GUANGZHOU, China, Oct. 17, 2023 /PRNewswire/ -- PUYI Fund, a
subsidiary of Puyi Inc. ("Puyi" or the "Company")
(NASDAQ: PUYI), a renowned asset management company, and Ping
An Bank Co., Ltd., a leading financial institution, recently
announced that they have formally entered into a strategic
cooperation, marking the beginning of a new chapter of all-round,
multi-disciplinary, and deep-level cooperation between the two
parties, which is of far-reaching significance for their
synergistic development.
Under the strategic cooperation framework, Ping An Bank and PUYI Fund will establish a
long-term cooperative relationship. In order to safeguard the
common interests and promote the common development of both
parties, they will actively commit themselves to constructive
business co-operation in the field of finance, give full play to
their respective industrial strengths, integrate the resources of
both parties, pool their synergies, realize bi-directional
empowerment, and work hand in hand to push forward the high-quality
synergistic development.
According to the strategic cooperation agreement, both parties
will engage in business collaboration while adhering to the
respective business regulations. The collaboration encompasses
various financial services such as wealth management, account
system services, fund investment and research services, personal
pension investment accounts, personal finance planning and bank
financing services. Furthermore, both parties will foster profound
cooperation and innovation in customer management, product
management, channel management and data management in order to
deliver cutting-edge financial products and services.
Both parties will also establish a "Banking and Enterprise
Strategic Cooperation Group" to enhance day-to-day communication,
actively exploring a new mode of collaboration between banks and
enterprises based on mutual benefit. Meanwhile, taking the signing
of this strategic cooperation as an opportunity, the two parties
will further expand the breadth and depth of their cooperation in
the future, jointly meet the diversified financial service needs of
customers, continuously improve the benefits of synergistic
development, and jointly serve the new pattern of economic
development.
About PUYI
Headquartered in Guangzhou, China, Puyi is a
leading third-party wealth management service provider
in China focusing on affluent and emerging middle class
population. Puyi provides a series of comprehensive
financial asset allocation services including wealth management
services, asset management services, insurance consulting services,
trust consulting services and ancillary services for clients.
View original
content:https://www.prnewswire.co.uk/news-releases/puyi-fund-a-subsidiary-of-puyi-inc-nasdaq-puyi-and-ping-an-bank-co-ltd-have-entered-into-strategic-cooperation-agreement-to-explore-a-new-model-of-bank-enterprise-collaboration-301958988.html