16 billion yuan to credit Gezhouba group

December 27, Bank of Communications (601328.SH/03328.HK) on its official website to publish information, the bank 26th and China Gezhouba Group Company in Wuhan signed a comprehensive cooperation agreement, and to provide it with a total of 16 billion yuan of the intention of the credit line.　　On that day, Bank of communications company business director Zhu Henuan and China Gezhouba Group party secretary, general manager Ding attended the signing ceremony. It is reported that these credit lines include short-term loans, medium and long term loans, import and export trade financing, Bill financing, letter of guarantee and so on.　　According to the agreement, Bank of Communications will also provide China Gezhouba Group company with comprehensive financial services including foreign currency settlement, Cash Management, international business, financial management, investment banking, supply chain finance, private finance, and interbank financial cooperation. China Gezhouba Group Corporation is a state-owned central enterprise directly administered by SASAC, and is a listed company Gezhouba (600068). SH) controlling shareholder. At present, China Gezhouba Group Company's total construction and related engineering research and design and services, hydropower investment construction and management, real estate development and management of the three main industries.