
On March 11, Zhou Yuxian, Party Secretary and Chairman of China National Building Material Group, met with Yang Yucheng, Party Secretary and Chairman of Xinhua Insurance, and his delegation at the headquarters of the Group. The two sides held a discussion and exchange on deepening cooperation between industry and finance, cohesion and win-win cooperation. Chen Yijiang, Deputy Secretary of the Party Committee and President of Xinhua Assets, Liu Lei, Member of the Standing Committee of the Party Committee and Secretary of the Discipline Inspection Commission of China National Building Material Group, and Zhuang Qinxia, Assistant President of China National Building Material Co., Ltd., attended the event.

Zhou Yuxian extended a warm welcome to Yang Yucheng and his party. He pointed out that in recent years, China's building materials have concentrated on breaking through the "bottleneck" technology, giving full play to the leading role of industrial support, and leading the formation of a modern material industry system that is autonomous, controllable, safe, reliable and competitive. The group also actively plays the role of state-owned capital investment companies, promotes the transformation from managing enterprises to managing capital, and achieves positive results in professional integration, mergers and acquisitions, and fund empowerment. In the future, there will be broad space for cooperation between the Group and Xinhua Insurance in the fields of capital operation, industrial funds and employee welfare security. It is hoped that the two sides will take industry as the foundation and capital as the link, deepen coordination in serving the national strategy, and jointly contribute industrial strength and financial wisdom to the modernization of China.

Yang Yucheng thanked Zhou Yuxian for his warm reception and introduced the business layout and development of Xinhua Insurance. He said that deepening cooperation with leading enterprises in the real industry is an important direction for Xinhua Insurance to promote high-quality development and serve the construction of a strong financial country during the 15th Five-Year Plan period. Xinhua Insurance will give full play to the advantages of insurance patient capital, earnestly fulfill the responsibilities and missions of financial central enterprises, carry out all-round and deep-seated strategic cooperation with China Building Materials, promote complementary advantages and win-win cooperation between the two sides, and jointly contribute to strengthening and optimizing the real economy and promoting high-quality economic and social development.
Before the meeting, Liu Lei accompanied Yang Yucheng and his party to visit the exhibition hall of the group. Relevant persons in charge of Group Business Department/Strategic Customer Department, Strategic Development Department, Office and Xinhua Assets of
Xinhua Insurance; The Office of China Building Material Group, the Organization Department of the Party Committee (Human Resources Department), the Strategic Development Department (International Cooperation Department), the Investment and Capital Operation Department, the Investment and Development Department of China Building Material Co., Ltd., and the relevant leaders of China United Investment and China Building Material New Material Fund participated in the discussion and exchange.
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