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On the afternoon of December 12, Ye Jinsong, Deputy Director General of the Shanghai Municipal State-owned Assets Supervision and Administration Commission (SHSASAC), visited Shanghai International Group (SIG). Liu Xinyi, President of SIG, met with the delegation led by Ye. Guan Wei, Vice President and Chief Financial Officer of SIG, was present.

Guan reported SIG's business operations in 2019, its work plan for 2020 and the matters needing to be supported by SHSASAC. SHSASAC spoke highly of SIG's work results in 2019, considered that SIG had achieved inspiring and remarkable results in high-quality development, and gave instructions in SIG's overall work plan for 2020 and its future key tasks.

Firstly, SIG should make clear its functional orientation, focus on the major strategic tasks of the CPC Shanghai Municipal Committee and the Shanghai Municipal People's Government, take an active part in the integrated development of the Yangtze River Delta, as well as strategic tasks such as the Sci-Tech Innovation Board and the new area of China (Shanghai) Pilot Free Trade Zone, strengthen policy research and investment deployment, employ its operation advantage and rich experience in industry fund operations, and bring its leading role into play; secondly, SIG should continue to seriously implement Shanghai's task of regional comprehensive reform of state-owned assets and enterprises, assist SHSASAC in further improving the management model of state-owned assets and enterprises, and promote the reform and development of state-owned assets and enterprises; lastly, SIG should keep its development task in mind, further improve the level of comprehensive management based on the requirements of marketization and professionalism, make investment actively, implement the goal of "going out" for state-owned enterprises, and promote the building of Shanghai International Financial Center.

Relevant staff members of the Office of Financial Evaluation, the Office of Financial Enterprise Evaluation and the Office of Audit and Supervision of SHSASAC, as well as the Department of Financial Management and the Department of Capital Operation of SIG attended the survey meeting.