Bohai Bank and Bohua Group signed a strategic cooperation agreement to focus on the high-quality development of the manufacturing industry
On August 7, the signing ceremony of the strategic cooperation agreement between China Bohai Bank Co., Ltd. (hereinafter referred to as “Bohai Bank”) and Tianjin Bohai Chemical Group Co., Ltd. Bank headquarters building.
Wang Jinhong, Secretary of the Party Committee of Bohai Bank, Secretary of the Party Committee and Chairman of Bohua GroupWang JunmingWaiting to witness the signing. Qu Hongzhi, Deputy Secretary of the Party Committee and President of China Bohai Bank, and Tian Yunsheng, Deputy Secretary of the Party Committee and General Manager of Bohua Group, signed the agreement on behalf of all parties.
The signing of this strategic cooperation agreement is a comprehensive implementation of the spirit of the 20th National Congress of the Communist Party of China by Tianjin municipal enterprises, the implementation of Tianjin’s “Ten Actions” deployment, the aggregation of state-owned and state-owned enterprise resources, and the transformation and upgrading of the petrochemical industry to green, high-end, and intelligence. , an important measure to help the in-depth implementation of the manufacturing industry’s development strategy. According to the agreement, Bohai Bank will establish a long-term, stable, mutually beneficial, and win-win comprehensive strategic partnership with Bohai Chemical Group, continuously enhance the depth and breadth of relevant business cooperation, and play the role of state-owned enterprises to promote the high-quality development of Tianjin’s chemical industry.
Exploring the transformation and development of the manufacturing industry with the joint efforts of state-owned assets and state-owned enterprises
Since the beginning of this year, the Municipal Party Committee and the Municipal Government have focused on the overall high-quality development of Tianjin and made a major strategic plan for the implementation of the “Ten Actions”. Promote implementation. In the first half of this year, Tianjin’s economic operation was stable and improved, and its quality was improved steadily. The proportion reached 22.0%.
Tianjin State-owned Assets Supervision and Administration Commission took the lead in responding to the call of the Municipal Party Committee and the Municipal Government, formulated and implemented the state-owned assets system to implement the city’s “Ten Actions” work plan, and coordinated the role of state-owned enterprises. The operating income of enterprises supervised by the Municipal State-owned Assets Supervision and Administration Commission increased by 11.5% year-on-year, and the total profit increased by 32.5% year-on-year, which played an important role in supporting the high-quality economic development of the city. Among them, Chinese-funded financial enterprises and manufacturing enterprises made significant contributions.
In the process of promoting the transformation from a “manufacturing country” to a “manufacturing power”, and in implementing the “Ten Actions” deployment of the manufacturing industry, the role of financial “flowing water” in bailing out and boosting is crucial. Bohai Bank has a deep understanding of its due meaning, undertakes the mission and responsibility of a state-owned financial institution, and continues to increase financial support for the manufacturing industry. In terms of top-level design, in its “2021-2025 Development Strategic Plan”, the bank clearly regards “serving the real economy” as the starting point and foothold of its business, and closely links credit resource allocation with national development strategies to help traditional industries, manufacturing industry transformation and upgrading; in terms of system guarantee, Bohai Bank has given continuous preferential support in terms of pricing and credit scale, especially increasing the allocation of credit resources for medium and long-term manufacturing industries, making full use of re-loans related to equipment renewal and transformation of the People’s Bank of China, etc. Policy tools to reduce the financing cost of real enterprises; In terms of organizational mechanism, set up an agile working group, establish an efficient communication mechanism, and do a good job in the financial service manufacturing industry.
Tianjin is the birthplace of China’s modern chemical industry and a traditional manufacturing base. It has a solid economic foundation, a solid “family background”, and a good industrial foundation and development conditions. With the further advancement of the country’s major strategic decision of “carbon peaking and carbon neutrality”, green transformation and development have also become the goal of common exploration and practice by the whole industry. Bohai Bank has taken “dual carbon” and green as the fundamental direction of strategic transformation, and has always fully integrated the concept of green finance into its business operations. This also coincides with Bohua Group – the company adheres to green environmental protection and intelligent peers, builds an environmental protection sector, extends the ecological restoration industry chain, and actively deploys the new energy industry chain, promotes the development of industrial chain clusters, and creates a “zero carbon factory” .
The signing of this strategic cooperation agreement is an important measure for Bohai Bank and Bohua Group to base themselves on the new situation and promote complementary advantages, resource sharing, and mutual benefit and win-win results. Promote the industrial transformation and upgrading of Tianjin and drive the rapid development of relevant state-owned enterprises.
It is reported that through this strategic cooperation, Bohai Bank will provide a “package” and “one-stop” comprehensive financial cooperation plan from financing and credit, supply chain finance, cross-border finance and other aspects to meet the multi-level and diversified financial needs of chemical companies .
As Tianjin’s “Manufacturing City” continues to advance in depth, Bohai Bank will resolutely implement the major strategic deployment of the “Ten Actions”, continue to play its leading role in supporting the main force of local economic development, and continue to increase its financial service entities. Economic strength, actively explore the efficient path of financial support for the high-end, intelligent and green development of the manufacturing industry, and contribute to the “Bohai Power” to promote the stable and healthy development of the local economy.
