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Today, Siemens Chairman, President and CEO Bolleren met with Liao Lin, Chairman of the Industrial and Commercial Bank of China, in Beijing and signed a memorandum on establishing a strategic partnership between Siemens AG and the Industrial and Commercial Bank of China. In the future, both parties will better integrate their advantages in finance, industry and technology, continue to play the role of leading Chinese and German enterprises, promote Sino-German industrial cooperation, and jointly serve global customers.

As the chairman of the Sino-German Economic Advisory Committee, Siemens and the Industrial and Commercial Bank of China are each other's important partners. The two parties have in-depth cooperation in the fields of financing, global treasury management, digitalization, low-carbonization and other fields. They jointly serve the development of technology-based and manufacturing enterprises and promote the intelligent and green transformation of industry and infrastructure. Siemens will leverage its technological advantages and global business network resources to work with the Industrial and Commercial Bank of China to support dialogue, communication, exchanges and cooperation between enterprises of the two countries and promote more practical results.