Cui Bingwen Pays A Visit to TusHoldings Print

Post Time：2015-04-23来源：TusHoldings

March 13, 2015  
　　On March 11, 2015, Cui Bingwen (President of Beijing Branch of Shanghai Pudong Development Bank) and Yang Xudong (President of TusPark Sub-branch of Shanghai Pudong Development Bank) paid a visit to TusHoldings. Wang Jiwu (president of TusHoldings), Ma Zhigang (director of TusHoldings and board chairman of Tus-Financial Group), Cai Xiaowei (senior vice president and chief financial officer of TusHoldings), Du Peng (vice president of TusHoldings, board chairman of Tus-Media and director of Tus-Financial Group), Zhang Xiying (deputy chief financial officer of TusHoldings) and Zhu Ming (executive general manager of Hode Capital) received President Cui Bingwen and his entourage. The two parties had a conversazione conversazione regarding the initiation and development of the equity investment fund for technological development jointly established by Tus-Financial Group and Beijing Branch of Shanghai Pudong Development Bank.

　　Prior to the conversazione, Vice President Du Peng introduced in the exhibition hall of TusHoldings the development process of TusHoldings, the business structure focusing on “technological service, technological real estate and technological finance” and the development of the enterprises in TusPark. At the conversazione, President Cui Bingwen said that Shanghai Pudong Development Bank had actively innovated in its financial services and made numerous attempts in combining technology with finance and supporting the development of SMEs. The equity investment fund for technological development established jointly with Tus-Financial Group will further improve the technological finance services of Beijing Branch of Shanghai Pudong Development Bank; with the aid of the platform advantages of the strategic partner - Tus-Financial Group in the field of technological services, the diversified financing service channels (“stocks, bonds and loans”) of Shanghai Pudong Development Bank can be well integrated to meet diversified financing needs of high-tech SMEs.

　　Tus-Financial Group, as the core business platform of TusHoldings – a technological service leader in China, has been committed to provide comprehensive, leading-edge technological finance products for the development of domestic technological SMEs. For this cooperation, Ma Zhigang (Board Chairman of Tus-Financial Group) believes that the cooperation between TusHoldings and Shanghai Pudong Development Bank is an innovation in China’s technological financial field and in the service mode for SMEs.
In the operation process of the equity investment fund for technological development jointly established by the two parties, Tus-Financial Group, as the fund manager, adopts the stock and bond linkage in view of individualized financing needs of technological SMEs, and makes investments in the enterprises approved by Shanghai Pudong Development Bank and that settled on the innovation and entrepreneurship platform of TusHoldings; in this way, the working capital of the enterprises receiving investment can be increased, and the equity transfer proportion of the enterprises can be reduced, so that the development impetus of the enterprises is greatly enhanced.

　　President Wang Jiwu expressed his support for the cooperation between Beijing Branch of Shanghai Pudong Development Bank and Tus-Financial Group. The two parties agreed that they would cooperate in the establishment of a number of fund projects in the technological finance field, including angel investment fund, venture capital fund and buyout fund, based on the business development of TusHoldings at home and abroad and combined with innovative financial products and service model of Shanghai Pudong Development Bank, so as to jointly establish a flagship image in this field. Shanghai Pudong Development Bank will also give its full support to the business development of TusCity.