On the afternoon of Mar 11th, the delegation of Shandong financial service office paid a visit to SIG, headed by their director, Li Yongjian. Mr. Shao Yaliang, president of SIG, had a meeting with the delegation. The two parties had an in-depth communication on the topics such as reform of state-owned financial institutions, the construction of local financial platforms, etc. Mr. Yang Dehong, vice president of SIG, and relevant government officials from Shanghai financial service office attended the meeting too.

During the meeting, Mr. Shao Yaliang expressed welcome to the delegation, and mainly introduced the history of SIG since its establishment, the organization structure, the business segments, and the strategic control mode of SIG. Mr. Shao also introduced the development plan of SIG for the 12th Five-Year-Plan. He stated that SIG will strengthen its strategic coordination function, boost the comprehensive efficiency of using the financial resources, and better utilize the advantage of a multi-functional finance group.

Mr. Li made an introduction of the arrangement of state-owned financial resources in Shandong Province. As he stated, Shanghai outranked other regions nationwide in the finance field, hence was full of valuable experience to share. SIG ,as a hub of state-owned financial assets in Shanghai, is boasted of its large size, extensive range and abundant resources. SIG is playing a pivotal role in the building of an international financial center. He wish to bring the experiences of Shanghai back to Shandong, and are looking forward to further communications.

The two parties also had an in-depth communication on the organizing mode, management mechanism, functioning of local financial platforms, as well as the financing talent pooling, strategic coordinating mechanisms.

The heads from department of financial business management, department of equity investment and assets management, department of strategic development and department of administration also attended the meeting.