Bi Yaxiong Meets with Kerwin Clayton,Managing Director of J.P. Morgan Securities

Guangzhou - Bi Yaxiong, CSG’s Vice President held extensive discussions with Kerwin Clayton, Managing Director of J.P. Morgan Securities (Asia Pacific), Ltd .

During their extensive discussions, both sides exchanged in-depth views on issues such as the “Going Global” efforts of Chinese enterprises and cooperation in international investment, mergers and acquisitions.

Mr. Clayton said, “In recent years, Chinese enterprises have ramped up efforts to invest overseas. J.P. Morgan, as a leading global financial services firm, has delivered one-stop, M&A services for companies in many industries, including the power transmission and distribution industry.”

He hoped to forge closer cooperation with CSG, so as to make contributions to CSG’s international business development and its strategies for long-term development.

Mr. Bi responded, saying, “The fact that CSG has accelerated the ‘Going Global’ pace, especially in the overseas M&A and investment for construction, is in line with China’s policies of being more open to the international community and comprehensively deepening the reform of state-owned enterprises. CSG hopes to expand its cooperation in the international investment market and M&A and seize the opportunity to integrate CSG to the world by bringing its technology and management into full play, and tapping J.P. Morgan’s advantage in financial services”.

Heads of CSG’s Finance Department, International Cooperation Department and CSG’s International Co., Ltd. also attended the meeting.