The China Auto-industry Financial Innovation Cooperative Platform is officially launched by Zhang Xiaoyu, vice chairman of the China Machinery Industry Federation, Chen Shou, vice president of Hunan University, and Huang Ming, chairman of the Board of Hunan Hi-Tech Venture Capital Investment Group Co., Ltd.
Prof. Edward Altman from New York University delivers a speech.
HNU vice president Chen Shou presents at the news conference.
The China Auto-industry Financial Innovation Cooperative Platform News Conference was held in Beijing on the morning of Nov. 8. It was jointly organized by China Machinery Industry Federation, Hunan University and Beijing Xiangcai Fudi Investment Co., Ltd. Zhang Xiaoyu, vice chairman of the China Machinery Industry Federation, Chen Shou, vice president of Hunan University, Huang Ming, chairman of the Board of Hunan Hi-Tech Venture Capital Investment Group Co., Ltd, Ma Chaoqun, dean of Business School of Hunan University, and Prof. Cheng Bing from Chinese Academy of Sciences delivered speeches at the conference. Moreover, the event also invited Prof. Edward Altman from New York University, a world famous specialist on financial risk management, top experts and academicians in auto industry, seniors from related departments and financial institutions, as well as academic institutions as Peking University and Central University of Finance and Economics.
This conference aims to probe into the innovative model of China auto-industry financial cooperation, and accelerate the collaborative development of the capital, industry and finance of China auto industry.
Supported by Beijing Hi-Tech China Machinery Auto-Industry Fund (Beijing High-Tech China Machinery Venture Capital Co., Ltd.), the platform will make use of the academic resources of Hunan University and Industry & Finance Research Institute under it as well as industrial advantages of China Machinery Industry Federation to connect related regions, auto industry, financial institutions, and institutions of higher learning to jointly promote collaborative innovation, and apply innovative financial ideas and investment and financing tools to invest in the auto enterprises with leading technologies and innovative modes, so as to practice the idea of collaborative innovation of auto industry and finance. The investment will be mainly focused on key auto parts, commercial complex for automobiles, new energy vehicles and automobile cultural industry. It is expected that the financial innovations will guide industrial investment, and meanwhile, the practice of industrial investment will enrich the financial innovation system of the platform.
