China Securities Journal｜SSE Signs Strategic Cooperation Agreements with Sinopec and CRRC

Translated from China Securities Journal

On July 9, a reporter from China Securities Journal learned that the Shanghai Stock Exchange (SSE) has recently signed strategic cooperation agreements with two major central state-owned enterprises, China Petroleum & Chemical Corporation (Sinopec) and CRRC Corporation Limited (CRRC).

It is reported that this collaboration marks a significant milestone for the SSE and the two industry leaders in capital market development, energy and chemical industry innovation, and high-end equipment manufacturing. Furthermore, this underscores the firm determination of central state-owned enterprises to actively embrace the capital market, drive their listed subsidiaries to "improve quality, increase efficiency, and value returns", and achieve high-quality development.

The above information is provided for reference purposes only and does not constitute investment advice.