At 10:30 on August 2, 2018, the conference hall on the 29th floor of Zhengzhou Bank Headquarters, Henan Huanghe Cyclone Co., Ltd. and Zhengzhou Bank signed a strategic cooperation agreement. Chairman of the company Qiao Qiusheng, Dr. Wang Yuchang, Chairman of Zhengzhou Bank Wang Tianyu and President Shen Xueqing attended the signing ceremony and made an important speech. Zhengzhou Bank gave a credit of 3 billion yuan to the Yellow River whirlwind.
The predecessor of Zhengzhou Bank was Zhengzhou Cooperative Bank, which was established in 1996 by 48 city credit cooperatives. In 2000, it was renamed Zhengzhou Commercial Bank. In 2009, it was renamed Zhengzhou Bank. In December 2015, it was listed on the main board of the Hong Kong Stock Exchange. It is the first in Henan. The 10th listed city commercial bank in the country. On July 27, 2018, the China Securities Regulatory Commission issued an IPO approval for the issuance of A shares. Zhengzhou Bank will soon become the first A+H listed city commercial bank in China.
Wang Tianyu, chairman of Zhengzhou Bank, and Qiao Qiusheng, chairman of Huanghe Cyclone, made speeches at the signing ceremony. Introduce each other's business content and industry development, and jointly look forward to the vision of cooperation. The credit of Zhengzhou Bank will inject momentum and vitality into the development of the Yellow River whirlwind. The Cyclone of the Yellow River has the confidence and ability to scientifically utilize the 3 billion yuan credit of Zhengzhou Bank to implement “resource integration, industrial upgrading, structural adjustment, and scientific developmentâ€. The business strategy strengthens risk prevention and control, improves productivity, reduces operating costs, strengthens capital operations, promotes the company's development towards specialization, refinement and intelligence, enhances its core competitiveness and achieves sustainable development.
Zhengzhou Bank's concept of "serving the real economy and adhering to the road of distinctive and differentiated development" is in line with the established development strategy of the Yellow River whirlwind. The Yellow River Cyclone is a national high-tech enterprise with a state-level enterprise technology center, a post-doctoral research station and a research center for superhard composite materials and products engineering in Henan Province. It has a number of core key technologies and independent intellectual property rights. Through strategic cooperation with Zhengzhou Bank, the company will enhance the value of cooperation and jointly write a new chapter of cooperation and win-win, and contribute more to the Central Plains.
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