President of US-China Investment Promotion Association (USCPA), Mr Zhang Jiahao, led a delegation to visit Mengneng Group.

  On 6th August, Zhang Jiahao, President of US-China Investment Promotion Association (USCPA) and Chairman of the Board of Directors of Metropolitan Capital Management Group (MCMG), led a delegation of key members of USCPA and entrepreneurs to Inner Mongolia Energy Power Generation Investment Group (hereinafter referred to as MENG), to learn about MENG's project situation and demand for cooperation on the spot, and to negotiate on related project investment and financing cooperation. Guo Wanhui, Chairman of Zhejiang Inner Mongolia Chamber of Commerce, Chairman of Zhejiang Provincial Chamber of Commerce, Chairman of Zhejiang Wanhui Asset Management Co., Ltd, Vice Chairman of Inner Mongolia Autonomous Region Federation of Industry and Commerce Ying Hongju, as well as Zhejiang Guangsha Group, Gezhouba Group Electric Power Co., Ltd. and other 14 units in charge of the activities.

(Photo: Zhang Jiahao, President of US-China Investment Promotion Association, and his delegation visited Mengneng Group)

  On the morning of August 6, Zhang Jiahao and his entourage visited Mengneng Group's corporate exhibition hall Energy Cloud Big Data Centre, and carefully understood Mengneng Group's strategic planning, industrial structure, project layout, intelligent party building and big data construction, etc., and gave high appraisal to Mengneng Group's achievements in strengthening the traditional energy resources industry, actively conforming to the development trend of the times, and actively engaging in the fields of new energy, big data, capital investment and other industries. Highly appreciated. After the visit, relevant leaders of Mengneng Group, heads of relevant departments and units held a cooperation meeting with Zhang Jiahao's team.

  At the meeting, Chairman Xue Shengqi introduced the group's development history, business operations and future development layout, expressed the initial intention of the talks and the willingness to cooperate, and hoped that the participating enterprises to deepen exchanges in many aspects, multi-channels, multi-angles, and look for in-depth cooperation of the point of entry, and strive for good projects to land as soon as possible to achieve win-win situation; I hope that in the Mengneng Group to the transformation of the state-owned capital investment company of the historical opportunity to increase the cooperation with the various investment and financing platforms companies, and to set up a multi-structured, deep-level financing platform, and to lead new energy industry to become bigger and stronger.

(Photo: New Energy Project Co-operation Fair)

  Zhang Jiahao expressed strong interest in the cooperation of Mengneng Group, and believed that Mengneng Group, as a large state-owned enterprise in Inner Mongolia Autonomous Region, has outstanding level in modern management and has project and policy advantages. Combining the advantages and business characteristics of the enterprises he leads and manages, he expressed his views, hoping that the two sides would complement each other's strengths and launch substantive and in-depth co-operation, such as co-operation in setting up an investment and financing platform, or setting up an industrial fund around projects of new energy, new science and technology, environmental protection, etc., setting up a reasonable financing structure to promote the implementation of the projects and obtaining realistic benefits.

(Picture: Group negotiation site of project investment and financing co-operation meeting)

  Xue Shengqi said: Mengneng Group carefully sorted out the 23 proposed cooperation projects, divided into investment and financing fund cooperation projects and new energy, resource investment projects in two categories, hoping to increase cooperation with the participating enterprises and asset management, investment companies, to fully seize the Mengneng Group to the transformation and development of the state-owned capital investment company of the historical opportunity to get the professional, financial and other aspects of strong support.

  At the meeting, the two sides exchanged views on the areas and projects to be co-operated, and agreed to promote in-depth co-operation in the field of investment and financing between the two sides within the scope permitted by the national policy, and formed preliminary co-operation intentions on specific projects such as coal resources development, land resources development, coal logistics and trade, as well as investment in the construction of new energy sources of outward transmission. At the same time, they said that they would jointly study and formulate cooperation programmes, clarify the mode of cooperation and discuss specific details, so that the cooperation between the two sides can play a maximum effect and achieve the expected results.

(Photo: Project Co-operation Signing Ceremony)

  After the meeting, the two sides signed a Memorandum of Understanding on Project Investment and Financing Co-operation of Mengneng Group.

(Photo: President Zhang Jiahao and Chairman Xue Shengqi signing the contract)

  Vice Chairman of Inner Mongolia Autonomous Region Federation of Industry and Commerce, Chairman of Juhong Group, Chairman of Wenzhou Chamber of Commerce in Ulanqab, Mr. Ying Hongju, Vice Chairman of Inner Mongolia Chamber of Commerce in Zhejiang Province, Vice President of Zhejiang Mengyuan Industry Co. Jiao Ying, President of Frontier Innovation Investment Fund Management Co., Ltd, Shen Tianang, Vice President of US-China Investment Promotion Association (USCPA) and Chairman of Qidian Asset Management Co., Ltd, Dr. Chen Binghua, Deputy Secretary General of US-China Investment Promotion Association (USCPA), Song Fengquan, Assistant to the Chairman of Inner Mongolia Chamber of Commerce of Zhejiang Province, Director of the Project Committee, and Assistant to the President of US-China Investment Promotion Association (USCPA), Li Yize, Managing Director of Shanghai Meng Ao Investment Management Co. Ltd. and Chen Yongsheng, partner of Bole Investment Group, attended the cooperation negotiation and signing ceremony.

[Editor: Yu Xinlu PN175]

Original web link:http://biz.ifeng.com/a/20180808/45109295_0.shtml