China News Service, April 20. Yesterday, New World Development Co., Ltd. (hereinafter referred to as "New World") and GF Securities Co., Ltd. (hereinafter referred to as "GF Securities") signed a strategic cooperation agreement. The two parties will closely focus on financial service entities. The goal is to create a model of high-quality development under the new development pattern.

This cooperation will focus on capital markets, research fields, client resources and wealth management, etc., and strengthen the diversified exploration of business flows in the New World Ecosystem.

  Dr. Zheng Zhigang, Chief Executive Officer of New World Development Co., Ltd. and Executive Chairman of New World China, said: "New World has always been committed to promoting its own development with innovative thinking and creating shared value for the society. I believe this strategic cooperation will give full play to the advantages of both parties and jointly explore A new development model to achieve co-creation and win-win.”

Dr. Zheng Zhigang, CEO of New World Development Co., Ltd. and Executive Chairman of New World China, attended the signing ceremony online

Group photo of representatives of both parties

Strong alliances enhance asset value in an all-round way

  Through cooperation with GF Securities, New World will explore more asset integration and investment M&A projects, select high-quality M&A targets, explore the establishment of M&A fund services, and comprehensively enhance New World's asset value to further optimize the group's assets.

Customer resource sharing to achieve mutual benefit and win-win

  Based on New World's long-term experience in high-quality project operation and customer service in Hong Kong and the Mainland, the two parties will strengthen customer resource sharing and cooperation, explore the establishment of a customer resource sharing mechanism, and promote customers and employees to enjoy each other's high-quality services, including recommending high-quality services to each other. Net worth customers and employees can enjoy the other party's asset allocation, private banking and other high-end wealth management services, as well as hotel reservations, real estate and precious metal jewelry purchases, medical and health education, insurance and other preferential services.

The two parties will conduct secondary exploration of the needs of high-net-worth customers, and select New World's rich business in mainland China, Hong Kong and Macau in a targeted manner.

Give full play to professional advantages to strengthen wealth management

  Based on the wealth asset level of the two major groups, New World and GF Securities, both parties will leverage their respective professional advantages to promote the preservation and appreciation of financial assets through services such as wealth management and high-quality financial product recommendation, so as to achieve mutual benefit.

  The cooperation between New World and GF Securities fully demonstrates that both parties are actively exploring new development models and are well prepared for future expandable opportunities.

In addition, the two sides will further strengthen the exchange of international and domestic excellent industry experience, promote cooperation in the Guangdong-Hong Kong-Macao Greater Bay Area, accelerate the gathering of financial, capital, talent and other advantages and resources in the region, and promote the realization of financial service entity goals. To provide a more international and comprehensive high-quality service experience for the users.

  Ms. Huang Shaomei, Executive Director of New World Development Co., Ltd. and Chief Executive Officer of New World China, said: "The Guangdong-Hong Kong-Macao Greater Bay Area is an important position for New World's business development. GF Securities and New World China are both based in Guangzhou, deeply cultivating the Greater Bay Area, and radiating across the country. , I look forward to the cooperation with GF Securities to further improve and promote the group's business layout, and contribute to the high-quality development of the society and their respective brands." (End)