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Guo Guangchang, Chairman of Fosun International and Bill Winters, CEO of Standard Chartered PLC Hold a Video Conference

On 15 September 2021, Guo Guangchang, Chairman of Fosun International and Bill Winters, CEO of Standard Chartered PLC held a video conference. Gong Ping, Executive Director and CFO of Fosun International, Zhang Houlin, Senior Vice President and Co-CFO of Fosun International, Zhang Xiaolei, CEO, President and Vice Chairman of Standard Chartered Bank (China), and Lu Jing, Co-Managing Director of Standard Chartered China’s Corporate, Institutional and Commercial Banking Department attended the conference.

The two parties reviewed the history of cooperation, discussed the global and Chinese economic developments and Fosun's business strategy under the influence of the COVID-19 pandemic, and carried out in-depth exchanges on all-round bank-enterprise cooperation and green finance.

Guo Guangchang expressed his gratitude to Standard Chartered Bank for its support, and introduced Fosun's various measures as active response to the pandemic, and the rapid recovery of Fosun's "health, happiness, wealth, and intelligent manufacturing" industry segments. Guo Guangchang said that Fosun is firmly optimistic about the steady development of China's economy and will continue to deepen its development in China in the future. In addition, it will give full play to its advantages of globalization, actively respond to the country’s “dual circulation” strategy, and establish a competitive advantage as a Chinese enterprise and ESG leader in the international market.

Bill Winters highly recognized the efforts made by Fosun’s management and stated that Standard Chartered’s global network is highly compatible with Fosun’s industrial layout and will continue to provide a series of financial services globally, including corporate financing, cash management and settlement, debt financing and hedging strategies against various types of market risks.

In 2019, Fosun International signed a strategic cooperation agreement with Standard Chartered Bank. In the future, the two parties will push forward the implementation of the new strategic cooperation agreement to foster the long-term development of Fosun's happiness ecosystem.