According to Ruian real estate news, on February 25, Ruian and Shanghai Pudong Development Bank (" Shanghai Pudong Development Bank Co.Ltd(600000) ") Shanghai Branch signed a 10 billion yuan memorandum of cooperation on real estate M & A financing and ESG sustainable development financing. The two sides reached an agreement that Shanghai Pudong Development Bank Co.Ltd(600000) will give full play to its business advantages of M & a financial consultant, provide M & A financing services for Ryan real estate, and actively support Ryan real estate in M & A of high-quality target enterprises' equity or assets. At the same time, Shanghai Pudong Development Bank Co.Ltd(600000) will support the implementation of Ruian real estate ESG sustainable development strategy through its product and service advantages established in the field of ESG sustainable development financial business, meeting the capital needs and financial service needs of Ruian real estate ESG sustainable development through ESG sustainable development products.