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Join Effort for “Industrial” Brand Forging

Industrial Bank Co., Ltd., Industrial Securities Co., Ltd. and Industrial Fund Management Co., Ltd. Set up Strategic Alliance

July 30 in fuzhou , Industrial Bank Co., Ltd., Industrial Securities Co., Ltd. and Industrial Fund Management Co., Ltd. jointly signed the Cooperation Memorandum on Further Development of Strategic Alliance, blazing a new trail for strategic alliance among domestic bank, securities company and fund company.

In the future, all-round business cooperation in various areas as personal finance, institutional finance, fund business and fund trading will be carried out together by Industrial Bank Co., Ltd., Industrial Securities Co., Ltd. and Industrial Fund Management Co., Ltd.. Through sharing resources in client, channel, service, information and training aspects, exerting each advantage on professional service and market competence, the alliance will improve the overall service level and comprehensive strength, satisfy the integrated financial service demand by clients, and accomplish the win-win strategic goal.

Representatives from three sides expressed in the signing ceremony that, with the advance of reform and open-up for domestic financial industry, the financial market in China is marching on a rapid and sound developing path. Carrying out further cooperation in financial industry roundly is an inevitable trend that boasting broad developing space. On the one hand, clients' diverse demand for investment channel and investment product under new market circumstance has make the further cooperation inevitable; on the other hand, through the rapid extension in business and service that resulted from advantage complementary, the further strategic cooperation will promote the financial innovation, conduce to enhancing the sales and profit-making power, and upgrade the comprehensive competitive strength.

As the well-known financial institutions in their respective fields, Industrial Bank Co., Ltd., Industrial Securities Co., Ltd. and Industrial Fund Management Co., Ltd. have particular origin and history. They not only own same “Industrial” brand, but also have traditional long-term and friendly business cooperation. Establishing strategic alliance this time is the win-win combination as well as the overall strategic cooperation upgrading that based on original foundation. The alliance not only is a far-reaching event for the future development of three sides, but also will offer clients, those who choosing “Industrial” brand, a comprehensive wealth management of high-quality and all-round service.

In the signing ceremony, Industrial Bank Co., Ltd. signed the Agreement on Third-party Depository with Industrial Securities Co., Ltd., becoming the main depository bank of Industrial Securities Co., Ltd.. So far, the third-party depository business directed by both sides has been put into operation in a nationwide range with over 160 thousand clients.

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