23 October 2019 – China Everbright Limited (“Everbright”, stock code: 165.HK) has entered a strategic partnership with Zhengzhou People's Government to drive the technology innovation and the construction of financial service system in Zhengzhou. As the largest cross border asset management platform under China Everbright Group, this strategic partnership is another enhancing partnership with the Zhengzhou People's Government after the Group entering an agreement with Henan Provincial Government.

On the day of agreement signing, Wang Peng, Standing Member of the Zhengzhou Provincial Party Committee and Executive Deputy Mayor, Chen Zhaochao, City Committee Member and Deputy Mayor, Cai Yunge, Deputy General Manager of China Everbright Group and Chairman of Everbright, Zhao Wei, Executive Director and Chief Executive Officer of Everbright，and Sun Qiang, Vice President of China Everbright Bank attended the meeting.

At the signing ceremony, Cai Yunge and Wang Peng were the witnesses of the signing while Zhao Wei and Chen Zhaochao were the representatives of signing.

In recent years, Everbright has maintained a good relationship with Zhengzhou. In August 2016, entrusted by Zhengzhou People's Government, Zhengzhou Guiding Fund and Everbright have jointly set up the Everbright Zhengzhou Guotou New Industry Investment Fund, aiming to utilise financial resource efficiently in inspiration and amplification. The fund targets to introduce a series of industry benchmark companies, in order to help Zhengzhou to be a national central city. The agreement inked the strategic collaboration between Everbright and Zhengzhou in the area of sector focused funds, cross-border asset management, project investment collaboration, and sector focused investments etc., to provide all-rounded and comprehensive solutions to the high-quality development in the society of Zhengzhou.

In addition, on 24 to 25 October, the 8th Everbright Investment Conference will be held in Zhengzhou, with over 600 corporate leaders and well-known investment experts discussing the opportunities and risks in investment amidst the current market scene. Holding the conference in Zhengzhou this year attracts more quality projects and capital into the city and contribute to the urban construction development in Zhengzhou.

Zhao Wei, Executive Director and Chief Executive Officer of Everbright said, “Leveraging this strategic partnership, we are hoping to reinforce the implementation of the collaboration between Henan Provincial Government and China Everbright Group. Everbright will actively participate in the technology innovation and construction of financial service system in Zhengzhou. The firm aims to strengthen the cooperation in fund set-up and cross-border asset management, drive further integration of key business segments of Everbright and related industries in Zhengzhou, such as the consumption sector, commercial property development sector and user experience enhancement. Everbright will plan to increase investments in Zhengzhou’s aviation industry to turn the city into an aviation hub of central China. In addition, the firm will focus on exploring the elderly care sector and the construction of elderly care home operated under the “public-private partnership” in face of the aging population challenge. Lastly, Everbright will be involved in the development of the Smart City and community management in Zhengzhou to promote the urbanisation and smart city development of Zhengzhou.”

Being the capital of Henan province and the financial hub of central China, Zhengzhou has more than 100 banks, securities, insurance, futures and other financial institutions, forming a core area of Zhengzhou Central Business District (CBD) financial centre, which has a strong growth momentum and has become a major town in the rise of central China. The Zhengzhou Commodity Exchange, one of China's three major futures exchanges, covers important asset classes of the national economy such as agriculture, energy, chemicals, building materials and metallurgy. In recent years, with the in-depth implementation of national strategies such as “Three Districts One Group”, especially the government has clearly proposed the plan to support Zhengzhou to transform in a national central city, which has brought unprecedented opportunities to Zhengzhou and even Henan. In September this year, President Xi Jinping made a trip to Zhengzhou, reflecting the large potential development opportunities moving forward. Zhengzhou’s role in the national development has become increasingly prominent.

As the leading cross-border investment and asset management company in China, China Everbright Group Everbright has over 20 years of experience in private equity investment and asset management, with China Everbright Group being its parent company. Through managing a number of private equity funds, venture capital funds, sector focused funds, mezzanine funds, fund of funds, fixed income and equity funds, Everbright has nurtured a number of companies with high growth potential. Everbright introduced foreign technology into the Chinese market, meeting the needs of Chinese corporates’ development in order to provide diversified financial services to local and foreign investors. In addition, Everbright also created “China Aircraft Leasing Group” – China's largest independent aircraft leasing company, “EBA Investment” / “Everbright Jiabao” – a leading private equity real estate fund in China, “Terminus” – an AIoT unicorn enterprise in China and “Everbright Senior Healthcare” – a leading high-end elderly healthcare service provider which provides mid- to high-level elderly care services. As of 30 June 30 2019, Everbright actively manages 64 funds, with an asset under management of HK$145.4 billion.

Li Bing, Deputy Secretary General of Zhengzhou Municipal Government, Hao Wei, Director of Financial Affairs Bureau, Shi Yan, Secretary of Local Committees and Chairman of Zhengzhou Zhongrong Industrial Investment, Liang Songwei, Secretary of Local Committees and Chairman of Zhengzhou Holdings; Zhang Mingwei, Executive Director and Chief Investment Officer of Everbright, Yin Lianchen, Executive Director and Chief Investment Officer, Pan Ying, Chief Investment Officer, Kevin So, Chief Strategy Officer of Everbright, Zhao Zehui, Member of Management Decision Committee, Deng Yuping, Chief Operating Officer of China Aircraft Leasing Group, Ma Wei, Managing Director of Everbright Hui Yi Capital Management and Everbright New Energy joined the meeting and the agreement signing.