Li Qingkui Meets Guests from Bank of America Merrill Lynch

Guangzhou - Mr. Li Qingkui, Board Chairman of China Southern Power Grid (CSG), held meetings at the company’s headquarters with a visiting USA delegation, headed by Mr. James Quigley, Executive Vice Chairman of International Corporate and Investment of Banking, Bank of America Merrill Lynch.
Mr. Quigley is responsible for enhancing Bank of America Merrill Lynch’s relationships with key private and public sector issuer clients and institutional investors globally to ensure delivery of the bank’s full capabilities across asset classes and product sets. 
The two sides held constructive dialogue on a range of issues including investments in the electric power market and international business cooperation, and discussed future cooperation.
Mr. Li Wenzhong, Chief Accountant of CSG also attended this meeting.  
Mr. Li shared his warm welcome to the visiting American delegation, led by Mr. Quigley, and introduced China Southern Power Grids operational performance, with emphasis on its industrial development layout of “focusing on power grid business while developing finance, comprehensive energy and international businesses”.
Mr. Li said, “As an active response to the Belt and Road Initiative proposed by President Xi Jinping, CSG continues to tap into its advantages in technologies, management and capital as well as its unique geographical advantage in South China  to promote the power grid connectivity between China southern Power Grid and Southeast Asian countries and concurrently seeking investment opportunities with countries along the Belt and Road”.
He added, “CSG also works hard to provide financial and integrated energy services and explore new technologies, businesses and business modes to boost the company’s sustainable development and provide better services for customers to assist economic and social development.”
Mr. Li explained that, “CSG is accelerating its efforts to promote a new round of reform to make itself stronger and more powerful, while Bank of America Merrill Lynch is an international company with great vision and abundant resources”.
Mr. Li said that he hoped the two sides could strengthen exchanges and deepen mutual understanding.
Mr. Quigley extended his congratulations on the fruitful reforms of China Southern Power Grid and praised the “13th Five-Year Plan” for power development layout and shared the basic information about the Bank of America Merrill Lynch.
He said, “Bank of America Merrill Lynch is one of the biggest global financial institutions. With a large platform, rich resources and professional competence, the bank is able to offer CSG services in multiple aspects, such as overseas mergers and acquisitions, bond and stock issues and transaction management.”
Mr. Quigley said that he hoped that these meetings would serve as an opportunity for the two sides to begin high-level mutual visits and establish long-term strategic cooperation.
Director Generals of CSG’s Planning and Development Department, Finance Department and International Cooperation Department also attended these meeting.
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