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China Post and China Unicom sign a strategic partnership agreement
China Post and China Unicom sign a strategic partnership agreement
| China Post |2019-04-11

 

Kang Ning, Deputy Managing Director of China post, and Mai Yanzhou, Deputy Managing Director of China Unicom, sign the agreement on behalf of both sides

 

China Post signed a strategic partnership agreement with China Unicom in Beijing on April 11. Present at the signing ceremony are senior executives from both sides --- from China Post Group: Liu Aili, Chairman and Secretary of the Leading Party Members’ Group, Zhang Jinliang, Managing Director, Li Peizheng, Deputy Secretary of the Leading Party Members’ Group, Kang Ning, Deputy Managing Director, and Wen Shaoqi, Deputy Managing Director; from China Unicom Group: Wang Xiaochu, Chairman and Secretary of the Leading Party Members’ Group, Li Guohua, Managing Director, Li Fushen, Deputy Secretary of the Leading Party Members’ Group, Mai Yanzhou, Deputy Managing Director, Liang Baojun, Deputy Managing Director, Zhu Kebing, Chief Accountant, and Fan Yunjun, Deputy Managing Director. Li Guohua presided over the signing ceremony. Kang Ning and Mai Yanzhou signed the agreement on behalf of both sides respectively.

Based on the principle of “equality, mutual benefit, win-win cooperation, and common development”, the two sides decided to expand their strategic partnership and seek new business opportunities for cooperation, thereby achieving a new win-win situation. According to the agreement, the two sides will expand their partnership in five major areas to achieve resource sharing and complementary advantages.

The first is to deepen cooperation in infrastructure and communication service. Based on the existing cooperation, the two sides will explore the application of new technologies such as Internet of Things, big data, cloud-network integration, 5G, etc., to facilitate smart logistics platform construction, cloud-based video surveillance management and service, as well as public opinion analysis, user portraits and industry data modelling in the postal field.

The second is to expand new cooperation in financial service. The two sides will broaden their cooperation in data center leasing, integrated payment, customer financial data as well as local and foreign currency settlement, and jointly push forward new cooperation in accident insurance, health insurance and other medical insurances, as well as insurance marketing, securities investment, equity investment, etc. Meanwhile, they will also actively carry out online and offline payment cooperation.

The third is to deepen cooperation in channels, outlets and businesses. Both sides have their own advantages in their channels. Through mutual channel access, resource exchange and joint operation, they will conduct cooperation in business proxy, outlets co-construction, terminal sales, rural new retail, mobile application promotion and delivery service, so as to enhance their channel sales capacity and increase market share.

The fourth is to further push ahead with cooperation in delivery and logistics service. On the basis of their existing cooperation, they will work together to seek cooperation in integrated logistics services, including warehousing, distribution, systems and data services, of business products such as SIM cards, terminals and engineering materials. They will also work together to explore the application of 5G technology and Internet of Things in the field of logistics.

The fifth is to strengthen cooperation in the sharing of membership points and resources. They will take membership points as a vehicle to achieve mutual lead generation and joint marketing through points and equity exchange as well as member alliance. They will also reinforce their cooperation in their Internet-based service platforms and new media resources to promote win-win cooperation.

The signing of this strategic partnership agreement is a concrete implementation of the strategic deployment of the Central Committee of the Communist Party of China in building a country with strong cyber technology, a digital China, and a smart society. It is said that the two sides have already carried out sound cooperation in the fields of communication service, distribution service, sales channels, e-commerce and finance. Both China Post and China Unicom are large State-owned enterprises and outstanding industry representatives with good reputations and abundant resources as well as enormous network resources and customer resources in their respective fields. In the future, the two sides will continue to leverage their respective strengths to further enhance their core competitiveness in the field of digital service and improve their business development capabilities and market share.

 

 

Liu Aili, Chairman and Secretary of the Leading Party Members’ Group of China Post, delivers a speech

 

Wang Xiaochu, Chairman and Secretary of the Leading Party Members’ Group of China Unicom, delivers a speech

 

Liu Aili, Chairman and Secretary of the Leading Party Members’ Group of China Post, talks with Wang Xiaochu, Chairman and Secretary of the Leading Party Members’ Group of China Unicom

 

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