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to empower the local economy, sichuan tianfu bank bazhong branch signed a strategic cooperation agreement with xingcai investment

2024-10-02

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on july 24, bazhong city ushered in an important financial cooperation event - bazhong xingcai investment co., ltd. and sichuan tianfu bank bazhong branch officially signed a strategic cooperation agreement, marking the two parties' cooperation in the fields of finance and state-owned assets. in-depth integration and cooperation have taken solid steps.
bazhong xingcai investment co., ltd. is a newly established wholly state-owned company established in april 2024 with the approval of the bazhong municipal party committee and municipal government and the bazhong municipal finance bureau to perform the investor's duties. its registered capital is as high as 1 billion yuan. it carries the important mission of promoting high-quality economic development between brazil and china. sichuan tianfu bank bazhong branch, as the first urban commercial bank branch established by the sichuan provincial party committee and provincial government to support the construction of old revolutionary areas, has been closely focusing on the overall development of the local area since it settled in bazhong in december 2012, and actively serving the real economy has become an indispensable force in the financial markets of brazil and china.
the signing of this strategic cooperation agreement is an in-depth docking and integration of both parties based on their respective superior resources. sichuan tianfu bank bazhong branch will rely on its rich financial products and service systems to provide bazhong xingcai investment co., ltd. with a full range of finance, including project loans, fixed asset loans, working capital loans, bills, corporate bonds, etc. support and help them better play the leading and driving role of state-owned enterprises in local economic construction. at the same time, the two parties will also carry out in-depth cooperation in various fields such as asset securitization, equity financing, asset management, commercial factoring, industrial funds, revitalization of non-performing assets, acquisitions and other fields, and jointly explore new models and new paths for financial services to the real economy.
leaders of both parties said at the signing ceremony that this cooperation is an important breakthrough for both parties to complement each other's advantages and achieve mutual benefit and win-win results. it is also a concrete action to fully implement the "one city, four districts and three places" development strategy of the bazhong municipal committee. in the next five years, both parties will work hand in hand to inject new and strong impetus into the high-quality economic and social development of brazil and china through closer, in-depth and efficient cooperation.
the signing of this strategic cooperation agreement not only provides strong financial support for bazhong xingcai investment co., ltd., but also provides new opportunities for sichuan tianfu bank bazhong branch to expand business areas and improve service quality. the two parties will take this opportunity to further deepen mutual understanding and trust, jointly build a comprehensive and trustworthy financial cooperation ecosystem, and contribute more wisdom and strength to bazhong's high-quality construction of a national demonstration city for the revitalization and development of old revolutionary areas.
editor: rwzh4
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