Gathering the strength of Hebei merchants to paint a grand picture of industry and finance. China Zhongji Investment officially unveiled.
On the morning of September 26th, the unveiling ceremony of China Zhongji Investment Co., Ltd. was grandly held in Shijiazhuang. China Zhongji Investment, as a provincial-level private enterprise joint investment platform in Hebei Province, officially commenced operations.
China Zhongji Investment is the officially launched provincial-level private enterprise joint investment platform following Zhejiang Provincial Private Enterprise Investment Co., Ltd., Jiangsu Provincial Private Enterprise Investment Co., Ltd., and Guangdong Provincial Private Enterprise Investment Co., Ltd. It was initiated and established by nine shareholder units, including Rongsheng Development, Yangyuan Intelligent Beverage, and Xin'ao Group, with a registered capital of 10 billion yuan. Geng Jianming, chairman of Rongsheng Development, serves as chairman of China Zhongji Investment.
Zhao Kezhi, Secretary of the CPC Hebei Provincial Committee, and Zhang Qingwei, Governor of Hebei Province, made instructions on the establishment of China Zhongji Investment. Fan Zhaobing, member of the Standing Committee of the CPC Hebei Provincial Committee, secretary-general, and head of the United Front Work Department, and Liu Jinsong, chairman of the Hebei Provincial Federation of Industry and Commerce, presided over the unveiling ceremony.
In their instructions, Zhao Kezhi, Secretary of the CPC Hebei Provincial Committee, and Governor Zhang Qingwei pointed out that the establishment of China Zhongji Investment is a significant event for the private economy in Hebei Province. It is also an innovative move by Hebei Province to deepen reform of its investment and financing system and expand investment from social capital. It will successfully usher in a new model for private investment in Hebei Province involving group investment and cross-sectoral development. China Zhongji Investment should adhere to the development strategy of combining industry and finance, focusing on building a large, internationalized enterprise group with full financial licenses and focusing on future industries. It should extensively aggregate the energy of private capital, concentrating efforts on Hebei's industrial transformation and upgrading, particularly supply-side structural reform, so that social capital can play a greater role in building a strong economy and a beautiful Hebei.
In his speech, Chairman Geng Jianming stated that China Zhongji Investment is a provincial-level private enterprise industrial investment platform and financial holding platform jointly invested in by nine well-known enterprises in Hebei Province with a total investment of 10 billion yuan. It was established under the direct care of the CPC Hebei Provincial Committee and the provincial government, and with the promotion of the Hebei Provincial Federation of Industry and Commerce, to thoroughly implement the guiding principles of the 13th Five-Year Plan for Hebei Province and implement the economic strategic layout of Hebei Province. China Zhongji Investment was prepared for establishment and included in the 13th Five-Year Plan for Hebei Province against the backdrop of a significant slowdown in the growth rate of private investment nationwide. This is a significant event to promote the development of private enterprises and implement the participation of private capital in social investment. The unveiling of China Zhongji Investment will change the current situation of independent development among private enterprises in Hebei, opening a new chapter for private enterprises in Hebei to unite through capital, aggregate strength, and develop jointly. The official operation of China Zhongji Investment will explore a new model for private enterprises in Hebei and even across the country to transform, upgrade, and carry out supply-side reforms by building new platforms and expanding into new areas. The future development of China Zhongji Investment will inevitably drive the enthusiasm for private capital investment in Hebei and help reverse the sharp decline in the growth rate of private investment. As a joint development platform for Hebei businesspeople, China Zhongji Investment operates under the principles of "integrating resources of Hebei businesspeople, building investment platforms, achieving the integration of industry and finance, promoting industrial upgrading, serving national strategies, and contributing to the development of Hebei."
China Zhongji Investment will use large assets and large wealth as its two ends, supported by financial licenses, and adopt a new business model integrating industry and finance with fund-based operations. In line with supply-side reform, China Zhongji Investment will establish various investment funds focusing on industrial upgrading, infrastructure construction, mixed-ownership reform of state-owned enterprises, the Belt and Road Initiative, and entrepreneurship and innovation. It will focus on people's eternal pursuit of health, happiness, and joy, prioritizing investment in infrastructure construction in the Beijing-Tianjin-Hebei integrated region, energy conservation and environmental protection, medical health, consumption, and entertainment.
Following the unveiling ceremony of China Zhongji Investment, a signing ceremony was also held. The company signed a strategic cooperation framework agreement with China Construction Transportation Group, jointly investing in municipal infrastructure, sponge cities, underground pipe galleries, old city renovation, park construction, environmental treatment, new urbanization, characteristic town construction, and other key PPP projects in the Beijing-Tianjin-Hebei integrated region. At the same time, the company also signed cooperation agreements with Caida Securities, Minsheng Bank, and the Shijiazhuang branch, undertaking comprehensive cooperation in the financial sector.
