Agreement signed in Chongqing
China Changan Automobile Group and China Life Insurance (Group) Company signed a strategic cooperation framework agreement in Chongqing on October 20. Zhu Huarong, Party Secretary and Chairman of China Changan Automobile, and Li Zhuyong, Deputy Party Secretary and President of China Life, witnessed the signing.
Tan Benhong, Deputy Party Secretary of China Changan Automobile, attended the event. Wang Kun, Party Standing Committee member and Chief Accountant of China Changan Automobile, and Wang Gan, Party Committee member and Vice President of China Life, signed on behalf of the two sides.
Separately, four Changan brands — Avatr, Deepal, Changan Nevo and Changan Kaicheng — each signed a business cooperation framework agreement with China Life Property & Casualty Insurance Company.
Planned cooperation areas
Zhu Huarong said Changan hopes the two sides will use the signing as an opportunity to deepen comprehensive cooperation in insurance, investment and banking.
Li Zhuyong said China Life will continue to broaden and deepen cooperation with China Changan Automobile in areas including insurance protection, corporate annuities, investment and financing, banking services and comprehensive employee services.
China Changan Automobile said it will use the strategic cooperation to support its three major plans — new energy "Shangri-La," intelligent "Beidou Tianshu" and global "Hai Na Bai Chuan" — and to accelerate its goal of becoming a world-class automaker with global competitiveness and independent core technologies.