Guotai Haitong and Guomao Holdings have reached a strategic cooperation agreement.

According to Guotai Haitong, on January 27, Guotai Haitong and Shanghai Guomao Holdings Limited held a strategic cooperation signing ceremony. In the future, the two parties will jointly build an industrial service ecosystem for the entire chain of bulk commodities, promote market synergy and functional upgrades through deepening the linkage mechanism between futures, spot and derivatives markets; rely on industrial chain investment and M&A integration, strengthen resource organization and supply chain service capabilities, and provide solid industrial support for the "Shanghai Price"; integrate macro strategies, industry research and risk management professional capabilities, jointly build an intelligent and integrated digital system platform for bulk commodities, enhance operational efficiency and risk control level; deepen innovation cooperation in fields such as digital technology, talent team, office properties, etc., jointly build core capabilities, and jointly serve the coordinated development of Shanghai International Financial Center and International Trade Center, helping China establish a more internationally influential pricing system in the field of bulk commodities.