Two Agricultural Machinery Associations Work with Professional Investment Institutions to Plan Change Arrays

On September 14, the signing ceremony of strategic cooperation between China Agricultural Machinery Industry Association, China Agricultural Machinery Circulation Association and Kunwu Jiuding Investment Management Co., Ltd. was held in Beijing. It is widely believed that the cooperation between the two major national industrial organizations and the strength investment institutions will open a new chapter in relying on capital strength to promote the development of the agricultural machinery industry.

Gao Yuanen, chairman of the China Association of Agricultural Machinery Industry, remarked on behalf of the two associations at the strategic cooperation signing ceremony. Today, the two associations signed a cooperation agreement with Kunwu Jiuding Investment Co., Ltd., which is very significant for the development of Chinese agricultural machinery industry and agricultural machinery companies. One thing that makes sense.

Gao Yuanen pointed out that at present, China is in a critical period of transition from traditional agriculture to modern agriculture. The agricultural machinery industry, which is an important symbol of modern agriculture and an important material basis for modern agriculture, usher in new important development opportunities and has aroused And extensive attention from various parties, including the financial sector and many funds, are concerned about the development of the agricultural machinery industry.

In order to thoroughly implement the State Council's "Opinions on Promoting Sound and Rapid Development of Agricultural Mechanization and Agricultural Machinery Industry" (Guo Fa (2010) No. 22) and the People's Bank of China, the China Banking Regulatory Commission, the China Securities Regulatory Commission, and the China Insurance Regulatory Commission jointly issued the "On Comprehensively Promoting Rural Finance The Guiding Opinions on Product and Service Innovation (“Guang Fa [2010] No. 198”), the China Agricultural Machinery Industry Association and the China Agricultural Machinery Circulation Association will assume that the service industry is a bounden duty, a bold and innovative service model, and an innovative and pragmatic attitude. To take advantage of the advantages of being located in Beijing and radiating across the country, the parties should work together to build a multi-tiered, multi-channel financing platform for the national agricultural machinery industry, and use the power of social capital to promote the upgrading of the agricultural machinery industry and the rapid development of the industry.

Gao Yuan En said that the two associations and Kunwu Jiuding Investment Company have their own professional advantages in technology, management, and capital. The signing of the strategic cooperation agreement is aimed at effectively integrating the advantageous resources of the three parties, giving full play to their professional expertise, and providing professional integrated services of “technology + capital + management” for China's agricultural machinery production and distribution companies. In order to promote the sustained and healthy development of China's agricultural machinery industry, the three parties decided to jointly promote the establishment of the "Jiu Ding Agricultural Machinery Industry Development Fund." This fund will focus on the development of the agricultural machinery industry for a long time, facing the entire industry, and build high-quality enterprises to become bigger and stronger. It is believed that the Chinese agricultural machinery industry will enter the fast lane of healthy development under the strong support of national policies and in the high attention of social capital, usher in a new splendor and make greater contributions to China's agricultural modernization and mechanization.

As we all know, the China Agricultural Machinery Industry Association and the China Agricultural Machinery Circulation Association are two national industry organizations that not only have extensive social and high authority in the Chinese agricultural machinery industry, but also serve the industry enterprises and promote the rejuvenation of the industry. The development and prosperity of the agricultural machinery market and the promotion of agricultural mechanization play an important role. It also plays an irreplaceable role in assisting the government in doing industry management, doing a good job of “bridges” and “links” between the government and enterprises, representing and safeguarding the common interests of the entire industry, and conducting contacts with relevant foreign organizations.

It is reported that Kunwu Jiuding Investment Management Co., Ltd. is a professional equity investment institution with rich capital operation capabilities and experience. It has initiated and managed a number of equity investment funds and is currently one of the largest private equity investment institutions in China. The company has long been concerned and optimistic about Chinese agricultural machinery enterprises. It has successfully invested in a number of industry enterprises including Jifeng Agricultural Machinery, and provided value-added services such as strategic planning, capital operation, management consulting, taxation planning and financing consulting to the invested companies. Realize the value-added of the enterprise and maximize the value of the enterprise.

Mao Hong, the new chief of the China Agricultural Machinery Circulation Association, presided over the signing ceremony and disclosed: “The two associations decided to hold the first session of the capital matching of the agricultural machinery industry during the “2010 National Agricultural Products Ordering Fair” held in Zhengzhou on October 29th. This will not only indicate that the two major national trade associations have already joined hands in capital operation, but will also cooperate in promoting the revitalization and development of industrial enterprises.

Liu Hengxin, deputy director of the Agricultural Mechanization Management Department of the Ministry of Agriculture, Liu Min, deputy chairman and secretary general of the China Agricultural Machinery Association, director of the Agricultural Machinery Test and Appraisal Terminology Station of the Ministry of Agriculture, and Gao Yuanen, chairman of the China Agricultural Machinery Industry Association, and chairman of the China Agricultural Machinery Circulation Association Hong, Huang Xiaojie, partner of Kunwu Jiuding Investment Management Co., Ltd., Cai Lei, and Liu Xuemei, vice president of Kunwu Jiuding Investment Management Co., Ltd. attended the signing ceremony.