State-owned Capital Operation

SIG works hard to improve the operation capacity of state-owned capital,comprehensively makes use of various financial instruments, innovates the operation mode, effectively revitalizes state-owned assets, and promotes the rational flow of state-owned capital by market-oriented means. SIG has actively participated in the optimization and reorganization of state-owned assets in Shanghai, designed the target equity operation scheme, and increased the profits and efficiency of state-owned equity operation. It took part in the reform of the authorized management mechanism system of state-owned capital, strengthened the mandate exercise capacity building, and better performed the management rights and responsibilities as a state-owned shareholder. SIG constantly optimizes its services to the financial institutions by which it is authorized, supports their reform and innovation, and further enhances their development vitality. In 2022, SIG ranks first both in the Evaluation List of "Top 10 Overall High-quality Development for State-owned Capital Operation Companies" and "Top 10 Investment and Operation Capacity for High-quality Development of State-owned Capital Operation Companies", and it ranks third in the "Top 10 Asset Quality for High-quality Development of State-owned Capital Operation Companies".

STATE-OWNED CAPITAL OPERATION PROJECTS

SIG works hard to improve the operation capacity of state-owned capital,comprehensively makes use of various financial instruments, innovates the operation mode, effectively revitalizes state-owned assets, and promotes the rational flow of state-owned capital by market-oriented means.

  • SIPG and JJ Shipping Were Vertically Integrated Successfully The Shanghai State-Owned Assets Operation Platform Completed the First State-Owned Assets Transfer

    SIPG is the largest port operator in China, while JJ Shipping is the only shipping enterprise estab- lished or managed directly by the municipal government in Shanghai. On July 13, 2015, SIPG announced that it had acquired 48% equity of JJ Shipping held by SIG in cash and then became the controlling shareholder of JJ Shipping. This integration was conducive to further clustering Shanghai's marine-related state-owned industrial chain resources, enhancing the comprehensive strength and market competitiveness of the two enterprises, and producing an overall effect of "1 + 1 > 2". It has not only improved the quality and securitization level of competitive state-owned assets in Shanghai, but also helped to further consolidate the foundation of port and shipping logistics services, speeding up the development of Shanghai as an international shipping center, better aligning with national strategies including the "Belt and Road Initiative", the Yangtze River Economic Belt, and empowering the country with maritime transportation. Different from the conventional administrative transfer of state-owned assets to state-owned assets and the agreement-based transfer used to take place within the state-owned assets system, this integration represented that SIG played a major role in the market as a platform of state-owned capital operation in Shanghai to promote and complete the transfer of the state-owned assets in Shanghai for the first time after acquiring the equity of JJ Shipping.
    It is regarded as another milestone event in the reform state-owned assets and state-owned enterprises in Shanghai, symbolizing that Shang- hai made important practical achievements in the exploration and innovation of state-owned capital operation patterns. It is of positive demonstration and reference significance for Shanghai and even China to explore and establish a state-owned
    asset management mechanism "focusing on capital management".

    管家婆精准资料免费大全

    View website
  • Operation of SAIC Motor Shares

    SAIC Motor Corporation Limited (stock code: 600104) is a leading listed auto company in China. In 2021, SAIC Motor sold 5.464 million complete vehicles, ranking first in China for 16 consecutive years, 60th among the world's top 500, and it has been listed in the world's top 100 for 8 consecutive years.
    In April 2017, under the guidance of SASAC Shanghai, SIG completed the operation of SAIC's first-batch transferred 334 million shares in an active and prudent manner, on a legal, compliant, open, and transparent basis, and taking into account the market response. In view of the macroeconomic situation and capital market trend, SIG incorporated block trading, centralized bidding system, exchange of ETF and other innovative financial instruments into the operation plan by comprehensively considering its own realities and the characteristics of the opera- tion targets.
    During the two years of operation, SIG established an operating team with strong professionalism, rich experience and recognized achievements in professional fields, and actively integrated into the capital market through cooperation with market institutions. With such internal and external linkage and win-win cooperation, SIG has improved its level of marketization and specialization. SIG paid close attention to the market trend, seized the favorable window opportunity, and used a variety of operation means. It also paid close attention to public opinions, prepared plans, and strengthened coordination with listed companies to support their steady development.
    The SAIC project has recovered nearly RMB 10 billion as overall project returns, about 20% higher than the overall project returns approved by the competent authorities. As a professional state-owned assets operation platform, SIG revitalizes funds to effectively support the invest- ment in strategic emerging industries, construct- ing urban infrastructure, ensuring people's livelihood and so on.

    管家婆精准资料免费大全

    View website