Eleventh China M & A hosted by Chinese CMAA Council on November 15 was held in Beijing Traders Hotel, "bound letter Management Consulting (Shenzhen) Co., Ltd." Mr. Sun Jian, chairman invited to participate in the annual meeting. Former Vice Minister of the CPC Central Committee United Front Work Department, the National Federation Party secretary, first vice-chairman Hu Deping to be congratulated and made a keynote speech.

Deping minister lecture Record (according to documenting without my review)

Ten years ago, Wang Wei, president want him hanging CMAA initiated under the National Federation, in order to obtain legal status, which is a reasonable requirement, although there was institutional reform, but still difficult, work hard. At that time we were not sure what mergers and acquisitions, many ministries that the merger is the original Guantingbingzhuan, now you can organize domestic industry has become one of the most influential, not only in the domestic Chinese CMAA has nine Branch area, and the club has done it Tokyo, New York and Hong Kong, which is a remarkable achievement.

Many APEC forum and the just-concluded international conference convened spoke about the division of labor is now global industrial chain and value chain, I think this phenomenon is currently the world's most influential economic sector in a topic, form two chains , they are inseparable from mergers and acquisitions route. Yesterday, I visited the Chinese energy company, which was established in 1994, the Chinese can not expand the size and capacity of mergers and acquisitions, but rather a high-end technology, the production process of mergers and acquisitions throughout the industry value chain and connect all aspects of the interface, Therefore, the Chinese can only be like a river flows to the east as rapid development, their competitiveness in the world has occupied the first 23, it's not the size and production capacity, but the technology. The next goal is to minimize the fossil energy resources, but on the solar energy, semi-natural, semi-artificial photosynthesis power through the membrane material so that electrical energy into light moment, they say they are artificial chlorophyll production, will complete the solve our energy crisis and contribute.

Dear friends, here, would like to share a few thoughts for your reference: First, 30 years of development, China, is a growing economic power market history, M & A is one of the important driving force from the beginning of mergers and acquisitions in the future Also elevated to industry consolidation, upgrade to expand the national economic strength, which is the theme of this acquisition will meet in the golden age of industry consolidation. Second, China has now become a big country, it has been an economic volume big country, and China's M & A is an important part of the global mergers and acquisitions, we expect China CMAA should have the courage to "go out", involved in the reorganization of the global economy, help SMEs in China to attend the World Economic Cooperation. In the country do not always GDP, but also to the rest of the world should do GNP, this was more coordinated economic wings. Third, the merger is not only ideas and capital, but also the optimization and integration of personnel, China CMAA last year prepared the "China M & A Code of Conduct", also established merger arbitration system and trading division certification system is not approved by the executive branch, but market economy needs to be established, it exists or not, the situation is the case of mergers and acquisitions business all depends trader at work career development may be, CMAA should be more far-sighted goals for the Chinese and global reserve of resources including human resources. Fourth, China has also assisted CMAA done a wonderful thing, is in Tianjin, Suzhou and Beijing to establish a financial Museum, which is a professional museum, set up in Beijing next year to bring the Internet banking museum, I hope you concerned about this a financial culture. Last year, also this time, Wang Wei gave us a speech, talking about Internet banking, our reform does have a lot of difficulties and contradictions, where there is cause for concern, but it does not matter, new productivity, new Internet banking will be driving we have to change, beginning with financial reform, has played a significant driving force.

I know that many entrepreneurs for our war history, military history very interested in here, I would like to say the point of imagination, then, is the company's acquisition reflects the corporate reorganization transaction equality, integration. A growing army, an ever-victorious army, also needs to mergers and acquisitions, requires constant integration. Liberation War, China's Northwest Field Army, Central Plains Field Army, East China Field Army, Northeast Field Army, through the integration, restructuring, improve the formation of the First Field Army, the Second Field Army, the Third Field Army, the Fourth Field Army, the North China Field Army in two, some led by Comrade Ho Lung, classified the Second Field Army, led in part by Comrade Nie included in the First Field Army, Marshal was also subject to forces of integration, integration and promotion. The Northwest, Central Plains, North, Northeast Field Army troops Shaanxi-Gansu in turn, support the liberated areas of the Northeast's forces from integration, reorganization and integration, dating back to the Jinggangshan period. When our troops is developed step by step, and finally to the war of liberation it is at this stage, when the war against the very beautiful, every merger integration, are to enhance the combat effectiveness of the armed forces, sublimation of strategy, tactics, thinking, exercise out a group of military personnel, I think war and soldiers fighting does have the same purpose. I hope CMAA know this history, there is a better confidence to create more entrepreneurs in the global high-end integration of our industry. Such war and soldiers fighting is different from the original I win you lose, but to win-win situation, which is a contribution to world peace, and hope that our CMAA and entrepreneurs in the "Battlefield" play a greater power.

Thank you!