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Boman Group Sets Up China Headquarters in TEDA, Highlighting China-Australia Cooperation

11-19-2024

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The Australian Financial Group, Boman Group, set up its China headquarters in TEDA Yu-Xiang area on November 18. The headquarters will provide Chinese enterprises with one-stop specialized services, including investment consulting, project incubation, financing services, ASX listing guides, cross-border mergers and acquisitions (M&A), and fund custody. To date, Boman Group has established three companies in the Yu-Xiang area of TEDA.

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The China-Australia Industry and Capital Cooperation Forum was held in TEDA on the same day.

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During the forum, the Tianjin Free Trade Zone Cross-Border Investment and Financing Service Center launched the Australia Outbound Enterprise Service Platform, which will offer cross-border investment and financing services such as consulting, ASX listing guides, cross-border M&A, and fund custody. Additionally, Boman Group announced the creation of a $1 billion China-Australia Industry Investment Fund, which will focus on identifying promising companies in areas of new energy, healthcare, and technology.

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Furthermore, Boman China signed agreements with five institutions, including China Construction Bank Tianjin Branch and the Tianjin Binhai Counter Trading Market Co., Ltd., to jointly enhance cooperation in market expansion, project implementation, capital circulation, and cultural exchange for Australian investments.

Over the years, TEDA has utilized financial platforms as key tools to facilitate overseas exchanges and cooperation for enterprises. The Binhai Fund Town regularly hosts specialized economic and trade matchmaking activities, such as cross-border e-commerce, market procurement, and financing connection, making it a significant driver of TEDA’s financial innovation and operation pilot zone. Meanwhile, the Tianjin Free Trade Zone Cross-Border Investment and Financing Service Center has established a joint service mechanism, integrating government departments, banks, and intermediaries, to promote trade facilitation and investment liberalization for enterprises going global.

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