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GERG News

2014.12.22

Golden Eagle and Bank of ChinaEnter into Comprehensive Strategic Cooperation Agreement

On 11 December 2014, Golden Eagle Group (including Golden Eagle Retail Group andGolden Eagle International Group) and Bank of China Jiangsu branch held a signing ceremony of the "Comprehensive Strategic Cooperation Agreement"at theconference room on the 58th floor of [Golden Eagle Summit Hotel].

Prior tothe signing ceremony, Mr. Roger Wang, Chairman of Golden Eagle Group, and Mr. XuXiaoqiang, Vice President of Bank of China Jiangsu branch, conducted an in-depth meetingtogether with their respective teams. Both parties communicated on their ideasand expectations on the upcoming cooperation, and agreed upon anticipating further promotion of their business development along with entering a new chapter towards mutual benefits.

Participating guests of the signing ceremony from Golden Eagle Group included Mr. Roger Wang, Chairman of Golden Eagle Group, Mr. Su Kai, CEO of Golden Eagle Retail Group,Mr. Liu Nian and XuXiaoqiang, Vice President of Bank of China Jiangsu branch and so on.

Mr. Su Kai, CEO of Golden Eagle Retail Group, and Mr. Chu Bing, General Manager of Business Departmentat Bank of China Jiangsu branch signed the agreementon behalf of both parties.

According to the agreement, Bank of China Jiangsu branch will offerGolden Eagle Group a creditof RMB10 billion. Both parties will cooperate onvarious aspects including credit,cash management, foreign exchange business, creditcards, online banking, investment banking and supporting services, insurance and personal finance.

The agreement represents a milestone of the cooperation of both parties. It signifies that Golden Eagle and BOC shall work hand in hand todevelop a new stage of theircooperation, fully excel from the advantages brought by innovative products, broaden the scopeof services and effectively promote their businessestowards mutual benefits.

 
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