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1970-01-01

Take Multiple Measures to Promote Business, Improve Level to Promote Development: SSAM's Subsidiary Guoxin Investment Advances Investment amid Epidemic

Since the outbreak of Covid-19, Guoxin Investment, a subsidiary of Shanghai State-Owned Assets Management Co., Ltd. (SSAM), has acted proactively and overcome negative impact to steadily advance investment. Since the beginning of this year, it has completed continuing investment in the project of Taikang Insurance to accelerate financial assets optimization, implemented investment decisions and follow-up matters for the projects of Hongming Electronics (new electronic components), Prophet Electronic (computer) and Nantian Information (financial information service), significantly improved in project scale and focused direction, and made a good start on the whole.

The epidemic had a great impact on the flow of some paper project materials between different parties across the country. Project teams conducted negotiations, rationally arranged materials flow, and worked closely on the premise of ensuring health safety in a contactless way, to kick off projects on schedule. Besides, Guoxin Investment has reserved projects, organized proposed invested enterprise Pukka Tech for a "cloud roadshow" to demonstrate its latest technology applications in real-time video, and discussed industrial trends, the new epidemic situation and the new opportunity from the epidemic with the enterprise; has organized proposed invested enterprise Aishu to unveil its business plan for 2020 via a corporate online learning platform; has organized proposed invested enterprise Quicktron for an exchange on overseas market development and R&D, and been invited to visit its AGV robot showroom; and has followed up projects in way such as frequent teleconference and online exchange.

Amid the epidemic, Guoxin Investment has, based on SSAM's overall plan and arrangements, strictly implemented work requirements of epidemic prevention and control as well as work and production resumption, and overcome the impact of the epidemic to achieve a good start in investment work. Now China's economic and social development is facing new difficulties and challenges, but the epidemic has created a new opportunity for new business. Guoxin Investment will continue to focus on investment, carry out external business interaction flexibly, and keep improving investment level, to better serve the overall strategy and the development of the real economy.

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