On October 19, CECEP signed a strategic cooperation agreement with Beijing Rural Commercial Bank (BRCB) and held a working meeting. Liao Jiasheng, Chairman of CECEP, and Zhang Shirong, General Manager of CECEP, witnessed the signing alongside Bai Xiaodong, Chairman of BRCB, and Tian Hui, President of the bank. Zhu Qingfeng, CECEP's Chief Accountant, and Liu Xinyi, BRCB’s Vice President, signed the agreement on behalf of their respective organizations.
Liao Jiasheng thanked BRCB for its longstanding support and assistance to CECEP and introduced the Group's business portfolio and strategic plans. He said that, as a centrally administered state-owned enterprise specializing in energy conservation and environmental protection, CECEP has consistently made it its mission to put Xi Jinping Thought on Ecological Civilization into practice. Through its sustained efforts in the energy conservation and environmental protection sector, the Group has continued to grow and strengthen its business and is accelerating high-quality development under its 15th Five-Year Plan (2026–2030). He noted that the two organizations had established a solid foundation for cooperation and enjoyed broad prospects for further collaboration. Taking the signing as an opportunity, CECEP hopes to expand cooperation with BRCB in areas including credit services, green finance, asset-backed securities, bond investment, and consulting on carbon peaking and carbon neutrality and environmental, social and governance (ESG) matters, working together to advance green, low-carbon and high-quality development.
Bai Xiaodong commended the close cooperation between the two organizations over the years and outlined the bank's development history and recent work. He noted that BRCB, the first provincial-level joint-stock rural commercial bank approved for establishment by the State Council, has remained committed to serving the country and the people through finance. The bank continues to develop its inclusive, technology, green and pension finance businesses and attaches great importance to its strategic partnership with CECEP. He emphasized that the two organizations had a solid foundation for cooperation and substantial potential for further collaboration. Taking the agreement as a new starting point, BRCB will deepen cooperation with CECEP in traditional lending, investment banking, asset securitization, financial leasing and carbon finance innovation, with the aim of establishing a model for bank-enterprise cooperation.
Officials from BRCB's Board of Directors Office, Head Office Business Department, Corporate Financial Services Department, Technology and Green Financial Services Department, and Financial Markets Department, among other units, attended the event. Also in attendance were Zhao Youmin, Board Secretary of CECEP and Director of its Cooperation Department, and officials from the Group's Treasury Department, Research Center, CNEPG, General Water of China, CECEP Finance, CECEP Capital and other units.
