CEFC China Energy, Rothschild & Co to team up

Ye Jianming, chairman of CEFC China Energy, meets with deputy chairman of Rothschild & Co Alexandre de Rothschild at CEFC China's Shanghai headquarters on May 10, 2017. [Photo provided to chinadaily.com.cn]

Ye Jianming, chairman of CEFC China Energy, met with deputy chairman of Rothschild & Co Alexandre de Rothschild in CEFC China's Shanghai headquarters, along with management members from both parties, on May 10 to exchange ideas on global investment opportunities.

The two parties agreed to strengthen cooperation in sectors including energy, financial services, aviation, infrastructure construction, food and high-end property management.

Ye said that CEFC China is developing a bank and insurance company-based financial platform to support its expansion in overseas markets. It focuses on investing in the United States, Central Asia, Middle East and Central and East Europe.

Ye Jianming, chairman of CEFC China Energy, meets with delegates from Rothschild & Co on May 10, 2017. [Photo provided to chinadaily.com.cn]

CEFC China also strives to push cooperation between leading foreign businesses with domestic State-owned businesses to support related parties' development.

Rothschild also explained Rothschild & Co's efforts in global expansion. He said the group is a pioneer in providing professional and customized investment consulting services to global businesses.

Rothschild told Ye that the group has strong advantages when it comes to energy projects in the regions including Europe, West Africa and the Middle East. It also maintains a strong position in food, aviation, infrastructure and high-end property management.

Ye Jianming, chairman of CEFC China Energy, meets with deputy chairman of Rothschild & Co Alexandre de Rothschild in CEFC China's Shanghai headquarters on May 10, 2017. [Photo provided to chinadaily.com.cn]

Rothschild said Rothschild & Co Group hopes to establish contacts with CEFC China in different business segments.

Both parties have agreed to use their advantages and professional skills to strengthen long-term partnerships with related industries.

Rothschild & Co Group is a leading investment bank in Europe and has paid close attention to expanding in the Chinese market. The company has accumulated ample experiences in promoting mergers and acquisitions between Chinese privately owned companies and large-scale Chinese State-owned companies. It also pushed several merger and acquisition cases between Chinese and foreign companies.