On November 25, China Minmetals and Bank of China signed a strategic cooperation agreement in Beijing. Chen Dexin, Party Group Secretary and Chairman of China Minmetals, and Ge Haijiao, Secretary of the CPC Committee and Chairman of Bank of China, jointly witnessed the signing and held talks. Duan Wenwu, Party Group Member and Chief Accountant of China Minmetals, and Yang Jun, Member of the CPC Committee and Executive Vice President of Bank of China, signed the agreement on behalf of both parties.

Chen Dexin expressed gratitude to Bank of China for its long-standing and comprehensive support for the business development of China Minmetals. He said that China Minmetals adheres to the aspiration of contributing to human progress through developing the mining industry, and comprehensively promotes the strategy of "focusing on core businesses, rationalizing industrial positioning and consolidating resources". It has formed a complete industrial chain development advantage integrating resource exploration, design and construction, development and operation, smelting and processing, trade and logistics, scientific and technological research and development, and financial capital. At present, China Minmetals is in a critical phase of deepening rectification and consolidating gains, a crucial stage of improving quality, efficiency, and transformation, and an opportune time to leverage favorable policies for further advancement. It will work with Bank of China to actively implement all-round strategic cooperation in key fields such as mine mergers and acquisitions, project financing, bond issuance, global cash management, and transformation and development of traditional industries, and join hands to inject stronger momentum into the high-quality development of the real economy and the advancement of Chinese modernization.

Ge Haijiao welcomed Chen Dexin and his delegation. He said that Bank of China and China Minmetals are important partners to each other. The two parties share highly compatible global layouts and development strategies, laying a solid foundation and promising broad prospects for cooperation in the fields of credit business, bond issuance, and cash management. Taking this signing as an opportunity, Bank of China will rely on its global operation advantages and comprehensive operation characteristics, actively meet the needs of China Minmetals, achieve more landmark results in the fields of credit support for core subsidiaries, treasury center construction, and capital market, and as always, support China Minmetals in its strategic vision to accelerate the building of a world-class metal mineral enterprise group with global competitiveness, and work together to contribute to enhancing the country's security capability of strategic mineral resources through bank-enterprise cooperation.

In accordance with the agreement, both parties will uphold the principles of "self-willingness, equality, mutual benefit and credibility", further establish and consolidate the important strategic cooperative partnership, focus on enhancing core functions and improving core competitiveness, and jointly contribute to safeguarding national mineral resource security.

Relevant department and subsidiary heads from China Minmetals and senior officials from Bank of China were present at the signing ceremony.