On November 28, Shenzhen Stock Exchange (hereinafter referred to as “SZSE”) signed a strategic cooperation framework agreement with China Minmetals Corporation (hereinafter referred to as “China Minmetals”). The agreement involves further deepening their cooperation around the capital market lending impetus to reforms of state-owned enterprises (SOEs) to make new gains in improving their quality and performance and the enhancement of finance services for the real economy. SZSE Deputy Party Secretary and President & CEO Wang Jianjun, China Minmetals Deputy Secretary of Party Committee and President Guo Wenqing and others attended the signing ceremony.

China Minmetals is China’s largest group in the field of metal minerals with a high level of international operations and a strong ability of scientific and technological innovation. It has taken the lead in operating across the whole industry chain in the global metals and minerals sector and has diversified into the fields of finance, real estate, logistics and urban infrastructure. China Minmetals, as a pilot enterprise for state-owned capital investment company, owns many A-share companies and has gathered a wealth of experience in capital operation. China Minmetals and its subsidiaries launch fixed income products on SZSE and actively make use of the capital market to increase the proportion of direct financing, deepen supply-side structural reform, and improve the operational efficiency of state capital.

SZSE has been insisting on serving reform of state-owned enterprises through dimensional and multiple avenues, which is consistent with the development orientation of China Minmetals to continue to enhance synergy with the capital market. The deepened strategic cooperation will further draw on each other's strengths and boost mutual development. According to the agreement, the two sides will pioneer a long-term, stable and mutually beneficial cooperation around the service for listed enterprises, the preparation for enterprises to be listed, the expansion of diversified financing channels, the connecting of enterprises and financing platforms, and capital operation planning. SZSE will further give full play to functions of the capital market, serve the development strategy of China Minmetals to build a world-class enterprise, and contribute to ensuring the supply of metal resources of China.

SZSE has cooperated with more than 60 state-owned enterprises so far in multiple ways and actively helped them leverage the capital market in striving for excellence and achievements. SZSE will push forward the implementation of key tasks of sweeping reforms of the capital market of CSRC in future. It will strive for higher ability of direct financing, optimized fundamental system, abundant product supply and perfect market cultivation around the fundamental goal of serving high-quality economic development. In this way, it could deliver better services to the state-owned enterprise reform and private enterprise development, and endeavor to create an ecosystem of capital market matching with the demonstration pilot zone for socialism with Chinese characteristics.