On the morning of December 10, China CITIC Bank and Chenzhou Municipal People's Government held a docking conference and signed a strategic cooperation agreement on the spot. Yi Pengfei - Secretary of Chenzhou Municipal Party Committee, and Tang Wanyuan - Deputy General Manager of the Coordination Department of CITIC Group, attended the meeting and delivered speeches. Liu Zhiren - Deputy Secretary of Chenzhou Municipal Party Committee and Mayor, presided over the meeting, and Wang Shunqing - Secretary of the Party Committee and President of Changsha Branch of CITIC Bank, attended the meeting.

At the meeting, the two sides had in-depth exchanges on the cooperation of key projects in Chenzhou City and expressed their intention for cooperation.

On behalf of the municipal Party committee and the municipal government, Yi Pengfei thanked CITIC Group for its concern and support for Chenzhou, and extended a warm welcome to all the guests. Yi Pengfei pointed out that CITIC Group is a landmark, guiding and leading enterprise in the early stage of China's reform and opening-up, export-oriented economic development and opening-up. This time, the heads of 26 subsidiaries of CITIC Group came to Chenzhou for docking and negotiation, bringing new opportunities for Chenzhou's development. We must make full use of the opportunity of this docking and negotiation, and actively turn the opportunity into the practical effect of seeking common development and mutual benefit. Yi said that he hoped that the two sides would cherish the fate of this meeting, further strengthen the docking and exchange on the basis of existing cooperation, combine the advantages of CITIC Group with the needs of Chenzhou, and highlight the effectiveness of cooperation. The whole city will wholeheartedly provide CITIC Group with active and enthusiastic services, create a good environment, and ensure the effective and sustainable investment of CITIC Group in Chenzhou, so as to promote the sustainable development of Chenzhou.

Tang Wanyuan said that CITIC Group is an enterprise with integrity and social responsibility. In recent years, CITIC Group has been fulfilling its social responsibility and fully supporting the economic and social development of local governments. It was hoped that in the next step, the two sides would build a multi-level cooperation platform, establish a long-term cooperation and exchange mechanism, adhere to mutual benefit, common development and constantly expand cooperation fields. At the same time, CITIC Group should adhere to its political position, conscientiously fulfill its social responsibility and make great efforts to contribute to the economic and social development of Chenzhou.

Subsequently, Changsha Branch of China CITIC Bank signed a strategic cooperation agreement with Chenzhou Municipal People's Government. It was agreed in the agreement that from 2020 to 2022, Changsha Branch of China CITIC Bank will provide comprehensive bank credit, investment banking, agency business, local and foreign currency settlement and other comprehensive financial services in key fields and major projects such as new industrialization, urbanization, modern service industry, infrastructure construction, park development, etc. of Chenzhou City, and provide financing support of no less than 30 billion yuan for Chenzhou City through various financing channels.