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Nanyang Commercial Bank Enters into Strategic Cooperation Agreement with Fosun International

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Nanyang Commercial Bank (NCB) and Fosun International (HKEX: 00656) have signed a strategic cooperation agreement on April 24, 2025, marking a new milestone in their 15-year partnership that began in 2010. The agreement aims to strengthen their financial collaboration, with NCB providing comprehensive banking services to support Fosun's future development.

NCB will leverage its cross-border operations expertise while integrating with Fosun's global presence in over 35 countries. The partnership focuses on developing products and services based on complementary advantages and mutual benefits. The agreement was signed at NCB's Hong Kong headquarters, attended by key executives from both companies including Sun Jiandong, Wang Qunbin, and Gong Ping.

Nanyang Commercial Bank (NCB) e Fosun International (HKEX: 00656) hanno firmato un accordo di cooperazione strategica il 24 aprile 2025, segnando una nuova tappa nella loro partnership di 15 anni iniziata nel 2010. L'accordo mira a rafforzare la collaborazione finanziaria, con NCB che fornirà servizi bancari completi per supportare lo sviluppo futuro di Fosun.

NCB sfrutterà la sua esperienza nelle operazioni transfrontaliere integrandosi con la presenza globale di Fosun in oltre 35 paesi. La partnership si concentra sullo sviluppo di prodotti e servizi basati su vantaggi complementari e benefici reciproci. L'accordo è stato firmato presso la sede di NCB a Hong Kong, alla presenza di dirigenti chiave di entrambe le società, tra cui Sun Jiandong, Wang Qunbin e Gong Ping.

Nanyang Commercial Bank (NCB) y Fosun International (HKEX: 00656) firmaron un acuerdo de cooperación estratégica el 24 de abril de 2025, marcando un nuevo hito en su asociación de 15 años que comenzó en 2010. El acuerdo tiene como objetivo fortalecer su colaboración financiera, con NCB proporcionando servicios bancarios integrales para apoyar el desarrollo futuro de Fosun.

NCB aprovechará su experiencia en operaciones transfronterizas mientras se integra con la presencia global de Fosun en más de 35 países. La asociación se enfoca en desarrollar productos y servicios basados en ventajas complementarias y beneficios mutuos. El acuerdo fue firmado en la sede de NCB en Hong Kong, con la asistencia de ejecutivos clave de ambas compañías, incluidos Sun Jiandong, Wang Qunbin y Gong Ping.

난양 상업은행(Nanyang Commercial Bank, NCB)푸순 인터내셔널(Fosun International) (HKEX: 00656)은 2025년 4월 24일 전략적 협력 계약을 체결하며 2010년 시작된 15년간의 파트너십에 새로운 이정표를 세웠습니다. 이번 계약은 NCB가 포순의 미래 발전을 지원하기 위해 종합적인 은행 서비스를 제공하며 금융 협력을 강화하는 것을 목표로 합니다.

NCB는 국경 간 운영 전문성을 활용하고, 35개국 이상에 걸친 포순의 글로벌 네트워크와 통합할 예정입니다. 이번 파트너십은 상호 보완적인 강점과 상호 이익을 바탕으로 제품과 서비스를 개발하는 데 중점을 둡니다. 계약 체결식은 홍콩에 위치한 NCB 본사에서 진행되었으며, 선지안동(Sun Jiandong), 왕취빈(Wang Qunbin), 공핑(Gong Ping) 등 양사 주요 경영진이 참석했습니다.

Nanyang Commercial Bank (NCB) et Fosun International (HKEX : 00656) ont signé un accord de coopération stratégique le 24 avril 2025, marquant une nouvelle étape dans leur partenariat de 15 ans débuté en 2010. Cet accord vise à renforcer leur collaboration financière, NCB fournissant des services bancaires complets pour soutenir le développement futur de Fosun.

NCB mettra à profit son expertise en opérations transfrontalières tout en s’intégrant à la présence mondiale de Fosun dans plus de 35 pays. Le partenariat se concentre sur le développement de produits et services basés sur des avantages complémentaires et des bénéfices mutuels. L’accord a été signé au siège de NCB à Hong Kong, en présence de cadres clés des deux entreprises, notamment Sun Jiandong, Wang Qunbin et Gong Ping.

Nanyang Commercial Bank (NCB) und Fosun International (HKEX: 00656) haben am 24. April 2025 eine strategische Kooperationsvereinbarung unterzeichnet, die einen neuen Meilenstein in ihrer seit 2010 bestehenden 15-jährigen Partnerschaft markiert. Ziel der Vereinbarung ist es, die finanzielle Zusammenarbeit zu stärken, wobei NCB umfassende Bankdienstleistungen zur Unterstützung der zukünftigen Entwicklung von Fosun bereitstellt.

NCB wird seine Expertise im grenzüberschreitenden Geschäft nutzen und sich dabei mit Fosuns globaler Präsenz in über 35 Ländern verbinden. Die Partnerschaft konzentriert sich auf die Entwicklung von Produkten und Dienstleistungen, die auf komplementären Vorteilen und gegenseitigem Nutzen basieren. Die Vereinbarung wurde in der Zentrale von NCB in Hongkong unterzeichnet, anwesend waren wichtige Führungskräfte beider Unternehmen, darunter Sun Jiandong, Wang Qunbin und Gong Ping.

Positive
  • Strategic partnership strengthens access to comprehensive banking services
  • Expanded cross-border financial capabilities through NCB's expertise
  • Enhanced product development opportunities through complementary advantages
Negative
  • None.

HONG KONG, April 24, 2025 /PRNewswire/ -- On 24 April 2025, Nanyang Commercial Bank ("NCB") and Fosun International Limited ("Fosun International", HKEX stock code: 00656) entered into a strategic cooperation agreement.

Sun Jiandong, Executive Director and Acting Chief Executive of NCB, Liu Xiaoguang, Deputy Chief Executive of NCB, Stephen Chan, Deputy Chief Executive of NCB, Wang Qunbin, Executive Director and Co-Chairman of Fosun International, Gong Ping, Executive Director, Executive President and CFO of Fosun International, Zhang Houlin, Senior Vice President and Co-CFO of Fosun International, and other representatives attended the strategic cooperation signing ceremony held at NCB's headquarters in Hong Kong. The signing of this strategic cooperation marks the further cooperation between NCB and Fosun International and its subsidiaries (collectively as "Fosun"), with both parties committing to collaborate closely in support of Fosun's future development strategies.

Since their cooperation began in 2010, NCB and Fosun have worked closely together for 15 years, laying a solid foundation for cooperation. The signing of this strategic cooperation agreement today marks a new milestone in establishing a long-term, stable and in-depth financial partnership between NCB and Fosun.

NCB will fully leverage its experience in cross-border operations to provide professional banking services. By integrating these services with Fosun's globalization and industry strengths, NCB and Fosun aim to foster deeper cooperation in products and services based on complementary advantages, mutual benefits and joint development. Additionally, NCB will offer stable and comprehensive financial services to facilitate Fosun's future development.

Since its establishment in Hong Kong in 1949, NCB has adhered to the high-quality development principles of "professional operations, efficiency first, and value creation" throughout all stages and across various fields, providing customers with convenient, efficient and professional banking services through diversified channels. Rooted in China, Fosun has been developing globally and has long adhered to the two core drivers of "globalization" and "innovation". Currently, Fosun has established a business presence in more than 35 countries and regions worldwide. The 15-year cooperation journey between NCB and Fosun has laid a solid and profound foundation for both parties to move toward a deeper and closer relationship. Moving forward, NCB will continue to partner with high-quality enterprises such as Fosun, drawing on its extensive expertise and business strengths in cross-border operations. By further integrating financial technology and AI, NCB aims to leverage the advantages of its strong foothold in Hong Kong, the support from the Chinese mainland, and its global connectivity, to deepen cooperation in products and services, providing Fosun and other corporates with comprehensive and high-quality financial services that support its future development strategy and foster mutual benefits.

Cision View original content:https://www.prnewswire.com/news-releases/nanyang-commercial-bank-enters-into-strategic-cooperation-agreement-with-fosun-international-302437369.html

SOURCE Fosun

FAQ

What are the key benefits of the NCB-Fosun International (FOSUY) strategic cooperation agreement?

The agreement enables NCB to provide comprehensive banking services to Fosun, leveraging cross-border operations expertise while integrating with Fosun's global presence. It focuses on developing products and services based on complementary advantages and mutual benefits.

How long have NCB and Fosun International (FOSUY) been working together?

NCB and Fosun International have been cooperating for 15 years, since 2010, building a solid foundation for their partnership.

What is Fosun International's (FOSUY) current global presence?

Fosun International has established business operations in more than 35 countries and regions worldwide, focusing on globalization and innovation as core drivers.

How will NCB support Fosun International's (FOSUY) future development?

NCB will provide stable and comprehensive financial services, integrate financial technology and AI, and leverage its Hong Kong presence, mainland China support, and global connectivity to support Fosun's development strategy.
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