On the afternoon of December 1st, the Nantong Financial Industry Supporting the Development of Haian Construction Enterprises and the Joint Credit Work Conference of Suzhong Construction Group was held. Yu Guihua, Director of the Nantong Banking and Insurance Regulatory Bureau, Yu Lizhong, Secretary of the Haian Municipal Party Committee, Tan Zhen, Deputy Secretary of the Municipal Party Committee and Mayor, Lu Zhongping, Deputy Director of the Standing Committee of the Municipal People's Congress, Xia Weijun and Deng Jiazhong, Deputy Mayors, heads of the Nantong Banking and Insurance Regulatory Bureau, Nantong Central Branch of the People's Bank of China, Nantong Financial Supervision Bureau, Housing and Construction Bureau, and Banking Association, as well as main leaders of the Haian Local Financial Bureau, Construction Management Bureau, Haian Branch of the People's Bank of China, and the Financial Industry Federation, The main leaders of the Nantong branch and Hai'an branch of 15 joint credit member banks attended the meeting. The meeting is chaired by Mayor Tan Zhen.

At the end of 2021, with the care and support of the Municipal Party Committee and Government of Nantong and Hai'an, 15 financial institutions led by the Nantong Branch of Industrial and Commercial Bank of China jointly formulated a joint credit plan for the construction of Suzhou and Central China. The joint credit granted for two consecutive years has laid a solid foundation for Suzhong Construction to maintain stable total loans, alleviate financial pressure, and promote healthy operations. This renewal of the joint credit plan will help to further maintain the stability and security of the cash flow of Suzhong Construction, and ensure the company's sustained, healthy, and high-quality development in the new year.

Director Yu Guihua emphasized that financial institutions should grasp the new situation and requirements, effectively enhance their sense of mission to promote the high-quality development of the construction industry in Haian, regard it as an important means to stabilize growth, promote investment, and benefit people's livelihoods, improve their political stance, transform their development concepts, gather efforts from all parties, and use the "four dares" spirit as a responsibility to help Haian and the construction industry in Nantong stabilize and develop for the better.

Hu Yongbin, Vice President of the Nantong Central Branch of the People's Bank of China, Gu Yuhui, a fourth level researcher of the Nantong Financial Supervision Bureau, and Zhao Weidong, Director of the Construction Industry Development Department of the Nantong Housing and Urban Rural Development Bureau, expressed appreciation and affirmation for the achievements made by Suzhong Construction in the past year in their speeches, and expressed their commitment to providing support and assistance to Suzhong Construction in alleviating difficulties and difficulties as always.

ICBC Nantong Branch, as the leading bank of the joint credit unit, introduced the relevant situation of the new round of Suzhou China Construction Joint Credit Agreement and focused on explaining the new content of the renewal plan. The main leaders of the Nantong Branch and the Hai'an Branch of 15 joint credit member banks gave speeches respectively, fully affirming the effective measures taken by Suzhong Construction to alleviate crises and stabilize development in the past year. They expressed their firm support for the development of Suzhong Construction and will implement the new round of joint credit plans as soon as possible.

Secretary Yu Lizhong requested that all construction enterprises accelerate their transformation and development, effectively serve as "promise bearers", prioritize honest operation, strictly fulfill relevant agreements, and strengthen the study of the spirit of the provincial government's policy documents supporting the development of the construction industry, based on the actual situation of their own enterprises. Each banking institution should deepen its financial services, effectively serve as a "heartwarming person", further promote the acceleration of loan approval, and ensure the creative and accurate implementation of higher-level policies. Party committees and governments at all levels should uphold the original aspiration of serving the people, effectively act as "intermediaries", continue to play the role of specialized teams, tilt government resources, strengthen the approval procedures for various matters, support the operation and expansion of local construction enterprises, and closely cooperate and connect relevant departments to jointly assist construction enterprises in stable operation and rapid transformation.

Mayor Tan Zhen stated that Haian will continue to fulfill its obligations with integrity and provide proactive services, continue to increase support, and use higher quality government services to help the construction industry market entities alleviate difficulties and develop.

Vice Mayor Deng Jiazhong reported on the support of Haian for the development of the construction industry and the operation of key construction enterprises such as Suzhong Construction.

Suzhong Construction Chairman Da Honghu expressed gratitude to the Municipal Party Committee, Municipal Government, specialized teams at all levels, relevant departments, and financial institutions for their long-term care and support to the company. He reported on the company's operational development, transformation and upgrading, assets, litigation, projects, and other aspects, and put forward two demands around better financial support for the development of the construction industry. He also introduced the company's current and future work priorities: the first is the "long-term winter" concept, the second is the "small company" thinking, the third is to reshape capabilities and build "hard channels", the fourth is to comprehensively deepen reforms, and the fifth is to resolutely punish corruption. He stated that the industry situation is not optimistic, but there is no need to be pessimistic. Under the strong leadership of the Municipal Party Committee and Government, and with the full support of various financial institutions and relevant departments, Suzhong Construction will definitely survive with strength.