2017-01-05

On January 5^th, 2017, Chairman ZHANG Yi met with Mr. DENG Hong, Chairman of the Board of Credit Prosperity Fund Management Co., Ltd. Both parties carried out the in-depth discussion as for the furthering of Sino-European cultural exchange, economic cooperation and sci-tech innovation by virtue of their own advantages. ECMDC and Credit Prosperity Fund had reached the consensus of establishing the strategic partnership.

Mr. ZHANG Yi and Mr. DENG Hong

Credit Prosperity Fund Management Co., Ltd. is jointly funded by CITIC Securities Co., Ltd. and powerful strategic investors. It is a private fund management company that specializes in launching, establishing and managing various investment funds. It is engaged in the investment and financing activities with self-owned funds and trusted assets, and provides the assets management and consulting services as well. On the reliance of its strong shareholders, professional investment teams, perfect controlling system and abundant client resource, Credit Prosperity Fund has been developing rapidly since its establishment and realized an amount of RMB 20 billion Yuan for its managed fund scale.

Mr. ZHANG Yi extended his warm welcome to Mr. DENG Hong. He remarked that against the background there were so many uncertainties in the current international economic situation, how to actualize the national policy of “Deepening the Reform, Broadening the Opening-up” through the international cooperation was the question that every Chinese entrepreneur with social responsibility should seek the answer by his own. As a European NGO, ECMDC was willing to carry out the in-depth discussion with Credit Prosperity Fund in order to make the contribution to Sino-European Urbanization Cooperation and “One Belt One Road” Initiative through ECMDC and Credit Prosperity Fund’s respective advantages.

Mr. DENG Hong said, Europe was the birthplace for the modern industrial civilization in the world, and there were many valuable experiences in the aspects of sciences, technologies, culture and municipal development in Europe, from which China would learn and benefit. This was just the basis of Sino-European cooperation with mutual benefits, which meant the golden opportunity for the business development of Credit Prosperity Fund. Henceforth, Credit Prosperity Fund intended to make full use of its own expertise and professional advantages with a view to jointly developing the high-quality cooperation project with ECMDC. The cooperation would surely be win-win.

Mr. ZHANG Yi and Mr. DENG Hong had discussed several cooperation projects with the coverage of the establishment of “One Belt One Road” Special Fund, the development of green technology and industries, the implementation of “The Great National Craftsman” Training Program and vocational training etc. Both parties had carried out the preliminary evaluation and reached the consensus of cooperation. ECMDC and Credit Prosperity Fund would jointly introduce European high-quality resources in sci-tech, cultural and economic fields into China in order to support the macro-level strategies of sci-tech innovation, supply side reform and industrial upgrading, which were issued by the Chinese government. Both parties had worked out the road map and time table in order to ensure the implementation of these cooperation projects.