On November 26, 2020, under the witness of SPIC Party Secretary and Chairman Qian Zhimin, CICC Chairman Shen Rujun, and Party Secretary and CEO Huang Zhaohui, Chen Xi, SPIC Party Secretary and Chief Accountant Signed a strategic cooperation agreement with Bai Yingzi, vice chairman and managing director of CICC Investment Banking Committee, on behalf of both parties. According to the agreement, the two parties will carry out all-round cooperation in investment banking, industrial investment, stock trading, asset management, research support, fixed income, international business and other fields based on the principles of friendly negotiation, honesty and credibility, and mutual benefit. Actively promote in-service personnel exchanges and government supervision docking, share corporate culture, build consensus between the two parties, and gradually establish long-term and strategic business cooperation relationships.

Before signing the contract, the two parties held talks. Qian Zhimin, Secretary of the Party Leadership Group and Chairman of SPIC, introduced the development and planning of SPIC in clean energy, major projects, energy industry Internet, and internationalization. He said that SPIC is shouldering the important mission of ensuring national energy security and has achieved leading development in the fields of advanced nuclear energy technology application, hydrogen energy, and energy storage. CICC has rich experience in capital operation and the prospects for cooperation between the two parties are broad. After communication and exchanges in September, the two sides have progressed smoothly in the preparation of the 14th Five-Year Plan, asset management, and talent exchange. In the future, it is hoped that CICC will provide further assistance in equity financing and asset management. The two parties will continue to deepen strategic cooperation in the fields of building energy unicorns, international capital operations, and international development to achieve mutual benefit and win-win results.

CICC Chairman Shen Rujun, CICC Party Secretary and CEO Huang Zhaohui, CICC Investment Banking Committee Vice Chairman and Managing Director Bai Yingzi introduced CICC’s successful experience in capital operation and analyzed The preparation of the 14th Five-Year Plan, the economic situation of the capital market and the development trend of the financial industry model. They said that SPIC has a lot to do in serving the country's "carbon neutrality" and "carbon peak". As China's first Sino-foreign joint venture investment bank, CICC has profound capital management experience. CICC will fully support SPIC to use the power of domestic and foreign capital markets to promote the in-depth development of clean energy structure transformation, cultivate and incubate various innovative businesses of the group, and support SPIC to make capital market solutions stronger, better and bigger. Program. Under the new development pattern where the domestic big cycle is the main body and the domestic and international double cycles promote each other, we will give full play to their respective advantages, promote the deepening of bilateral cooperation, and help SPIC build a world-class clean energy company with global competitiveness.

This cooperation will lay a solid foundation for the two parties to carry out all-round cooperation, broaden cooperation fields, and deepen cooperative relations. Editor/Peng Xue