On 16 March, China Resources Bank signed the “Strategic Cooperation Agreement Between China Resources Bank and Evergrande Real Estate Group” with Evergrande Real Estate Group at Evergrande Center in Guangzhou. Management of both companies including Xia Haijun, Vice Chairman of the Board and Chief Executive Officer of Evergrande Group attended the signing ceremony.

Upon the signing of the agreement, China Resources Bank became one of Evergrande’s main bank partners, making it the preferred bank for its financial businesses. At the same time, Evergrande became China Resources Bank’s strategic client to who it provides comprehensive and quality services in areas including banking accounts, integrated lending and credit, supply chain financing, wealth management etc.