On September 22, SZSE signed a strategic cooperation agreement with Bank of Shanghai Co., Ltd. (BOS). The two sides deeply exchanged views on the issues like promoting the deep cooperation between commercial banks and the capital market, easing financing difficulties for private, small, medium and micro enterprises, coordinating the support for the epidemic prevention and control and the economic and social development, and jointly serving the national strategies of developing the Guangdong-Hong Kong-Macao Greater Bay Area and advancing the integrated development of Yangtze River Delta. Wang Jianjun, Secretary of SZSE Party Committee and Chairman of SZSE, and Jin Yu, Secretary of BOS Party Committee and Chairman of BOS attended the signing ceremony.
In recent years, BOS has been fully integrating itself into national strategies, actively advancing the institutional layout, and promoting the specialized operation and refined management. It has been improving the six financial service systems for inclusive business, supply chains, scientific and technological innovation, people’s livelihood, cross-border banking, and investment banking, and increasingly supporting private, small and medium-sized enterprises. As a result, BOS has formed strong strategic and institutional advantages, with ever-larger market influence and ever-growing capability to serve people’s livelihood.
SZSE solidly advances the comprehensively deepening reform in the capital market by consistently adhering to serving national strategies and overall economic and social development. Relying on its advantage in facilitating the innovative capital formation and function of optimizing resource allocation, SZSE strives to create a “quality innovative capital center and world-class exchange”. Meanwhile, SZSE is committed to building an all-round and efficient market cultivation service system to serve the reform of state-owned enterprises, to boost the development of private firms, and to support the high-quality expansion of growth innovative and start-up enterprises. In this process, SZSE aims to continuously enhance its capacity of serving the real economy and to promote the high-level circulation of technology, capital and the real economy. For such goals, SZSE and BOS have long been maintaining close communication and sound cooperation in many aspects like fixed income business and corporate cultivation. The signing of the current strategic cooperation agreement is a phased result of their pragmatic cooperation towards the common goals.
Next, under the framework of the strategic cooperation agreement, SZSE and BOS will fully play their own advantages to further deepen the cooperation in fixed income business, listing cultivation, product innovation, information sharing, Fintech, cross-border services, personnel exchanges and other aspects. Both sides will intensify the cooperation in bonds and asset securitization business to actively promote the optimization of the bond trading mechanism. Both sides will mobilize financial services, by fully leveraging the dual-wheel driver of direct and indirect financing, to better serve the development of more technological innovation enterprises as well as private, small, medium and micro businesses. In this way, SZSE and BOS will work together to provide higher-quality and more efficient financial services for the development of the real economy.
