China News Service Xining, July 2 (Qi Zengbei) A reporter learned from the Propaganda Department of the Xining Municipal Party Committee that on June 30, Xining Urban Investment Management Co., Ltd. (hereinafter referred to as "Xining Urban Investment Company") financial promotion conference was held in Beijing. The company has signed a 20 billion yuan cooperation agreement with relevant financial institutions in terms of credit support, bond issuance and subscription, major project financing, and liquidity support.

  Xining City Investment Management Co., Ltd. is a wholly-owned state-owned company approved by the Xining Municipal People’s Government. It has become a collection of urban resource development and operation, modern service industry, modern financial industry, modern agriculture, modern logistics industry, smart city operation, and strategy A comprehensive urban investment and financing operation service platform integrating sex and emerging industries. As of the end of 2020, a total of 36 enterprises have been invested with assets of 76.4 billion yuan.

The picture shows the scene of the financial promotion meeting of Xining City Investment Management Co., Ltd.

Photo courtesy of Xining City Investment Management Co., Ltd.

  Han Xianghui, member of the Standing Committee of the Xining Municipal Party Committee and Executive Deputy Mayor, said in his speech that the purpose of holding this financial promotion conference is to deepen government-enterprise cooperation, create a healthy and stable financial environment, build a good regional credit system, and promote the high-quality development of state-owned enterprises.

  Han Xianghui said that the Xining Municipal Government will strengthen the construction of the Xining Urban Investment Company’s credit system, put financial support and corporate development in a more prominent and more important position, and through the injection of high-quality assets, continuous financial capital injection, the establishment of emergency fund pools for debt repayment and Strengthen the guidance of forward-looking strategic emerging industries and other forms to help the company's transformation and upgrading, continuously strengthen the ability to resist risks and sustainable development, and create a good environment for the long-term development of the company.

  "We will always keep in mind the mission of development, actively integrate into the construction of the'four places', with the goal of building hundreds of billions of urban investment, strengthen and improve state-owned capital, and accelerate the construction of a comprehensive urban investment operator and state-owned capital with core competitiveness. Investing and operating companies, resolutely shoulder the historical responsibility of reform, and go all out to run a new "urban investment speed"." said Wang Haihong, secretary of the party committee and chairman of the Xining Urban Investment Company.

  Wang Liming, member of the Standing Committee of the Qinghai Provincial Party Committee and Vice Governor, pointed out that the financial sector and enterprises are an inseparable whole for economic and social development. There is a vast market for bank-enterprise cooperation and there is a lot to do.

We must strive to advance the strategy of "one excellence and two high", continue to play the role of "leading goose" and "ballast stone" of state-owned enterprises in economic and social development, and strive to blaze a trail for high-quality development of state-owned enterprises with Qinghai characteristics.

  Wang Liming expressed the hope that banks, entrepreneurs, and related financial institutions will further deepen communication and cooperation with enterprises in Qinghai Province represented by Xining Urban Investment Company, share opportunities, seek common development, and form a good situation of mutual promotion and common development. Make greater contributions to writing a new chapter in Qinghai’s modernization drive. (Finish)