Shanghai Electric and China Industry&commercial Bank made an alliance

A Bank-Enterprise Strategic Cooperation Agreement was signed between SEC and China Industrial and Commercial Bank Shanghai Municipal Branch in November 10. According to the Agreement, Shanghai Municipal Branch of CICB will supply an amount of finance support which is equal to the value of RMB 10 billions, and also supply an all-round service including cash management, international business, investment finance and personal finance consultation, etc.

Another service agreement concerning the cash management was meantime signed between SEC Finance Co., Ltd. And Shanghai Municipal Branch of CICB. The chairman of SEC, and Sun Chiping, the president of CICB presented the signing ceremony.