President Mr. Shao Yaliang, Assistant President Mr. Zhu Zhongqun met Delegation of Hebei Financing Investment Holding Group Led by Board Chairman Mr. Li Lingcheng and CEO Zhang Shizhan in the afternoon of Oct. 15th.

Hebei Financing Investment Holding Group was incorporated on April 2011, which aimed to aggregate, facilitate and guide social capital and financial capital to support the development of small-and-medium size enterprises and local economy. So far, Hebei Financing Investment Holding Group has 7 subsidiaries, and the company is an integrated financial service provider for small-and-medium size enterprises and private economy. At present, the company’s registered capital is RMB 4.36 billion Yuan. The visit is intended to increase the communication and cooperation in both business areas with SIG.

Mr. Shao expressed his welcome to Mr. Li and introduced the profile and history of SIG. He said, authorized by Shanghai Municipal Government, SIG is a strategically-controlled investment group with financial investment as its core business, covering banking, trust, securities, fund management, insurance, oversea business and non-financial sector etc. By the end of 2011, its total assets had reached RMB 111.6 billion Yuan and the asset under management was RMB 910.2 billion Yuan.

Mr. Li expressed his gratitude to the meeting. He considered the experience of SIG is a significant reference to the development of Hebei Financing Investment Holding Group. He introduced the operating status and business plan of Hebei Financing Investment Holding Group. The two sides exchanged ideas on cooperation possibilities on financial equity investment, PE investment, asset management and commercial real estate business. They all agreed to establish good communication channels beginning with cooperation on projects. Giving full play to complementary advantages of both sides and to realize a win-win situation, SIG should give full play to its advantages on experiences of policy, talent and management, and Hebei Financing Investment Holding Group should give full play to its advantages on local project reserves, resources and information.

General Manager of Strategic Development Department Tong Wei, General Manager of Financial Business Management Department Gong Dexiong, General Manager of Investment Management Department Chen Gang, and Chairman of the Board Director of Shanghai Real Power Capital Cheng Baoliang attended the meeting.