On March 29, a strategic cooperationsigning ceremony was held between Huayou Cobalt and Bank of China Zhejiang Branch. Wu Min, President of Bank of China Zhejiang Branch, Yu Huiyou, Secretary of CPC Tongxiang Municipal Committee, and Chen Xuehua, Chairman of the Huayou Cobalt, attended the signing ceremony and witnessed the signing.

 

 

After the signing of the agreement, according to the strategic cooperation intention reached, Bank of China will extend credit facilities totaling RMB 10 billion to Huayou Cobalt during the 14th Five-Year Plan period and provide a number of high-quality specialized services, including global foreign exchange and investment banking. Meanwhile, Bank of China and Huayou Cobalt will fully combine their complementary advantages in industry, capital, technology, market and brand to jointly promote the high-quality development of the new energy lithium industry through comprehensive and diversified financial cooperation, so as to create more value for customers and contribute more power to the industry.