On May 10, Zhuhai Great Aim Group Co., Ltd. and Huarong International Trust LLC successfully held a signing ceremony for the shareholder agreement of “Hengqin Rongce Equity Investment Fund Management Co., Ltd. & Rongce Urban Development and Construction Investment Co., Ltd.” at the commercial center of Great Aim’s Nanwan International. The signing ceremony was attended by related leaders of Hengqin New District, Great Aim Group, Huarong Trust, China Urban Infrastructure Group and several financial institutions such as China Construction Bank, China Cinda Asset Management Corporation and China Merchants Bank.
Chi Tenghui said, Great Aim is a leader among private enterprises in Zhuhai, and Huarong is a nationally famous financial institution. Great Aim and Huarong are both important partners of Hengqin and have a well-located headquarters in Hengqin. The finance of Hengqin will not be confined to Zhuhai. The strategic cooperation is set to inject new vitality to the financial development of Hengqin.
As disclosed by Yang Feng, Chairman of Great Aim Group, the scale of a single fund of Hengqin Rongce Equity Investment Fund Management Co., Ltd. & Rongce Urban Development and Construction Investment Co., Ltd. will not be less than 100 billion Yuan, with an aim to depend on the policy advantages of the Free Trade Zone and implant the equity trading platform under the main business of Huarong into Hengqin to boost the development of the Great Bay Area. Meanwhile, it will also lay a solid foundation for the headquarters of Great Aim to settle in the Free Trade Zone of Hengqin, develop a headquarters at a hundred billion Yuan level and an output value at a trillion Yuan level.
It was reported that since the headquarters of Great Aim Group settled in the Free Trade Zone of Hengqin, under the great support of the administrative committee of FTZ, the construction has gone on smoothly, which will be put into use partially at the end of this year and be fully delivered for use by the end of next year. Before that, the settled industries will develop first. At present, Great Aim Group and National Key Lab have finished the commercialization of “white light positioning” technology project, achieving wonderful testing results, among which, the initially launched shopping cart for supermarkets will be put into operation nationwide since this August. The operation of the single system will generate an annual output value above 100 billion Yuan and develop a scale of more than 700 billion Yuan gradually in five years. Meanwhile, the “Hengqin Xianmao Network Technology Operation Platform” established jointly by Great Aim Group with China Construction Bank Guangdong with its own scientific research achievements has successfully settled in the FTZ of Hengqin, which will enter operation in the mid third of next month. The operation platform will be a component for FTZ Branch of China Construction Bank to settle in the headquarters building of Great Aim. According to the database of China Construction Bank, the annual settlement on the said industrial platform will not be less than 200 billion Yuan. And it’s predicted to grow stably at an annual growth rate of 30%.
Shen Yiming, general manager of Huarong Trust and chairman of Huarong Development, said, Huarong Trust has actively responded to the external environment of economic downturn and tried its best to ascend into the list of first-class trust companies at home. This time, Huarong Trust has reached the decision since it has seen the limitless opportunities in the financial development of Hengqin and limitless possibilities in the development of Great Aim Group. Huarong Trust is full of expectation in the cooperation with Great Aim Group in Hengqin. It’s expected that both sides can grasp the market opportunity and reach their win-win goal.
Yu Daoqun, president of Great Aim Group, said, the win-win cooperation between Great Aim Group and Huarong Trust this time will surely become another brilliant milestone in the development history of Great Aim Group. As a private enterprise of Zhuhai, after 23 years of development, Great Aim Group has grown into an integrated enterprise group with an asset size of 180 billion Yuan. In the real estate segment, the Group has a land reserve of over 10 million ㎡ and develops an area of over 1.50 million ㎡ annually. In high-tech segment, the Group has 31 internationally first-class advanced patented technologies and will create an annual output value at the level of 100 billion Yuan. While seeking development in its two wings, real estate and high-tech, Great Aim Group will also join hands with Huarong Trust to enter the financial field, supplement the advantages of each other and realize a win-win cooperation. The board of directors of Great Aim decided to take real estate, high-tech and finance as a solid cornerstone for its century-lasting development. It’s expected that the capital increase for Huarong Trust this time will infuse new force to the development of Great Aim Group.”