Societe Generale and seven units signed agent Precious Metals business Cooperation Agreement

January 20 News, Societe Generale in Shanghai and seven Shanghai Gold Exchange composite member units signed a strategic cooperation agreement for personal precious metals business, which marks the commercial bank and the Shanghai Gold Exchange of the general membership unit in the agency of precious metals business strategic cooperation into the real starting stage,　　Created a new development pattern of China's precious metals investment market. Industrial Bank in Shanghai and Shanxi Huamao Gold Trading Co., Ltd., Guangdong Yue Bao Gold Investment Co., Ltd, Guangdong Gold Company, Guangzhou Fu Yin Gold Trading Co., Ltd., Guangdong Luo deposit Smelting Factory Co., Ltd., Wuhan Lianzhong Gold Investment Co., Ltd.,　　Chengdu Tianxin Gold Industry Limited liability company, such as seven Shanghai Gold Exchange comprehensive membership units signed a personal precious metals business strategic Cooperation Agreement. The strategic cooperation between Societe Generale and Shanghai Gold Exchange Integrated Membership unit is beneficial to the integration of customer resources and the optimization of risk control in the comprehensive membership units of Commercial Bank and Shanghai Gold Exchange.　　More can provide Chinese investors with better investment channels and more comprehensive precious metals investment services.　　Societe Generale is the first to start with the Shanghai Gold Exchange Comprehensive Membership unit strategic cooperation of the Commercial Bank, thanks to its agent precious metals business rapid development. In 2005, Societe Generale became a financial member of the Shanghai Gold Exchange after less than 5 years, especially in 2009, with the Societe Generale gold, silver precious metal deferred delivery products, Societe Generale has developed into a domestic agent of the Shanghai Gold Exchange listed trading varieties of the most complete,　　The commercial bank with the largest trading volume.　　2009 throughout the year, the bank in the agent gold, silver trading scale increased rapidly, the annual agent of precious metals trading volume of 92.103 billion yuan, the number of 2975.52 tons, in which the agent of individual customer transactions in Shanghai Gold Exchange personal customer transaction total of nearly 80%. In addition, September 1, 2009, Societe Generale and the Shanghai Gold Exchange, the World Gold Association in the successful launch of the first precious metals business marketing brand "Societe Generale trading Gold", so that include gold and silver and other seven major investment varieties of one-stop investment model of precious metals in China to achieve.