On Jan. 10th, She Chunming, Director of Department of Commerce of Shandong Province, met with Dr. Thomas Kabisch, Managing Director and CEO of MEAG and his party in Jinan. Under the framework of strategic cooperation agreement between Shandong Provincial People’s Government and ERGO Group, the two sides conducted deep discussion and contact on further promoting substantial cooperation and expanding cooperation areas. Director She Chunming said that the year 2016 is a year that cooperative relations between Shandong Province and Munich Re Group and ERGO Group had comprehensively deepened; Governor Guo Shuqing led a delegation to visit Munich Re headquarters in July; Chairman Riess paid a return visit to Shandong in September; Leaders of both sides reached important consensus on future-oriented strategic cooperation; Shandong Province and ERGO Group officially signed a strategic cooperation agreement; ERGO’s capital increase of RMB 600 million had been put in place. In the new year, he hopes the two sides will speed up the implementation of cooperation agreement, in particular make practical progress on airbus helicopter and other key projects which Munich Re and ERGO are involved in, adopt market-oriented means to innovate project operation mode and constantly expand investment fields. Thomas Kabisch said, “Munich Re and ERGO Group attach great importance to deepening cooperation with Shandong. This visit is specially to discuss expanding invest in Shandong involved in the strategic cooperation agreement. They will further strengthen project research and argumentation and make solid progress in investment and cooperation in Shandong.” Shi Guangliang, Deputy Director of Department of Commerce of Shandong Province, and leaders of Bureau of Commerce of Qingdao City, Qingdao General Aviation Company and ERGO attended the meeting.