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Verajoy Investment Holdings Established Today,Verakin and Private Enterprises of Nan’an District Join Forces

Published:2014-08-18 16:29 | Issued:admin

Verakin Group Co. Ltd. has entered a new phase of development. On August 18th, under the leadership of Association of Industry and Commerce of Nan’an District, at the joint proposal of  21 private enterprises including Verakin Group Co. Ltd, Chongqing Lihong Fine Chemical Industrial Co. Ltd, Chongqing Xierong Investment Co. Ltd., Verajoy Investment Holdings Corp. Ltd. was officially established.  Deputy Party Secretary and Chief Executive of Nan’an District, Mr. ZHENG Xiangdong attended the founding ceremony.

Verajoy Investment Holdings Corp. Ltd. was established at the joint proposal of 21 private entrepreneurs of Nan’an District, including WU Xianhong, Chairman of Verakin Group Co. Ltd. , CHEN Zhengwei, Chairman of Chongqing Lihong Fine Chemical Industrial Co. Ltd., YE Xingquan, Chairman of Chongqing Xierong Investment Co. Ltd., SUN Chanlin, Chairman of Chongqing Huishang Financial Holding and Investment Co. Ltd., LI Dejian , Chairman of Chongqing Moral Village Industrial (Group) Co. Ltd., HE Jincun, Chairman of Chongqing Three Gorges Cables( Group) Co. Ltd., ZHANG Jianlin, Chairman of Chongqing Fareast Road and Bridge Construction Co. Ltd., XU Zhiqiang, Chongqing Shanghong Property Management (Group) Co. Ltd., etc.  WU Xianhong, Chairman of Verakin Group Co. Ltd. was elected to become the Chairman of Verajoy Investment Holdings Corp. Ltd..

Verajoy Investment Holdings Corp. Ltd. was formed with initial registered capital of 756 million YUAN. Verajoy has cooperated with ICBC Chongqing Branch and obtained a bank credit of 50 billion YUAN. At the founding ceremony, WU Xianhong, Chairman of Verajoy Investment Holdings Corp. Ltd., signed bank-corporation strategic cooperation contract with principals of ICBC Chongqing Branch, Huaxia Bank Nan’an Sub-Branch, and Chongqing Rural Commercial Bank Nan’ an Branch.
After the founding ceremony, Chairman WU Xianhong accepted interviews from major media. During the interview. WU made a brief introduction on topics of concern, including the founding purpose, future development direction, strategies in investment and globalization. He also expressed his wish that private entrepreneurs of Nan’an District should work together to realize their common dream and create glory.

Attached: Big Events of Verajoy Investment Holdings Corp. Ltd.

April 18th, Wang Ping, Secretary of Association of Industry and Commerce of Nan’an District, GONG Xiaomei, vice chairman of Association of Industry and Commerce of Nan’an District, WU Xianhong, Chairman of Verakin Group Co. Ltd. had a meeting in the conference room of Association of Industry and Commerce of Nan’an District and put the plan of local private enterprise developing together on schedule.

April 29th, at the 8th Chairmans’ meeting of the 10 session of Association of Industry and Commerce of Nan’an District, Secretary Wangping made an official introduction of the thought and proposal of private enterprises of Nan’an District developing together to MEI Zhebo, member of standing committee of CPC Nan’an District and district minister of United Front Work Department, chairman of District Association of Industry and Commerce, honorary chairman, vice chairmen and secretary general.

May 8th, the Preparatory Committee held its first meeting. Members of Committee gave their opinions and suggestions on prospectus and clarify the division of work.
May 16th, Financial Office of Nan’an District call in 13 financial organizations including  ICBC Nan’an Branch, ABC Nan’an Branch to discuss how to support the group development of private enterprises of Nan’an district more effectively.

May 20, on the 10 session, fifth conference of executive committee of Association of Industry and Commerce of Nan’an District, Secretary Wang Ping introduced the thoughts of private enterprises of Nan’an District developing together. On behalf of the Preparatory Committee,  WU Xianhong made a speech on the joint development of private enterprises of Nan’an District .

June 8th, Association of Industry and Commerce of Nan’an District organized the enterprises subscribed to sign the Subscription Confirmation Order.

June 26th, the founding conference of Verajoy Investment Holdings Corp. Ltd. as well as the first shareholders’ conference was convened. At the conference, Verajoy Investment Holdings Corp. Ltd. was officially established with 7 members of Board of Directors and 3 members of Board of Supervisors elected. WU Xianhong was elected to be the first chairman of board and President. CHEN Zhengwei, YE Xingquan were elected as vice chairman of board. XU Zhiqiang was elected as the first chairman of Board of Supervisors. After the conference, Verajoy immediately started the registeration procedure at the State Administration for Industry and Commerce and obtained the business license and other certificates concerned in time. Basic bank account was opened. Trademark was registered for protection in  the whole industry. Preparation work including the design of corporation VI System and construction of information system were also started.


August 18th, Verajoy Investment Holdings Corp. Ltd. was officially established.