A strategic cooperation agreement between the Postal Savings Bank of China (PSBC) and CEFC China Energy Company (CEFC China) was signed at the latter's Shanghai-based headquarters on August 8.
Lü Jiajin, president of the PSBC, and Ye Jianming, chairperson of the CEFC board of directors, attended and witnessed the signing ceremony.
According to the agreement, the PSBC and CEFC China will establish a long-term strategic cooperative partnership in line with a mutual benefit and win-win principle, promoting an innovative service environment and improving brand effects.
The two sides also carried out in-depth discussions on their next phase of cooperative planning before the signing ceremony.
Ye said that the cooperation with the PSBC will accelerate the strategic development of CEFC China.
At the conference, Lü spoke highly of CEFC China's achievements in international market, serving national energy security and industrial development. He said that the PSBC is willing to use their network coverage and financial advantage to provide CEFC China with high-quality services for their strategic development.
(Source: China Post)