Signing Ceremony of Comprehensive Strategic Cooperation between Suzhou Land Group and Bank of Suzhou

On the afternoon of May 25^th, 2022, the signing ceremony between Suzhou Land Group and Bank of Suzhou was held and both parties will establish comprehensive strategic cooperation relationships. Centering on multiple fields such as green smart industrial park, city new infrastructure, intelligent reform and digital transformation and industrial investment promotion, both parties promote bank-enterprise joint interaction and win-win co-construction.

 

 

Signing Scene

Agreement was signed by Mr. Zhao Kun, president of Bank of Suzhou, and Mr. Ye Feng, chairman of Suzhou Land Group.

 

 

Mr. Zhao Kun, President of Bank of Suzhou

 

 

Mr. Ye Feng, Chairman of Suzhou Land Group

 

In terms of the cooperation, based on Suzhou Land Group’s overall strategy of intensive cultivation and integrated industrial layout in the Yangtze River Delta, Bank of Suzhou will provide comprehensive supports such as financial market, investment banking business, supply chain financing, and key customer resource. Meanwhile, combining the current digital and de-carbon development trend, both parties will jointly build green de-carbon platform and digital industrial park, promote intelligent reform and digital transformation for enterprise and infrastructure, cooperate to strive for strong replenishable and extensible supply chains, promote industrial foundation upgrading and supply chain modernization, and build industry-finance integrated hub.

 

As the unique city commercial bank headquartered in Suzhou, Bank of Suzhou always focuses on the market positioning of “serving SMEs, citizens and regional social economic development”. Based on Suzhou, the bank opens to Jiangsu, fits into the Yangtze River Delta, and has strong capital strength and unique local advantages, which is one of the key engines for promoting high-quality economic development in Suzhou.

 

Land Group, also a Suzhou local enterprise, has two core businesses that are industrial park investment and operation and Sino-German cooperation and exchange, and take the lead to cooperate with Siemens and Baidu in the new economic era of digitalization and decarbonization. Sieland Digital Technology (cooperative company with Siemens) and Biland Intelligent Technology (joint venture with Baidu), all under Land Group, have intelligent infrastructure and industrial digitalization and intelligence as core businesses, realize integration of industrial park digitalization and decarbonization, and integration of technology and operation. Currently, Land group already cooperate with Changshu High-tech Zone and leading enterprises such as Baidu and Siemens to co-build multiple benchmarking projects in Changshu such as digital industrial park, zero-carbon industrial park, industrial enterprise digital enablement center and AI industrial base.

 

Under the new economic circumstance, no matter from the view of bank-enterprise joint interaction, industrial integrated service or from co-building of digital park and carbon index financial platform, both Suzhou Land Group and Bank of Suzhou have reality and feasibility of long-term strategic cooperation. In the future, both parties will certainly build more close, frequent, long-term and stable cooperations in multiple fields such as industrial park, intelligent reform and digital transformation and carbon finance, and raise a new flag of dynamic integration of finance and real economy in Suzhou and even the Yangtze River Delta.

 

 

Event participants include Zhu Minjun, president of Bank of Suzhou headquarter, Lu Ping, president of Bank of Suzhou key customer division, Sun Dan, president of Bank of Suzhou Changshu branch, Shi Jia, deputy general manager, Bank of Suzhou green and technology innovative finance division, Zhu Ming, assistant to general manager of Bank of Suzhou planning and general affairs division, Zhu Hong, general manager of Suzhou Land Group finance and accounting division, Yu Peiyan, general manager of Suzhou Land Group digital and intelligent division, and Li Yuewen, assistant to president of Suzhou Land Group.