Bank of Beijing signed a comprehensive cooperation agreement with China Potevio Co., Ltd. on October 19, 2006. Mr. Xing Wei, Chairman & CEO of China Potevio, Mr. Yan Bing Zhu, Chairman, Mr. Shi Yuan, Vice Chairman, Mrs. Yan Xiao Yan, President, and Mr. Xu Ning Yue, Vice President of Bank of Beijing attended the signing ceremony.
China Potevio will receive a RMB credit line of 1.5 billion Yuan from Bank of Beijing, according to the contract, for its scientific research, production growth and international business exploration. At the meanwhile, China Potevio will also provide Bank of Beijing with its products such as communication equipments, ATM terminals, intelligent financial cards and POS terminals in financial field.