SINOSO | Leaders from Norinchukin Treasury of Japan visited SINOSO

On January 25, Japanese Norinchuko Treasury Beijing Representative Office chief representative Tetsuro Ikeda, representative Tanaka Kentaro and other leaders went to SINOSO (Stock code: 872102) to visit and exchange,SINOSO. Executive President Bu Yaxiang, financial management Center executive general manager Cheng Jinlong and other leaders attended the talks.

At the meeting, Bu Yaxiang expressed sincere welcome to Tetsuro Ikeda's arrival, and said that Sino-Soviet science and technology attaches importance to the cooperation with Japan's Norinchuko Bank, hoping to enhance understanding and expand cooperation areas through this exchange.

Tetsuro Ikeda thanked SSINOSO Technology for its reception, and introduced the development history of Norinchuko Treasury, its business areas and its cooperation with the Chinese market. He said that Japan's Norinchuko Treasury is full of confidence in the Chinese market and hopes to jointly promote the cooperation and development of Sino-Soviet agricultural science and technology. The two sides had in-depth exchanges on agricultural science and technology, financial support and market expansion.

Established in 1923, the Central Agricultural and Forestry Bank of Japan is a semi-official financial institution. Until 1961, its senior officials were appointed by the Japanese government, and until 1986, the Japanese government had held a small amount of capital for the Norinchin Bank, and the government also legislated for the Norinchin Bank separately, with the enactment of the "Norinchin Bank Law". After privatization in 1959, the bank was the largest and most prominent bank in Japan. The bank is the central bank of Japan's agriculture, forestry and fisheries cooperation system, and its superior agency is not only the Ministry of Finance, but also the Ministry of Agriculture, Forestry and Fisheries. The former Vice minister of Agriculture, Forestry and Fisheries has served as the chairman of the bank, and its credit rating has always been among the highest among Japanese financial institutions because of this relationship. Procurement funds come from member cooperatives, and the bank conducts efficient and flexible asset management investments in various financial products.