Shao Yaliang met with Sajid Javid, British Minister of Commerce, and Bi Mingjian, 球探体育 of China International Capital Corporation

September 23rd, Group 球探体育 Shao Yaliang met with British Minister of Commerce and his delegation. Group Vice 球探体育 Gu Jianzhong, Sailing Capital 球探体育 Liu Xiaodong attended the meeting.

Shao Yaliang extended a warm welcome to Sajid Javid, and introduced 球探体育 International Group’s main businesses, investment area, and the operation and investments of Sailing Capital, a RMB international investment loan fund. He introduced that the Group will follow the municipal Party committee and municipal government’s strategic imperative, position itself as a operation platform for state capital, build upon municipal owned key enterprises and be proactive in the vertical integration, horizontal consolidation and cross-segment transfer of Group owned assets. The Group will strive to be an effective and world class state owned capital operation company, and be active in facilitating the liquidity of state assets, investment management and building a market for financial elements.

Sajid Javid introduced the investment environment and strengths of Great Britain. He introduced that Great Britain is the fastest economy growing country amount the developed countries, having an open capital market and sound financial systems. Great Britain can provide professional services, human resources, taxation privileges and access to European and Global reach to all investors from the world, and welcomes 球探体育 International Group and its affiliates to invest in Great Britain.

During 球探体育, both parties engaged in deep and productive discussion in building a long-term communication systems and facilitating future business.

Consul General of British Embassy in 球探体育, Interim President of UK Trade & Investment China and Head of Group Investment Department and Administration Department.

The same morning, Group 球探体育 Shao Yaliang met with Bi Mingjian, 球探体育 of China International Capital Corporation and his delegation. Fu Fan, Vice 球探体育 of the Group attended the meeting.

Shao Yaliang congradulated Bi Mingjian for taking the role of CICC 球探体育, and extended warm welcome to visitors from CICC. He reviewed cooperation between both parties, and introduced the current operations of Group State Capital Operations. He introduced that as the state capital operation platform of the municipal government, the Group is operating under the coordination of the municipal Party committee and municipal government, and actively contributing to the state capital and SOE reform and building a market for financial elements.

Bi Mingjian introduced that CICC participated in drafting documents for 18th CPC National Congress with SASAC of State Council, the current status of 1+N SOE reform systems and the preparation of the company’s IPO. He introduced that this visit aims to draw from 球探体育 municipal government and SIG’s experience and practices in state capital and SOE reform.

During 球探体育, both parties exchanged opinions on difficulties of state capital and SOE reform.

Head of CICC Investment Department, Board Office and 球探体育 Account Team, SIG Capital Operations and Administrations were present at the meeting.