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China Re Group signs strategic cooperation agreement with China Chemical Engineering

source: 浏览次数: Release time: August 27, 2019Views:

On August 26, China Re Group and China Chemical Engineering Group Co., Ltd. ("China Chemical Engineering") signed a strategic cooperation framework agreement in Beijing. The two parties will build a comprehensive strategic cooperation relationship, actively play their respective advantages, and carry out in-depth reinsurance and direct insurance. Multi-dimensional cooperation such as investment, financing, and comprehensive insurance services are dedicated to serving the nation ’s “Belt and Road” construction services and making greater contributions to supporting the construction of the real economy.

Yuan Linjiang, Secretary of the Party Committee and Chairman of the Group, Deputy Secretary, Vice Chairman, President and Chun Lei of the Party Committee of the Group, Dai Hegen, Secretary and Chairman of the Chinese Chemical Engineering Party Committee, Wu Xiangong, Member of the Standing Committee of the Chinese Chemical Engineering Party Committee, and Deputy General Manager of the Corporation attended the signing ceremony. Ren Xiaobing, member of the Party Committee, executive director and vice president, signed an agreement on behalf of both parties with Liu Dongjin, member of the Standing Committee of the Chinese Chemical Engineering Party Committee and chief accountant of the company.

Before the signing ceremony, the two parties visited the China Re exhibition hall and had a discussion and exchange. During the talks, Chairman Yuan Linjiang introduced China Re Group's development history, business performance, industry status and development status of various business segments, the implementation of the "One Three Five" strategy, and the country's "One Belt One Road" service Construction measures, landing results and industry advantages. He said that as a national team and a major player in the international market of China's reinsurance industry, China Re has formed a new development pattern with product innovation as the breakthrough, platform construction as the focus, and international network as the basis. More than 1,000 insurance institutions in various countries and regions have established stable cooperative relationships, which can provide high-quality and comprehensive risk protection for Chinese "going global" companies.

Chairman Dai Hegen affirmed the friendly cooperation between the two sides and congratulated China Re for its operating performance. He introduced the history, operating conditions, industry status and advantages of chemical engineering in China, and focused on the characteristics of "specialization, diversification, and internationalization" of Chinese chemical engineering around the development of its domestic and international business. He said that China's chemical engineering is the forerunner of China's "Go Global" and "Belt and Road" initiatives. It is the most complete engineering company in China's industrial engineering field with the most complete functions, the most complete business chain, and relatively intensive knowledge and technology. One of the companies engaged in foreign engineering contracting has carried out a large number of engineering construction projects in countries along the “Belt and Road”. China Chemical Engineering is willing to continue to deepen cooperation with China Re Group to realize the combination of production and finance, and help China Chemical Engineering achieve high-quality leap-forward development.

The two sides agreed to strengthen exchanges on the basis of existing cooperation, combine their respective resources and advantages, and in-depth docking of the business of each sector, jointly innovate and expand cooperation.

Chen Yong, general manager of China Dadi Insurance Company, Luo Yong, general manager of Huatai Insurance Brokers, Tian Feng, deputy general manager of China Re Life Insurance, Wang Zhongyu, assistant general manager of China Re Property & Casualty Insurance, and Li Wei, general manager of the Group's strategic customer department and deputy general manager of China Re Assets. And Xu Wanming, Minister of China's Chemical Engineering Market Development Department (Large Client Department), Wang Ximin, Deputy Minister of Financial Assets (managed by the Minister), Bao Guangdong, General Manager of International Business Department, Jia Hao, Deputy Director of the General Office, Director of Sinochem Engineering Group Finance Co., Ltd. Leader Lu Tao and other leaders attended the talks and signing ceremony.


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