According to the disclosure, in the main areas of cooperation, the two parties are guided by the principles of 'comprehensive cooperation, equality and mutual benefit, long-term stability, and common development'. After full consultation, they will be in cash management, corporate credit, direct financing, international business, Internet financing, retail finance , Centralized procurement and other areas to establish a comprehensive cooperative partnership.
Upon mutual agreement, ICBC agreed to provide BOE with a total amount of RMB 50 billion equivalent to the intentional financing amount to support BOE during the period of the strategic cooperation agreement on the premise of complying with the national industrial policy, laws and regulations and Party B’s business management system. Project construction and daily production and operation activities.