The Group’s President Zhu Bixin visited the UK
The Group’s Headquarter 2017-06-06
From May 31 to June 2, the Group’s President visited the UK. During this trip, the delegation visited London Metal Exchange (LME), made an official call to Chinese Minister Counsellor in Great Britain and Northern Ireland Jin Xu, met with person in charge of Bureau of Investment Services of the Department for International Trade, Mercuria Group’s European head office and world-renowned investment institutions. Zhu Bixin introduced Chengtong’s reform and development and its future development strategies as a state-owned capital operating company, and learned more about the operation of the British capital market. The Group’s Chief Accountant Xu Zhen and CMST’s Chairman Han Tielin joined the visit.
On May 31, Zhu Bixin and the delegation visited LME’s head office. The CEO of LME Matthew Chamberlain extended his warm welcome to Zhu Bixin and the delegation. Matthew Chamberlain introduced LME’s history of development, current function of financial products in LME and transformation and innovation of LME’s future related products, and he also elaborated on the collaboration work between LME and Henry Bath & Son Ltd (HB) on LMEShield Project, which focused on countries along the land and maritime Silk Roads. Zhu Bixin introduced China Chengtong’s development as a state-owned capital operating company and stated that the LMEShield Project organized by LME and HB was an important measure by grasping major historical opportunities, which was strategically important to both China Chengtong and LME. China Chengtong would vigorously promote the implementation of LMEShield Project, and hope to enhance its communication and collaboration with LME to establish a long-term cooperative partnership and achieve mutual benefit and win-win outcome. After the meeting, the delegation visited the LME trading floor accompanied by Matthew Chamberlain and had an in-depth understanding of the world's largest futures exchange’s on-site trading form which has lasted for more than 140 years.
On June 1, Zhu Bixin and the delegation made an official call to Minister Counsellor in Great Britain and Northern Ireland Jin Xu. Zhu Bixin expressed his gratitude to the Economic and Commercial Counsellor’s Office in Great Britain and Northern Ireland and Minister Counsellor Jin Xu for their support and care over Chengtong’s development in the UK, and introduced to Minister Counsellor Jin Xu about China Chengtong’s history of development and current business operation, especially its major tasks after becoming the pilot company for state-owned capital operation. Zhu Bixin stated that China Chengtong successfully purchased HB in 2015 and in the future, China Chengtong would make full use of its advantages as a capital operating company to enhance its support over HB’s development and expand its investment in the UK. Minister Counsellor Jin Xu introduced Britain’s economic and social development and noted that China Chengtong played an active role in promoting bilateral economic cooperation and the Economic and Commercial Counsellor’s Office in the UK would provide substantial support over China Chengtong’s development in the UK.
While in the UK, Zhu Bixin and the delegation also met with person in charge of Bureau of Investment Services of the Department for International Trade, Mercuria Group’s European head office, BMO Global Asset Management, The Bank of New York Mellon Corporation, Catella Fund, Equitile Fund, Schroders Group and other British government and administration bodies and world-renowned investment institutions. Zhu Bixin and the delegation held in-depth communication with all parties, explored cooperation opportunities and expanded China Chengtong’s influence on the global market.