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COFCO Group and Charoen Pokphand Group Signed a Strategic Cooperation Framework Agreement

2024-08-08

On August 8, Lv Jun, Chairman of COFCO Group, led a team to visit CP Center to discuss and exchange views with Xie Guomin, the authoritative chairman of CP Group, on deepening cooperation and signed a strategic cooperation framework agreement. The two sides will carry out in-depth cooperation in the agricultural product industry chain, supply chain and industry information sharing, work together to build an international agricultural industry chain, and jointly write a new chapter in accelerating the construction of a new development pattern.

Lv Jun thanked CP Group for its long-term trust and support for COFCO Group, and introduced the current status of COFCO Group's business development. He said that after more than 70 years of development, COFCO Group has grown from a single grain and oil import and export company to an international grain, oil and food company integrating agricultural product trade, logistics, processing and grain, oil and food production and sales. The cooperation with CP Group is profound, with a solid foundation and strong industrial synergy. COFCO Group will give full play to its own industrial chain advantages, continue to deepen the pragmatic cooperation between the two sides in key areas such as industrial chain and supply chain, realize complementary advantages and strong combination, continuously enhance the core competitiveness of enterprises, and better meet the growing needs of the Chinese people for a better life.

Xie Guomin welcomed the visit of Lv Jun and his delegation, and thanked COFCO for its strong support for the business development of CP Group. He said that CP Group is a foreign-invested enterprise that entered the mainland after China's reform and opening up. For more than 40 years, it has always adhered to the three-benefit business philosophy of "benefiting the country, the people and the enterprise", and has continuously increased its investment scale and investment areas in China. As a leader and important partner of the agricultural and grain industry, COFCO Group attaches great importance to the business cooperation between the two parties, and hopes that the two parties will continue to explore new opportunities and new paths in the future, and continue to deepen pragmatic cooperation in multiple industries and fields to achieve mutually beneficial and win-win development.

Xu Guanghong, deputy general manager of COFCO Group, and Yang Xiaoping, vice chairman of CP Group and CEO of China, signed the agreement on behalf of both parties. Xie Jiren, chairman of CP Group, Xie Yi, vice chairman of CP Group, and Luan Richeng, general manager of COFCO Group, and Su Jian, chief accountant, attended the signing ceremony.

Agriculture is the most solid field in the economic and trade cooperation between China and Thailand. COFCO Group actively develops agricultural product trade with Thailand, regards Thai enterprises as important partners, and has maintained close cooperation with Charoen Pokphand Group for a long time. With the strategic cooperation reached this time, the two sides will focus on strengthening the in-depth cooperation of the upstream and downstream of the industrial chain, complement resources and deepen cooperation in warehousing and logistics, scientific and technological innovation, etc., promote China and Thailand to accelerate the modernization, low-carbonization and green transformation of the agricultural and grain industry, and better support the high-quality joint construction of the "Belt and Road" through cooperation between enterprises, lead and promote the iterative upgrading and sustainable development of the global agricultural and grain industry, and benefit global producers and consumers.


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