OREANDA-NEWS. November 10, 2011. President Cao Peixi, Vice President Huang Long and Chief Accountant (CFO) Guo Junming of China Huaneng Group met with Invesco Board Chairman Rex Adams, President and CEO Martin Flanagan and their delegation. Both sides exchanged views on further strengthening cooperation in financial area.

Cao Peixi expressed his welcome to Rex Adams and Martin Flanagan and the delegation, and gave a detailed account of the development situations of China Huaneng Group and the company's clean energy development strategy during the 12th five year plan period. He said, China Huaneng Group and Invesco has long been cooperating with each other, and has set up joint ventures like Invesco Great Wall Fund Management Co., Ltd. and Huaneng Invesco WLR Consulting Co., Ltd. The mutual exchange of top leaders of both companies could certainly lay a more solid foundation for further cooperation. He hoped that both sides would deepen cooperation, and make greater achievements.

Martin Flanagan expressed admiration for the achievements and future strategies of China Huaneng Group. He also introduced the development situations of Invesco. He said, Invesco had always been paying close attention to its development in China, and the joint ventures of Invesco Great Wall Fund Management Co., Ltd. and Huaneng Invesco WLR Consulting Co., Ltd. with China Huaneng Group marked an important milestone in Invesco's development in the Chinese market. The long-term development of Invesco in China required support and assistance of China Huaneng Group. He hoped that both sides could further strengthen communication and deepen cooperation, so as to achieve win-win benefits.