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The Tripartite Meeting: CICC, CQLJ and SFH - September 2nd, Chongqing

02 Settembre 2020

Dear Members and Friends of CICC,

On September 2nd, 2020, Mr. Paolo Bazzoni, Chairman of CICC and Mr. Li Guang, the Vice President of Chongqing Liangjiang New Area Investment Invitation Group, have visited to Saic Fiat Powertrain Hongyan Co., Ltd. (SFH) with CICC Board Member Mr. Gianluca Luisi, and attended the tripartite meeting which organized by the high level management team of SFH.

The event was opened with welcome greetings by Mr. Federico Gaiazzi, General Manager of SFH, he addressed a brief introduction of Saic Fiat Powertrain Hongyan Co., Ltd.

Afterwards, Mr. Li Guang has shared the conduct economic impacts of the COVID-19 epidemic in Liangjiang, through the rapid resumption of work and production under the cooperation of the government and enterprises, in the first half of this year, the GDP of Liangjiang New Area's direct management area increased by 4.8% YOY, it has been ranked 1st among 19 national new areas of China.

During the meeting, Mr. Bazzoni has expressed this effective meeting in SFH Chongqing Plant, LiangJiang New Area leaders together with CICC are enhancing and improving the further support by local government, boosting the future business growth for our Italian Key Successful Company in the territory.