On November 27th, 2020, Bei Da Huang Group and CICC signed a Memorandum of Understanding. The official signing ceremony was witnessed by distinguished guests from both parties, including Mr. Shoucong Wang, Secretary of the Party Committee and Chairman of Bei Da Huang Group, Mr. Baolong Yang, Deputy Secretary and General Manager of Bei Da Huang Group, and Mr. Zhaohui Huang, Secretary of the Party Committee and CEO of CICC. 

During the ceremony, both parties exchanged views on the potential collaborations between two institutions and achieved multiple important mutual understandings. CICC and Bei Da Huang Group will jointly explore the cooperation potentials in fields such as strategic recombination, IPO, domestic and foreign debt financing, merger & acquisition and fund investment.

As the "ballast stone" for realizing the food security of our country, Bei Da Huang Group is the largest and most modernized commodity grain production base and a leading enterprise of agricultural production and trade. Located in the southern foot of Xiaoxing’anling, Songnen Plain and Sanjiang Plain of the northeast of China with a total area of 55,400 square kilometers, Bei Da Huang Group has a number of national famous brands such as "Beidahuang", "Wandashan" and "Jiusan". 

As a leading investment bank with Chinese roots and international reach, CICC has been active in overseas business expansion, and is well-positioned to leverage our international expertise and extensive cross-border networks to provide a full range of financial services to our clients and business partners reside both in the domestic and overseas markets.