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GDD Holding Group inks strategic cooperation agreements with 15 partner banks

June 24, 2024


Abstract : Guangzhou Development District Holding Group Limited inked strategic cooperation agreements with 15 partner banks on June 21. Aimed at promoting new quality productive forces through diversified finance, these agreements featured a total credit line exceeding 170 billion yuan, reported Shanghai Securities News.

BEIJING, June 24 (Xinhua) -- Guangzhou Development District Holding Group Limited (GDD Holding Group) inked strategic cooperation agreements with 15 partner banks on June 21. Aimed at promoting new quality productive forces through diversified finance, these agreements featured a total credit line exceeding 170 billion yuan, reported Shanghai Securities News.

To boost high-quality economic development, key measures include stepping up the building of a financial service system that serves new quality productive forces, facilitating the integration of technology, industry and finance, and serving the development of new quality productive forces, said Yan Yibin, chairman of GDD Holding Group.

Seizing this opportunity, GDD Holding Group will work with various partners to give full play to the role of diversified finance in fostering new quality productive forces, pursue more market-based and professional development, and support the Guangzhou Development District and Huangpu District in building the Guangdong-Hong Kong-Macao Greater Bay Area. In this way, the company will further contribute to the efforts of south China's Guangdong Province in becoming a pacesetter in Chinese modernization. (Edited by Yang Linlin with Xinhua Silk Road, linlinyanglyn@163.com)

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Keyword: banks finance GDD Holding Group

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