News Center

09

2019

-

05

Shangluo Electronics and the Jiangsu Branch of the Bank of Communications Co., Ltd. have signed a strategic agreement.

Source:


 

On the morning of May 9, Nanjing Shangluo Electronics Co., Ltd. and the Jiangsu Branch of the Bank of Communications held a signing ceremony for their strategic cooperation agreement in the conference room of the Bank of Communications’ Jiangsu Branch. Attending the ceremony were Ms. Li Jun, Deputy General Manager of the Jiangsu Branch; Ms. Zhou Wei, General Manager of the Corporate Banking Department; Ms. Wan Qizhou, General Manager of the Second Key Client Department; Mr. Sha Hongzhi, Director of Shangluo Electronics; Mr. Li Jian, General Manager of Shangluo Electronics; Mr. Cai Lijun, Chief Financial Officer and Board Secretary; as well as relevant heads from the Investment Banking Department, International Business Department, and Credit Management Department of the Bank of Communications’ Jiangsu Branch.

President Li Jun first commended the strong cooperative relationship between Nanjing Shangluo and the Bank of Communications, shared the Jiangsu Provincial Branch’s experience in providing financial services to high-quality private enterprises, and engaged in an in-depth discussion with Mr. Sha on topics such as payroll outsourcing, Yuntong accounts, cross-border cash pooling, and listing‑related support services. In turn, Mr. Sha expressed his gratitude for the Bank of Communications’ consistent, comprehensive trust and support, noting that the signing of this comprehensive strategic cooperation agreement will further open a new chapter of sincere collaboration, enabling both parties to advance in synergy, create mutual benefits, and achieve new heights of success.

This time, the Jiangsu Branch of the Bank of Communications has granted Shangluo Electronics a comprehensive credit line totaling RMB 1 billion. The two parties will establish a close cooperative framework, using this comprehensive credit facility as a starting point and gradually expanding into multiple areas, including supply-chain finance, offshore banking, foreign-exchange services, investment banking, personal consumer finance, financial advisory, corporate pension plans, and supporting financing for IPO preparation, thereby fostering broad and in-depth collaboration. At the same time, the Bank of Communications will treat Shangluo Electronics as a core client and provide full support for the implementation of its development strategy. This move will further strengthen the momentum of bilateral cooperation, providing a more robust platform and substantial access to social financing for Shangluo Electronics’ future growth.