To prepare for the establishment of the Shanghai Fintech Industry Union (SFIU) and accelerate the integrated development of Shanghai International Financial Center and Shanghai Technology Innovation Center, with the aim of "open exchanges, frontier demonstration, win-win cooperation and ecological innovation", the Preparatory Group of SFIU held two internal seminars in Shanghai Chengchuang Fintech Industry Park on the afternoon of April 21 and 29 respectively, with the participation of some co-initiators' representatives. Zhou Lei, Vice President and Chief Investment Officer of SIG; and Zhong Maojun, Chief Operation Officer of SIG convened and hosted the seminars respectively. Present were IT directors, department heads or innovation heads from SFIU's over 20 member enterprises, including financial factor markets, banking institutions, insurance companies and securities brokers.

After listening to an introduction to SFIU preparations and the building of Shanghai International Financial Center and Innovation Center, the attendees said SFIU has set a precedent in the industry, come at the right time, started from a high point and been positioned accurately. They were positive about SFIU's future development. They offered advice on the positioning, features and cooperation mechanism of SFIU, and held a roundtable discussion about how to give play to the role of SFIU and advance joint innovation and collaboration. At last, SIG's leaders thanked the attendees for their strong support to SFIU preparations, saying that SIG would positively respond to the policies and arrangements of the CPC Shanghai Municipal Committee and the Shanghai Municipal People's Government for fintech and coordinate related work, focus on becoming an industrial cooperation, technology transformation and industrial promotion platform with international vision, serve the high-quality development of the fintech industry in Shanghai and the Yangtze River Delta, and lead the building of Shanghai International Financial Center with the integrated development of the Yangtze River Delta.

Through the two internal seminars, SIG and the Preparatory Group of SFIU found out pain spots and platform needs of SFIU's member entities, to lay a solid foundation for further improving the schemes for the founding of SUIU and the building of Shanghai Technology Innovation Center.