In the morning of March 23, Zhang Xiaosong, President of China Great Wall Asset Management Company (“CGWAMC”), visited China Resources and was received by Luo Xi, Group General Manager, and other management.

General Manager Luo welcomed President Zhang Xiaosong and congratulated him on the achievements of China Great Wall Asset Management Company made in the 16 years since its establishment. General Manager Luo briefly introduced the Group's "13th Five-year Plan" development strategy. General Manager Luo expressed his view on joining the forces of both companies in terms of business development and capital operation for cooperation in the aspects of asset management, investment projects, information exchange, etc.

President Zhang Xiaosong expressed gratitude to General Manager Luo for the support given to China Great Wall Asset Management Company. He introduced the company's business developments in areas such as asset management and investment banking. He stated that the company had developed into a full-licensed and fully-integrated financial institution offering comprehensive integrated financial services. He hoped to continue to maintain good relationship between the two companies, to deepen business cooperation and to accelerate project execution.

The two parties also joined on explored specific issues related to the next step of collaboration.

The relevant business department of China Great Wall Asset Managment Company and the management of its Hong Kong subsidiary joined the meeting together with Chen Ying, Group Chief Strategy Officer and representatives from the Group Finance Department, China Resources Enterprise and China Resources Capital.