Shanghai Rural Commercial Bank and Huawei Technologies Co., Ltd. signed a memorandum of understanding to deepen strategic cooperation.

On June 25th, Shanghai Rural Commercial Bank signed a strategic cooperation agreement with Huawei Technologies Co., Ltd. Deputy General Manager of Shanghai Rural Commercial Bank, Shen Dong, stated that since 2015, the two parties have maintained a close and good cooperative relationship in the field of financial technology such as infrastructure, artificial intelligence, and big data. In the future, the two parties will further integrate in the areas of strengthening computational power, activating data elements, and deepening artificial intelligence, to jointly create a new benchmark for cooperation between banks and enterprises.