On February 4, Shandong Heavy Industry Group and Zhongtai Securities Co., Ltd. held a signing ceremony for the strategic cooperation agreement in Jinan. Wang Zhijian, Secretary of the Party Committee and Chairman of Shandong Heavy Industry Group, Wang Hong, Secretary of the Party Committee and Chairman of Zhongtai Securities, and Feng Yidong, Director and General Manager of Zhongtai Securities, attended the ceremony and held talks.

Ma Changhai, Member of the Party Committee, Deputy General Manager of Shandong Heavy Industry Group, Secretary of the Party Committee, Chairman and General Manager of Weichai Group, and Zhang Hao, Member of the Standing Committee of the Party Committee, Deputy General Manager and Secretary of the Board of Directors of Zhongtai Securities, signed the agreement on behalf of both sides.

Wang Zhijian introduced the development of Shandong Heavy Industry Group. He noted that Zhongtai Securities is an important partner of the group, providing long-term professional support for the development of its high-end equipment industry, asset securitization and internationalization. He expressed hope that both sides will take this signing as a new starting point to further expand cooperation areas and upgrade cooperation levels, give full play to Zhongtai Securities’ advantages in financial services, and support Shandong Heavy Industry in accelerating strategic transformation and upgrading, as well as continuously extending, supplementing and strengthening the industrial chain.

Wang Hong spoke highly of the development achievements of Shandong Heavy Industry Group and introduced the basic situation of Zhongtai Securities. He said that both sides have carried out practical cooperation in many business areas and built a number of landmark projects. Taking this signing as an opportunity, Zhongtai Securities will give full play to its advantages in full-license securities business, integrate high-quality resources, promote the implementation of cooperation, inject new capital momentum into the high-quality development of Shandong Heavy Industry, and achieve mutual growth and mutual success.

Under the agreement, the two sides will establish a long-term and stable strategic cooperative partnership, focusing on deepening cooperation in equity financing, debt financing, wealth management, industrial research, capital operation and other fields, jointly empowering the real economy and promoting high-quality development.