On August 13, Shenzhen Stock Exchange (“SZSE”) and Huaxia Bank Co., Ltd. (“Huaxia Bank”) signed a strategic cooperation agreement and had an in-depth discussion on how to promote deep integration of commercial banks with capital market, further reduce enterprises’ financing cost, do well in supporting pandemic prevention and control and economic and social development as a whole, fulfill the task of ensuring stability on six fronts and maintaining security in six areas, etc. SZSE Party Secretary and Chairman Wang Jianjun, SZSE Deputy Party Secretary and General Manager Sha Yan, Huaxia Bank Deputy Party Secretary and President Zhang Jianhua, etc. attended relevant activities.
Huaxia Bank has always been focusing on the development of its main business, adhering to serving the real economy and national strategies, and guiding reasonable allocation of financial resources. With improving financial services to private companies and micro, small and medium-sized businesses as the “sally port” to fulfill the task of ensuring stability on six fronts and maintaining security in six areas, Huaxia Bank is quickening its step to integrate in the new development pattern featuring “domestic economic circulation and dual economic circulation”, and leveraging on technological innovation to promote high-quality economic development.
SZSE has always been sticking to serving national strategies and economic and social development, conscientiously carried out the principles of “building systems, no intervention, and zero tolerance”, and steadily promoted the implementation of the task of deepening the reform of the capital market on all sides. Currently, SZSE is fully ensuring the steady implementation of the reform of the ChiNext Board and the pilot project of the registration-based IPO system according to the work requirements of being “open-minded, transparent, honest and strict”, and striving to create an expected stable development environment for enterprises, truly enhance their sense of gain from the reform, better support the development of technology and innovation-oriented enterprises, promote the transformation and upgrading of traditional enterprises, and serve high-quality economic development.
SZSE and Huaxia Bank have always maintained close communication and good cooperation, and have collaborated in bond business, enterprise cultivation, etc. many times and achieved phased results. Next, the two parties will, under the framework of the strategic cooperation agreement, give full play to each other’s strengths, deepen cooperation in the fields of listing cultivation, products and services, fintech and information sharing and so on, establish a regular communication mechanism for SMEs listing cultivation, and strengthen cooperation in bond issuance and asset-backed securitization business. They will do a good job in investment and financing docking via SZSE’s V-Next platform, use financial resources to better serve the development of more scientific and technological innovation-oriented enterprises, private companies and micro, small and medium-sized enterprises, jointly channel medium- and long-term funds to quality assets, strengthen the wealth effect from investment, and provide higher-quality, more efficient financial services to the implementation of the task of ensuring stability on six fronts and maintaining security in six areas.