On August 21, China Orient Asset Management Co., Ltd. (hereinafter referred to as China Orient) signed a strategic cooperation agreement with China Minsheng Bank Corp., Ltd. (hereinafter referred to as CMBC) in Beijing. China Orient Chairman Wu Yue, President Deng Zhiyi, and Vice President Xu Yongli and CMBC Chairman Hong Qi, President Zheng Wanchun and Vice President Li Bin attended the signing ceremony.

The two parties will take the signing of this strategic cooperation agreement as an opportunity to develop good cooperation in non-performing assets acquisition, capital operation, mergers and acquisitions and other business areas. Subsidiaries of China Orient will also develop diversified business cooperation with CMBC in terms of bank-insurance, inter-bank cooperation, bank securities, bank trust, rating business, non-financial platform and the like. Both China Orient and CMBC will actively give full play to their respective advantages to develop a more comprehensive, in-depth and pragmatic business connection, promote the synergetic development and innovation of asset and liability businesses, realize resource sharing, complement each other's advantages, and push the good cooperation to a new height.

The relevant persons in charge of Business Management Department I, Business Management Department II, Fund Operation & Financial Market Department (Wealth Management Center) of China Orient, Beijing Branch, as well as China Insurance, Dongxing Securities, and Golden Credit Rating under China Orient attended the signing ceremony.