Zenith Capital Signing the Contracts with Tianjin to Establish Zenith Financial Holding Group for Great Achievements
On April 19th, 2016, the Tianjin Government held a contract-signing ceremony of projects at the club of CPPCC Municipal Committee, there were nine enterprises and eleven projects settled down in Tianjin. The deputy mayor Zhao Haishan, CPPCC Vice Chairman Wang Zhiping attended the ceremony. They met with Dr. Ding Jack, President of Zenith Capital and other business representatives, exchanging views on the enterprises’ development in Tianjin.
The deputy mayor Zhao Haishan extended a warm welcome to those enterprises established in Tianjin, and he gave a detailed introduction on the investment environment and financing environment, explained preferential policies on financing innovation. Dr.Jack Ding introduced the general information about the enterprise, and focused his remarks on strategic planning of establishing Zenith Financial Holding Group and Zenith Financial Research Institute in Tianjin.
President Ding expressed that, after setting up Zenith Financial Holding Group, the company would establish three to five new funds each year, involving new energy, healthy and medicine, the Internet culture and other emerging areas. Assets under management will come to twenty billion yuan, and the company is also expected to be listed before the end of 2016.The assets under management will exceed a hundred billion yuan.
Next, the company will cooperate with Tianjin more closely, setting up industry funds that accords with the features and requirements of Tianjin. It will provide its investment and financing for the goal of National Advanced Manufacture & Research Base and China Northern International Shipping Core Area and actively contribute to the local industrial development, fiscal levy and full employment.
Zenith Financial Research Institute mainly researches on the scientific development of china’s fund industry and effective administration. It will actively cooperate with Development Research Center of the State Council, the Central Party school, Chinese Academy of Social Sciences, The Institute for Fiscal Science Research, Ministry of Finance to develop itself into a famous folk think tank of the finance industry and provide reference information and decision bases for financial reforms of the state and Tianjin. After President Ding’s speech, the deputy mayor Zhao Haishan pointed out that it was a good time for Zenith Financial Holding Group to be established in Tianjin. Tianjin is making efforts in financial innovation. Both financing on “One Belt and One Road” and Shipping Finance start from Tianjin. The conference of AIIB will be held in Tianjin next month, involving 64 countries and we invite Zenith Financial Holding Group to attend the conference. We root for the plan of establishing Zenith Financial Research Institute, which involves in-depth researches on the professionalization and internationalization of finance. The establishment of Zenith Financial Holding Group is a milestone in the development history of Zenith Capital, which will lay a solid foundation, create favorable conditions for its leaping development, contribute to the local economic and social development.