Minsheng Bank Tianjin Branch and Tianjin Rongcheng Xiangtai Group held a strategic cooperation agreement signing ceremony

The right time, the right place and the sun are urging each other, and the green trees are shaded and the summer is coming. On April 26, 2023, on the occasion of the 22nd anniversary of the establishment of Tianjin Rongcheng Iron and Steel Group Co., Ltd. and the second anniversary of the establishment of Tianjin Rongcheng Products Group Co., Ltd., Tianjin Branch of Minsheng Bank signed a strategic cooperation agreement with Tianjin Rongcheng Xiangtai Investment Holding Group Co., Ltd. . Director and President of Tianjin Rongcheng Xiangtai Investment Holding Co., Ltd., Zhang Junting, Chairman of Tianjin Rongcheng United Iron and Steel Group Co., Ltd., Ju Weiyu, President of Tianjin Branch of Minsheng Bank, Cui Junfeng, Vice President, Zhang Ying, General Manager of Tianjin Rongcheng Products Group, Tianjin Youfa Steel Pipe Li Maojin, chairman of the group, and Zhang Lei, deputy director of Tianjin State-owned Assets Supervision and Administration Commission, witnessed together.

Tianjin Rongcheng Xiangtai Investment Holding Group Co., Ltd. is headquartered in Binhai New Area, Tianjin, with nearly 10,000 employees. Rongcheng Group has been in business for 35 years and has taken root in Tianjin for 22 years. As of 2022, the group’s total assets will be 34.1 billion yuan, accumulative profits and taxes will be 24.1 billion yuan, the cumulative total social contribution will be 30.8 billion yuan, and the direct investment in social public welfare undertakings will reach nearly 800 million yuan. In 2022, it will rank 118th among China’s top 500 private manufacturing companies, 256th among China’s top 500 private enterprises, and No. 1 among private enterprises in Tianjin.

President Ju Weiyu said that “customer-centric” is the business philosophy of Minsheng Bank. Based in Tianjin for 18 years, Minsheng Tianjin Branch has always kept in mind the original intention of serving the real economy, fulfilled the mission of supporting local enterprises, and continued to improve the quality and efficiency of financial services. Inject a steady stream of kinetic energy and vitality into supporting the development of the real economy.

At present, the global economic environment is undergoing profound changes. Both banks and enterprises are in the wave of digitalization and informationization. The development trend of enterprise groups and ecological circles is intensifying. The cooperation between enterprises and banks is becoming a mutual user, mutual customer ecology, and value co-creation is becoming more and more a trend and trend. In 2023, Tianjin Branch will include Rongcheng Group as a strategic customer of Minsheng Bank, in order to provide more comprehensive financial services. Minsheng Bank Tianjin Branch will further deepen the competitive advantages of high-quality, efficient, flexible and innovative, and differentiated services, and strive to customize comprehensive financial service solutions for Rongcheng Group covering corporate finance, transaction banking, investment banking, supply chain finance, and personal finance. . Looking forward to realizing “republic, symbiosis, sharing, win-win and common prosperity” with Rongcheng Group

Zhang Junting, director and president of Tianjin Rongcheng Xiangtai Investment Holding Co., Ltd., said that after more than 30 years of development, the group company has formed four major industrial sectors: steel energy, economic and trade services, cultural health, and technology and finance. Constructed the overall layout of the group headquarters, four sub-groups, research institutes, colleges, and foundations “1+7” and the integration of urban and rural industries with “industry-city integration, industry-finance linkage, industry-education joint, industry-research collaboration, and industry-industry symbiosis” developmental model. Thanks to Minsheng Bank for its recognition of Rongcheng Group and its support over the years. Rongcheng Group looks forward to a broader cooperation space with Minsheng Bank Tianjin Branch!

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