Greenland M88 Malaysia and Bank of Communications reached a comprehensive strategic cooperation

Obtained a new M88 Malaysia credit of 30 billion yuan, capital escorts the greenfield industrial structure to be upgraded

In order to implement the requirements of the central government’s support for enterprises to implement the “going global” strategy，At the same time, realize the optimization and upgrading of domestic industrial structure，Deepen the long-term and stable banking-enterprise cooperation relationship between the two parties，August 19，Greenland M88 Malaysia and Bank of Communications Head Office signed an agreement in Shanghai to carry out comprehensive strategic cooperation，Bank of Communications provides a comprehensive credit line of 30 billion yuan to Greenland M88 Malaysia，In the "total to total" mode，Expanding overseas projects of Greenland M88 Malaysia、Metro Investment、Comprehensive support for old city renovation and financial investment and other industries。Niu Ximing, Chairman of Bank of Communications，Lu Benxian, Business Director of Bank of Communications、Zheng Zhiyang, President of Shanghai Branch、Zhao Jiong, Chairman of BoCom International Trust Company，And Chairman of Greenland M88 Malaysia、President Zhang Yuliang，Executive Vice President Xu Jing、Zhang Yun attended the signing ceremony。

According to the cooperation agreement，Both parties will adopt a "head-to-head" cooperation model，Aimed at overall docking，Expand the scope of cooperation，Enhancing the level of cooperation。Bank of Communications will give full play to its own advantages，Provide a package of credit solutions for the development of Greenland M88 Malaysia，And focus on Greenland M88 Malaysia’s “going out” overseas investment and development、Implementation of Metro Industry Investment Plan、Old city renovation and affordable housing project development and construction, etc.，Provide working capital、Merger and Acquisition Loan、Financial advisor and other comprehensive financial solutions；In addition，Will also support Greenland M88 Malaysia in the trust、Securities (Fund) Company Asset Management Business、New financing models in industrial integration funds and other aspects，Strengthen business cooperation。On this basis，Both parties will also actively explore further practical cooperation in other fields，Enhance the brand advantages and comprehensive competitiveness of both parties in their respective fields。

Chairman Niu Ximing said，Greenland M88 Malaysia has created a glorious development history in the 22 years since its establishment，Impressive，It fully proves that mixed ownership reform can stimulate the vitality of enterprise growth、Promoting the rapid growth of enterprises is of great significance，Greenland’s successful experience is worthy of learning from the Bank of Communications。He pointed out，Greenland M88 Malaysia expands in overseas markets、Urban Comprehensive Development、Extensive layout in comprehensive industrial operations and other fields、Unique strategy，is an ideal strategic partner of Bank of Communications。BoCom will closely focus on the development needs of Greenland M88 Malaysia，Give full play to internationalization、Integrated business advantages，Providing comprehensive services to Greenland M88 Malaysia、Full process、High level financial services，Strongly support the development of various businesses of Greenland M88 Malaysia，Serving the economic and social development of various places，Work together to create a better future。

Chairman of Greenland M88 Malaysia、President Zhang Yuliang pointed out，Comprehensive cooperation with Bank of Communications，It is Greenland M88 Malaysia that accelerates the pace of internationalization，Accelerate the transformation of domestic business structure，Meet the construction of urban transportation facilities across the country、Needs for livelihood projects such as old city reconstruction，It also promotes the M88 Malaysia’s “re-growth”，The need to realize the integrated development of industry and finance。This time, we received a high amount of credit from Bank of Communications and reached a strategic partnership，This fully demonstrates the current high recognition of the good development trend of Greenland M88 Malaysia by large state-owned financial institutions and their full trust in the credibility of Greenland Enterprises。I believe that through the sincere cooperation between both parties，The superposition effect of advantages will definitely be exerted，To make Chinese enterprises bigger and stronger，For the steady growth of China’s economy、Adjust structure、Making new contributions to people’s livelihood。

Greenland M88 Malaysia has recently made “going out” overseas investments、Continuous expansion at the industrial level，Metro Industry、Financial Industry、Industrial park development has achieved many gains。Comprehensive cooperation with Bank of Communications and obtaining a comprehensive credit line of 30 billion yuan，It is Greenland M88 Malaysia’s simultaneous promotion at the financing level、Close cooperation，Shows comprehensive strength at the financing level for the first time。According to public information statistics，In the context of the tightening of the overall real estate financing environment so far this year，Greenland M88 Malaysia received a comprehensive credit line of 30 billion yuan from the Bank of Communications，It is one of the few bright spots in bank financing for large enterprise groups whose main business is real estate。Through comprehensive strategic cooperation with powerful financial institutions such as Bank of Communications，And overseas bond issuance, etc.，Also helps Greenland M88 Malaysia achieve its full-year performance target in the second half of the year、Provide financial guarantee to achieve medium and long-term development goals。