On the morning of February 28, the Nanning economic and trade mission, led by Yu Yuanhui,Member of the Standing Committee of CPC Guangxi Autonomous Region Committee and Secretary of CPC Nanning Municipal Committee, Zhou Hongbo, Deputy Secretary of CPC Nanning Municipal Committee and Mayor of Nanning visited SIG. Shen Jun, Chairman of the Board of Director of SIG, Shao Yaliang, President of SIG, Yang Dehong, Vice President of SIG and the related leaders met with the delegation. The visit mainly aims at promoting the mutual understanding, promoting Nanning investment environment and enhancing future cooperation and development.

Shen Jun firstly expressed a warm welcome to Yu Yuanhui. Then, both sides introduced each other’s business and conducted in-depth exchange.

Shao Yaliang firstly briefed the delegation on the evolution of the group、assets operation and business pattern. He said that SIG is gradually developing itself as a comprehensive holding group with the strategic financial investment as its core, forming strategic management and controlling pattern with six areas and three levels. At present, it strategically controls large financial institutions such as Pudong Development Bank, Guotai Junan Securities and directly manages 13 subsidiaries including Shanghai International Trust Co.,Ltd.

Zhou Hongbo introduced that Guangxi, neighbouring ASEAN, is at the forefront and serves as the window for cooperation with ASEAN. Nanning, capital of Guangxi Zhuang Autonomous Region, has experienced the development for ten goldenyears. It is focused on industries such as pharmaceutical, electronic information, equipment manufacturing, aluminum. In the field of finance, Nanning takes the lead in the cross-border RMB settlement business in the country.

During the meeting, Yu Yuanhui stressed that Nanning is facing an unprecedented opportunity, taking advantage of the strategy of developing the silk road on sea in the 21st century and building Guangxi as an open and development fulcrum in the western south and mid-south zone in China. Currently Nanning is cooperating with Shanghai Securities under the SIG group. We hope that this visit can further push forward the cooperation with SIG in the field of finance and real estate to realize a win-win situation.

Shen Jun pointed out that SIG is the operation platform of financial assets of Shanghai Municipal Government. With the policy initiatives of the Central Government, SIG will fully play its role and achieve the effect of guiding and amplifying the financial resources and transform itself from managing assets to managing equity, and become more market-driven, professional and international. Boasting of its unique geographic location and support of state preferential policies , Nanning has a promising future for development. Today’s meeting establishes the bridge for exploring cooperation opportunities in the future. SIG will further play its function as a financial service provider and support the development of Nanning.