Retech Technology Expands Partnership with CITIC Bank

Retech Technology Co., Ltd (ASX:RTE, “Retech” or “The Company”) a leading Shanghai-based technology solutions company, is pleased to announce it has significantly expanded its partnership with China CITIC Bank International (SHA:601998; HKG:0998; RMB276.94bn market cap). Retech has signed its fourth commercial agreement with the leading commercial bank.

China CITIC Bank International is China’s seventh-largest lender in terms of total assets with HK$327.6 billion in assets under management as at 1H2017. The bank operates in almost 130 countries and maintains a strong foothold in China’s mainland banking industry.

Retech has been working with China CITIC Bank since 2014 to design tailor-made training and evaluation system for the bank employees via a variety of channels.

Under this latest agreement, Retech will launch a WeChat University Program for China CITIC Bank, which will leverage the leading Chinese mobile-messaging service to provide a broader range of education, training and evaluation services for the bank’s employees on mobile and WeChat channels.

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