On the afternoon of October 22, Liao Jiasheng, Chairman of CECEP, visited China Reform Holdings Corporation Ltd. (CRHC) for a working meeting with Xu Siwei, Chairman of CRHC. The two sides held in-depth discussions on strengthening practical cooperation. Fang Xiaobing, CRHC's Deputy General Manager, and Du Le, CECEP's Deputy General Manager, attended the meeting.
Liao thanked CRHC for its warm reception and its longstanding support and assistance to CECEP. He introduced CECEP's overall operations and its strategic plan for the 15th Five-Year Plan period. He noted that, as a central state-owned enterprise specializing in energy conservation and environmental protection, CECEP has consistently followed Xi Jinping Thought on Ecological Civilization and the principle that lucid waters and lush mountains are invaluable assets. The Group has actively supported China's carbon peaking and carbon neutrality goals and the development of a Beautiful China. Through years of development, CECEP has accumulated extensive practical experience in its core businesses and established a strong brand in the capital market. As a state-owned capital investment and operation company, CRHC plays an important role in restructuring the state-owned economy and advancing the reform and development of central state-owned enterprises. The two sides have a solid foundation for cooperation and promising prospects. CECEP hopes to deepen cooperation with CRHC in capital operations, asset securitization, equity investment and financing, and green development funds, working together to make greater contributions to high-quality green and low-carbon development.
Xu welcomed Liao and his delegation and spoke positively of the sound cooperation already established between the two sides. He also outlined CRHC's business portfolio and recent development. He said that, as a central state-owned enterprise selected to pilot state-owned capital operations, CRHC has consistently fulfilled its mandate and leveraged its role to support and empower the reform and development of other central state-owned enterprises. CECEP has long focused on energy conservation and environmental protection and continued to conduct capital operations in green industries, making positive contributions to the development of a Beautiful China. Its business priorities also closely align with CRHC's, creating significant potential for cooperation. CRHC looks forward to strengthening collaboration with CECEP in mergers and acquisitions, corporate restructuring, asset revitalization, fund operations, and coordinated overseas expansion to achieve mutual benefits and coordinated development.
Attendees included officials from CRHC's General Office, Operations Department, Finance Department, CNIC Investment, China Reform Development Investment, China Reform Industry Investment and Dagong Global, among other entities. Also attending were Zhao Youmin, Secretary of the Board of Directors and Director of CECEP's Cooperation Department, and officials from CECEP's General Office, Strategy Department, Finance and Treasury Department, CECWPC, the Research Center, CNEPG and CECEP Capital, among other units.
