On the morning of April 17th, the municipal government of Huangpu District, and the senior leadership of GF Securities held a signing ceremony for their strategic cooperation agreement. The leadership from both sides participated in the ceremony and signing of the agreement for the economic development zone of Huangpu district. The signing of this agreement represents the strategic cooperation of both parties, with GF Securities providing professional financial, investment banking, equity financing, commercial opportunity, and product development expertise. This agreement represents a more in-depth, broader scope of cooperation.
The Chairman of GF Securities, Shuming Sun, stated that, "the Huangpu District is a national leader as an exemplary economic development zone, and is grateful for the opportunity and support to work with the municipal government. We are focusing on developing strong capital markets that service the real economy, as part of the national economic strategy. GF Securities looks forward to the continued support of the municipal government going forward. GF Securities plans to assist in the follow areas: promoting commercial interests by attracting outstanding enterprises; providing industry research to support local policy; developing and managing funds, especially in the TMT and Biotech specialties; and by providing IPO and financing opportunities to businesses."
Both sides are excited about the economic synergy and opportunities from this cooperation. Leadership from both sides will use their resources for the economic prosperity of the region, in accordance with Chairman Xi's central planning and economic goals. GF Securities was one of the first full-service investment banks in China, and is one of the most influential investment banks throughout the capital markets in China. GF Securities will continue to utilize its professional expertise in finance to work with the government for strong economic development and growth.