On August 28, China Orient Asset Management Co., Ltd. (hereinafter referred to as China Orient) held a cooperation conference with Xinjiang Guanghui Industry Investment Group Co., Ltd. (hereinafter referred to as Guanghui Group) in Beijing. China Orient Chairman Wu Yue, President Deng Zhiyi, Vice President Chen Jianxiong, and Guanghui Group Chairman Sun Guangxin, and Executive Director Meng Keliang attended the conference.

Guanghui Group, founded in 1989, has been listed in Fortune Global 500, and it boasts strong market competitiveness in such fields as energy development, automotive services, modern logistics, and house purchasing services. With 4 listed companies under its control, that is, Guanghui Energy, China Grand Auto, Grand Baoxin Auto, and Guanghui Logistics, its business scope has covered throughout the country, and extended to Kazakhstan, the United States and other countries. In 2017, Guanghui Group's assets totaled 245.7 billion yuan, its operating income reached 176.44 billion yuan, and profit reached 3.943 billion yuan, ranking No.116 among the 'Top 500 Enterprises of China' in 2017, No.19 among the 'Top 500 Private Enterprises of China,' and No. 495 in the 'Fortune Global 500,' the first local company in Xinjiang listed in 'Fortune Global 500.' In 2018, Guanghui Group was listed in 'Fortune Global 500' again, ranking No. 456.

China Orient, one of the four state-owned financial asset management companies, plays the roles of financial stabilizer, resource optimizer and economic booster, assumes the important task of facilitating and deepening the structural reform on the supply side and improving the quality and efficiency of the real economy. The two parties will adhere to the principle of resource sharing and win-win cooperation to establish long-term, stable, close and comprehensive cooperative relations, carry out diversified and pragmatic cooperation in key business areas such as asset management, insurance agency, banking, securities, rating, trust, speed up the connection and settlement of key projects and jointly promote the transformation and upgrading of the real economy, thereby making positive contributions to the healthy development of the national economy.

Both Guanghui Group and China Orient believe that the cooperation between industry and finance was high complementarity, and enjoys broad strategic space and a bright prospect for cooperation. Guanghui Group, one of the well-known private enterprise, an active player in real economy, boasts very outstanding sector advantages and main business, and very obvious late-mover advantages. China Orient, an integrated financial service provider with complete financial instruments, is able to provide Guanghui Group with a full range of financial services and help China's outstanding private enterprises in real economy to achieve sustainable development.