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Plateau and Industrial and Commercial Bank of China Jiangsu Branch and Nanjing Zijin Investment Holdings Co., Ltd. conducted in-depth exchanges on future cooperation

On 22nd November , Plateau and ICBC Jiangsu Branch and Nanjing Zijin Investment Holding Co., Ltd. ("Zijin Investment Group") conducted in-depth exchanges on future cooperation. Liu Jin, President of ICBC Jiangsu Branch, Xia Min, General Manager of Investment Banking Department of ICBC Jiangsu Branch, Wang Haitao, Chairman of Zijin Investment Group , Chen Ling, Deputy Chief Accountant Zijin Investment Group, Hu Sudi, Director of Equity Investment Division Zijin Investment Group, Gu Huaiyu, Vice President of Zijin Trust , Gao Junzhong, Chairman of Nanjing United Property (Technology) Exchange , Plateau Team also attended the meeting.  

At the meeting, Chairman Wang Haitao first introduced Zijin Investment Group's development history, business segments, development plans, etc. Zijin Investment Group is directly affiliated to the Nanjing State-owned Assets Supervision and Administration Commission, and is a leading financial investment group with high-quality assets and promising development prospects. The group has a registered capital of 5 billion yuan and total assets of more than 70 billion yuan. Zijin Investment Group has formed a horizontal business layout of "multi-wheel drive and efficient coordination" in five major business sectors, including the financial services sector, venture capital sector, asset management sector, smart city sector and financial carrier sector. 

President Liu Jin introduced the situation of the Industrial and Commercial Bank of China Jiangsu Branch. Since its establishment, the Jiangsu Branch has been accelerating the pace of reform, development and innovation, and has become one of the largest, most profitable and best-quality provincial branches of the Industrial and Commercial Bank of China. Personal financial management, credit card, international settlement, investment banking and other businesses of Jingsu branch are in the leading position in the industry, and have won wide praise of the society and customers. President Liu Jin also reviewed the long-term cooperation history between ICBC and Plateau, also hoped to further strengthen cooperation with Zijin Investment Group and Plateau in innovative fields such as equity investment FOFs, Government Guiding Funds, and Small and Micro Loan Funds. 

Plateau’s partner Dong Yi introduced that Plateau as a deputy leader member of the State-owned Assets Supervision and Administration Commission of the State Council , has plentiful experience in establishment, financing, investment, management and exit of Private Equity Funds, and has accumulated a considerable number of high-quality enterprises and high-end customer resources. The "Jiangsu ICBC Plateau Fund of Funds" ("FOF") jointly established by Plateau and Industrial and Commercial Bank of China has been formally set up. The FOF and "Mixed Reform Fund" managed Zijin Investment Group will jointly establish an investment platform to focus on high-quality mixed reform projects inside and outside of Jiangsu province. In addition, Plateau is willing to cooperate with Zijin Investment Group in the mixed reform of the group. Plateau will give full use of its professional advantages in private equity investment, especially in the field of mixed ownership reform investment, and contribute to the promotion of the mixed reform of Zijin Investment Group. 

After that, the participants of the meeting conducted in-depth discussions on specific cooperation matters and the next step of work, and achieved good results. All parties agreed that they should continue to deepen cooperation, conform to the development needs of the market, actively promote innovation, and achieve a win-win situation.