State Grid Chairman and Agricultural Bank of China Chairman Agree to Deepen Industry-Finance Coordination
Zhang Zhigang, chairman of State Grid Corporation of China, met with Gu Shu, chairman of Agricultural Bank of China, at State Grid's headquarters on August 5. The two sides agreed to strengthen communication and deepen cooperation on the basis of past collaboration, promoting industry-finance coordination to jointly advance high-quality development in the energy and power sector.
On August 5, Zhang Zhigang, chairman and party secretary of State Grid Corporation of China, held talks with Gu Shu, chairman and party secretary of Agricultural Bank of China Limited, at the company's headquarters. The two sides stated that, building on their past successful cooperation, they would strengthen communication, enhance exchanges, and deepen collaboration to promote industry-finance coordination and push their partnership toward greater substance, jointly advancing the high-quality development of the energy and power industry.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Power Transmission Networks, with intensity 30/100 and 60% confidence over a short term horizon.
Power Transmission Networks
- Direction
- positive
- Intensity
- 30
- Confidence
- 60%
- Horizon
- Short term
State-owned Banks
- Direction
- positive
- Intensity
- 20
- Confidence
- 50%
- Horizon
- Short term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.