Yintai Group and Industrial Bank Beijing Branch signed a comprehensive strategic cooperation agreement

On April 13, 2023, Intime Group signed a comprehensive strategic cooperation agreement with Industrial Bank Beijing Branch. Industrial Bank Beijing Branch will provide comprehensive credit and financing services with a total amount of 20 billion yuan or equivalent foreign currency to Intime Group, supporting the development of Intime Group in areas such as self owned commercial property asset management, commercial complex development and construction, commercial operation management, investment and financial business. Hao Chao, President of Industrial Bank Beijing Branch, and Shen Guojun, Founder and Chairman of Intime Group, attended the signing ceremony. Han Xuegao, President of Intime Group, and Tian Yuan, Assistant President, also attended the meeting.

Industrial Bank of China is one of the first joint-stock commercial banks approved by the State Council and the People's Bank of China. It was listed on the Shanghai Stock Exchange in 2007 and its business covers the world. It has developed into a modern comprehensive financial services group, ranking among the top 20 global banks and the top 500 global enterprises.

Yintai Group was founded in 1997, focusing on industrial development and industrial investment. Its business covers commercial retail, commercial real estate development and operation management, mineral resource exploration and development, equity investment and other fields. It is a modern enterprise group with outstanding main business, diversified development, and dual wheel drive of industry and capital.

As a mainstream commercial bank group in China, Industrial Bank has established cooperative relationships with multiple enterprises under Yintai Group. In the future, Intime Group will rely on its own medium - and long-term development strategy, consolidate its existing business cooperation with Industrial Bank, and comprehensively strengthen strategic cooperation in areas such as green finance, investment banking, payment settlement, cash management, wealth management, international business, and financial leasing to achieve mutual benefit and common development. It is committed to creating a new model of financial services for the real economy and supporting the integrated development of banks and enterprises.