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BEWG and Ping An Trust Co., Ltd. Entered a Strategic Framework Cooperation Agreement 2017-12-19

Recently, the signing ceremony of the Strategic Framework Cooperation Agreement between BEWG and Ping An Trust Co., Ltd. was held in BEWG Building. Ren Huichuan, General Manager of Ping An Insurance (Group) Co., Ltd. and Chairman of Ping An Trust Co., Ltd., Li Yongcheng, Vice Chairman, Deputy General Manager, Executive Director and Chairman of the Board of Directors of BEWG, and Jiang Xinhao, Vice General Manager and Executive Director of BEWG attended and witnessed the signing ceremony. Cao Ningli, Vice General Manager of Ping An Trust Co., Ltd. and Zhou Min, Executive Director and President of BEWG signed the agreement on behalf of the two parties, respectively.

Chairman Li Yongcheng expressed a warm welcome to the arrival of leaders of Ping An Group. He pointed out that it is the duty and obligation of BEWG to insist on the concept of green development and construction with environmental protection as China is in a new stage of rapid development. As the leading enterprise in the industry, during the process of expanding business actively, BEWG needs strong partners like Ping An Group, to jointly build the environmental ecosphere of “symbiosis, alternation and regeneration” with the innovative model of city-industry integration and make contributions to the construction of the national ecological environment. 

President Zhou Min introduced basic situations of BEWG and characteristics of the water industry and explained the ecological strategy of BEWG. BEWG hopes to establish two core strategic platforms: one is to build the operation and management platform of water industry relying on excellent operation and management ability of BEWG, and the other is to build the strong financial property management platform through transformation of heavy asset into light asset with financial methods. He said that during the implementation process of ecological strategy of BEWG, Ping An Group is the highly matched partner and the combination of the two parties will generate larger synergistic effect. 

General Manager Ren Huichuang expressed high recognition towards the green development concept and the innovative idea of BEWG and introduced basic situations of Ping An Group and industry advantages. He said, “That ‘lucid waters and lush mountains are invaluable assets’ is the idea that we insist on and it needs to cooperate with enterprises with professional abilities such as BEWG during the process of making green finance enter the green industry.” Ping An Group is capable of providing a package of financial services for BEWG. It is hoped that the two parties can supplement each other’s advantages and make progress together to explore wider cooperation fields.

The parties also conducted in-depth discussions on the direction of future cooperation and will cooperate in the joint establishment of BEWG Ping An Water Investment Fund and other fields.

Ma Lu, General Manager of Regional Business Management Department of Ping An Trust Co., Ltd., Lin Hengxiong, Vice President of Fuzhou Regional Business Department of Ping An Trust Co., Ltd., Bian Zheng, Executive General Manager of Fuzhou Regional Business Department of Ping An Trust Co., Ltd., Zhong Chongchong, Middle Manager of Regional Business Management Department of Ping An Trust Co., Ltd., Liao Yawen, Middle Investment Manager of Fuzhou Regional Business Department of Ping An Trust Co., Ltd., Xu Gang, General

Manager of Strategic Investment Department of Beijing Enterprises Holdings Ltd., Huang Wenlong, General Manager of Strategic Development Center of BEWG, Hou Qicai, General Manager of Beijing Enterprise Financial Service (Beijing) Investment Holding Co,. Ltd., Ma Beibei, Vice General Manager of Beijing Enterprise Financial Service (Beijing) Investment Holding Co., Ltd., et al. attended the signing ceremony. 

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