On January 22, during the annual meeting of the World Economic Forum in Davos, Jin Xiangjun, Deputy Mayor of Tianjin led Tianjin delegation to visit AMTD House, and had bilateral discussions with Calvin Choi, Chairman and President of AMTD Group and the senior management team on the topic of promoting strategic cooperation between Tianjin and AMTD, exchanging opinions on matters such as the establishment of AMTD insurance brokerage and risk solutions headquarters in Tianjin Free-Trade Zone. They both agreed to have closer comprehensive strategic cooperation between Tianjin and AMTD Group, especially in the areas of insurance brokerage, shipping finance, innovative economy, intelligent technology, talent cultivation and international capital markets. Tianjin delegation includes Zhang Jiahua, Deputy Secretary General of Tianjin Municipal Government, Wei Shihua, Associate Counsel of Tianjin Municipal s Government, Gao Lijuan, Associate Counsel of Tianjin Municipal Commerce Bureau and Xu Hua, Vice President of Tianjin Port Holding, etc.
Jin Xiangjun, Deputy Mayor of Tianjin and Calvin Choi, Chairman and President of AMTD Group
Marcellus Wong, Vice Chairman of AMTD Group introduces the AMTD SpiderNet to Jin Xiangjun, Deputy Mayor of Tianjin
Tianjin delegation and AMTD senior management team
Mayor Jin and Tianjin delegation were warmly welcomed by Calvin Choi, and he thanked the great support that always brought by the Mayor Jin and Tianjin Municipal Government. Calvin Choi mentioned that the friendship between AMTD and Tianjin originated in Davos and strengthened in Davos too. Both parties signed the strategic cooperation agreement during the 2018 annual meeting of the World Economic Forum and 2018 Tianjin Summer Davos , to promote the cooperation between Tianjin and AMTD in the areas of international capital markets, insurance brokerage, shipping finance, innovative economy, intelligent technology, talent cultivation and also setup the AMTD insurance brokerage and risk solutions headquarters in Tianjin Free-Trade Zone. AMTD will seize this opportunity to further expand its business development in Tianjin, and deepen its cooperation in the fields of insurance brokerage, shipping finance, innovative economy, intelligent technology, talent cultivation and international capital markets.
Calvin Choi introduces the latest development of AMTD Group to Mayor Jin
Mayor Jin affirmed the development results and achievements of AMTD Group in recent years, and highly appreciated the efforts made by AMTD Group of investing in Tianjin and supporting Tianjin corporations to go internationally. Mayor Jin mentioned, there are huge development opportunities in Tianjin as it is the national research and development base for advanced manufacturing, a hub for international shipping in North China, a zone for financial innovation and services, and a pilot zone for economic reform. Tianjin and AMTD have already established a very deep and close cooperation foundation, both parties interact closely, communicate deeply and smoothly. Mayor Jin hopes that both parties can work together again to further expand the strategic cooperation on the basis of the existing work in order to implement the establishment of AMTD insurance brokerage and risk solutions headquarters in Tianjin as soon as possible. Tianjin and AMTD can further strengthen comprehensive cooperation to new heights with this as a starting point.
Mayor Jin hopes Tianjin and AMTD can strengthen and deepen the cooperation
Apart from the Tianjin delegation and AMTD Group senior management, AMTD SpiderNet corporate and strategic partners, including Sabrina Chao, Chairman of Wah Kwong Maritime Transportation Holdings, Bill Liu, Founder & CEO of Royole, Norma Chu, Founder and CEO of DayDayCook were also invited to attend the meeting and introduced the development of their respective companies to Mayor Jin, and mentioned that they will expand their business outline and contribute to the development of shipping , manufacturing, technology and innovative economy in Tianjin as soon as possible. Mayor Jin thanked the AMTD SpiderNet corporate and strategic partners including Wah Kwong Maritime Transportation Holdings, Royole and DayDayCook for the supports to Tianjin. He also welcomed them as representatives of forward-looking, innovative, international, technology companies and financial institutions to invest and expand the blueprint, deepen the cooperation, further promote reform, opening up, and innovation in Tianjin. Mayor Jin encourages and supports AMTD to take full advantage of the role of “super connector”and drive more corporations to invest in Tianjin to promote greater exchanges between Tianjin and Hong Kong.
Sabrina Chao, Chairman of Wah Kwong Maritime Transportation Holdings introduced the efforts and achievements of Wah Kwong in promoting the reform and opening up of China’s shipping industry.
AMTD has always prioritized and continuously expanded its development and blueprint in Tianjin, and also established a long-term and comprehensive strategic cooperation partner relationship with Tianjin. In January 2018, AMTD and Tianjin Municipal Government officially signed the strategic cooperation agreement to promote the cooperation between Tianjin and AMTD in the areas of insurance brokerage, innovative economy, intelligent technology, talent cultivation and international capital markets; In May 2018, AMTD cosigned a comprehensive strategic cooperation agreement with Tewoo Group, a Global Fortune l 500 company, to deepen the cooperation for both parties in the areas of capital markets, shipping finance and international development; In September 2018, AMTD signed a strategic cooperation agreement with Tianjin Free Trade Zone for which AMTD’s corporate insurance brokerage and risk solutions business will be headquartered in Tianjin Free Trade Zone, to help corporations in Tianjin to go globally. Previously, AMTD completed US$950mm H-Share IPO of Bank of Tianjin, the leading city commercial bank in Bohai Rim area with AMTD acting as the Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager of the IPO; AMTD assisted Tewoo Group, the largest state-owned logistic enterprise in Tianjin in completing many overseas bond offerings with AMTD acting as the Joint Bookrunner and Joint Lead Manager and actively participated in subscription. AMTD Research Team has also organized visits and investigation tour to Tianjin for the international investment institutions to safeguard the interests of Tianjin corporations in the turbulent capital market environment, and support the innovative development of Tianjin corporations.