager of Capital Management Department of Great Wall Asset), Lyu Jia (Deputy General Manager of Subsidiary Management Department) and Liu Xin (General Manager of the Beijing Branch of Changsheng Life Insurance) participated in the talk and attended the signing ceremony.