On March 30, the reporter of China Securities Journal learned from relevant persons that Xuhui Group Co., Ltd. and Bank Of Communications Co.Ltd(601328) Shanghai Branch confirmed a strategic cooperation agreement on M & A. In the next three years, Bank Of Communications Co.Ltd(601328) Shanghai Branch will provide a 10 billion yuan framework M & a loan credit line according to the M & a business needs, operation management and financial status of Xuhui and its affiliated holding companies.