On May 14th, CR Capital MGMT held a strategic cooperation signing ceremony with Cigna & CMB Asset Management Company Limited ("Cigna & CMB") in Shenzhen. Qin Feng, General Manager and CEO of CR Capital MGMT, Liu Qingpei, Deputy General Manager and Chief Marketing Officer of Cigna & CMB, and Xia Meng, Deputy General Manager of China Resources New Energy Group Company Limited, attended the signing ceremony and delivered speeches. Peng Xiaowu, General Manager of Strategy Department of CR Capital MGMT, and Ma Chong, General Manager of Investment Department of Financial Products of Cigna & CMB, represented the both parties to sign the agreement.
According to the agreement, both parties will further strengthen their cooperation on industrial funds and industry-finance collaboration of strategic emerging industries. They will give full play to their respective advantages, jointly layout strategic emerging industries, promote the transformation and development of the industry, enhance industrial competitiveness, improve the efficiency of state-owned capital operation, and achieve the preservation and appreciation of state-owned capital.
About Cigna & CMB
Cigna & CMB obtained the approval of opening from the former China Banking and Insurance Regulatory Commission on September 30, 2020. Based on the allocation and organization of insurance funds and other medium- and long-term funds, it has continuously deepened its three major business areas of entrusted investment, alternative asset management, and portfolio asset management, formed the philosophy of prudent investment, value investment, and long-term investment, and established leading business strength in investment management. Cigna & CMB is one of the few insurance asset management institutions in the industry that has completed the full entrustment of unlisted equity investment business. It makes investment judgments and decisions with efficient and flexible processes. The investment team carries out assessments and decisions on equity investment projects according to the principles of stability, prudence, and security, adhering to asset-liability matching management and independent operation, and effectively preventing risks.
