Cooperate with China EverBright Bank

GRG Banking launches overall banking equipment cooperation with China EverBright Bank. Ceremony for signature of the cooperation was carried out on Aug.12, 2004 at Technology Exchange Center of Guangzhou Radio Group. Deputy Mayor Mr. Shen Bonian, GRG Board Chairman Mr. Zhao Youyong, CEO Mr. Zhang Zhaoxing, Vice President of China EverBright Bank Mr. Shan Jianbao and other Senior Management from both parties attended the Ceremony. The teaming agreement was signed by Mr. Zhaoyouyong, representing GRG Banking, and Mr. Shan Jianbao, representing China Everbright Bank. Both parties desired to enhance mutual communication during the intending cooperation, in order to carry out effective coordination in market development, to realize complementary advantages under collective risk bearing and share of benefits. GRG Banking has successfully increased a nationwide, specialized market, thus advances our market coverage all over China.