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Wang Xin met with Gu Shu, President of Shandong ICBC
2012-May-2

On April 19th, Mr. Wang Xin, the Chairman of the Board and Party Secretary of Yankuang Group, met with Gu Shu, President of Shandong ICBC in Jining Shengdu International Conference Center.

During their meeting, Mr. Wang Xin briefed the latter on Yankuang Group’s economic performance and its overseas development as well as the capital management. He said that in recent years, Yankuang Group expanded its economic scale and enhanced its status within the industry by earnestly implementing the strategy of internationalization, restructuring and purchasing overseas resource to increase its resource reserve.

Mr. Wang Xin noted that Yankuang Group couldn’t have achieved so much without ICBC’s support. Since the two parties had long-term and friendly cooperation, he hoped that ICBC would continue its support.

Mr. Gu Shu showed high appreciation to Yankuang Group ’s development. He said Yankuang Group stood firmly on the current situation, aimed for the long-run prospect, committed to sustainable development, took the lead in the “go out” strategy and had set a good example for other Chinese overseas enterprises.

He added that ICBC and Yankuang Group had enjoyed long-term and close cooperation. And ICBC would provide all-round financial service to support Yankuang’s development.