NEW WORLD DEV signed a strategic cooperation agreement with Dongxing International

New World Development (00017.HK) has signed a strategic cooperation agreement with Dongzheng International. According to the agreement, both parties will engage in in-depth cooperation in various aspects such as customer resources, capital markets, wealth management, research fields, enhancing capital market visibility, and providing potential investment projects, promoting diverse explorations to create new business opportunities in the integration of the mainland and Hong Kong, laying the foundation for future expandable opportunities.

New World stated that this strategic cooperation focuses on core areas such as investment banking business synergy, co-building a wealth management ecosystem, mutual empowerment of customer resources, and joint expansion of the investor base, hoping to combine and enhance the advantages of both parties to create diverse value for investors. Through this cooperation, New World Development will work with Dongzheng International to promote cooperation in the Greater Bay Area, accelerating the gathering of advantages and resources such as customers, finance, capital, and talent within the region, facilitating the realization of financial services for real entities, and providing customers with a more internationalized and comprehensive high-quality service experience.

New World also pointed out that the group has a solid foundation in industrial layout and customer resources, while Dongzheng International has professional advantages in financial services and capital market operations. The strategic cooperation between the two parties is expected to achieve a deep integration of "industry + finance," playing a positive demonstration effect in integrating Hong Kong into the national development landscape.

Guests attending the signing ceremony included Huang Shaomei, Executive Director and CEO of New World Development, Liu Fuqiang, Executive Director, Co-Company Secretary, and Chief Financial Officer of New World Development, as well as Liu Han, CEO of Dongzheng International, and Yao Hua, Managing Director of Dongzheng International