2023, the State Investment Group signed a strategic cooperation framework agreement with China Railway Group Limited (hereinafter referred to as China Railway). Fu Gangfeng, Chairman and Party Secretary
of CITIC Group, and Chen Yun, Chairman and Party Secretary of China Railway witnessed the signing of the agreement. Du Wenmin, Vice General Manager of CITIC Group and Member of the Party Group, and Liu Baolong, Vice President of China Railway and Standing Committee of the Party Committee, signed the contract on behalf of both sides. Li Xinsheng, Vice President of China Railway and member of the Standing Committee of the Party Committee, participated in the activities.
Fu Gangfeng introduced the historical evolution, business layout and recent operation of CITIC Group. He said that SDIC and China Railway have a good foundation for cooperation in power engineering, water and environmental protection, and hope to take this signing as an opportunity to further carry out all-round and in-depth cooperation in clean energy, healthy old-age care, human resources, financial services and other fields, so as to give full play to their respective professional advantages and achieve mutual benefit and win-win results.
Chen Yun introduced the core business and recent operation of China Railway. He said that the businesses of China Railway and SDIC are highly complementary, and the two sides have both a good foundation for cooperation and broad space for development. He hoped that they would further promote cooperation at a higher level, at a deeper level and in a wider field, and jointly create a new chapter of development. Guo Zhongjie, Assistant General Manager
of SDIC Group, Li Baolin, Secretary of the Board of Directors, Meng Shuhao, Assistant General Manager, and the heads of relevant units of SDIC Power, SDIC Health, SDIC Capital and China Railway participated in the event.
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