Zhejiang Orient Outlines Strategy to Build Financial Ecosystem and Enhance Synergistic Operations

Deep News07-03

Zhejiang Orient Holdings Group Co.,Ltd. (SHSE: 600120) has stated that in recent years, the company has progressed steadily by actively engaging in capital operations such as private placements and acquiring bank equity stakes. It has continuously optimized and innovated the product systems of its financial subsidiaries and consistently improved management efficiency through reforms, gradually enhancing the company's profitability and core competitiveness.

During the "15th Five-Year Plan" period, the company will continue to monitor the dynamics of new financial holding company regulations. It will strengthen the core capabilities of its main financial business in accordance with regulatory requirements and improve governance mechanisms covering talent, finance, risk control, and digitalization.

Furthermore, the company will actively work on building a financial ecosystem. It aims to perfect the synergistic mechanism integrating industrial operations, financial services, and investment activities, deepen cooperation among its financial units, and focus industrial-financial collaboration on comprehensive scenarios. The group plans to establish a proactive investment management system coordinated at the headquarters level and implemented by individual business lines, with the goal of continuously enhancing its overall comprehensive strength.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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