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2021-10-17

Yu Beihua, Fu Fan Visit Central Financial Regulatory Institutions in Shanghai

From June 6 to 8, Yu Beihua, Secretary of the CPC SIG Committee and Chairman of the Board of Directors; Fu Fan, Vice Secretary of the CPC SIG Committee and President of SIG and other executives of SIG visited Jin Penghui, Vice President of the Shanghai Head Office of the People's Bank of China (PBC) and President of PBC Shanghai Branch; Han Yi, Party Secretary and Director of the Shanghai Office of the China Banking Regulatory Commission (CBRC); Yan Bojin, Party Secretary and Director of the Shanghai Office of the China Securities Regulatory Commission (CSRC) and Pei Guang, Party Secretary and Director of the Shanghai Office of the China Insurance Regulatory Commission (CIRC).

On behalf of SIG, Yu thanked the PBC Shanghai Head Office, as well as the Shanghai offices of CBRC, CSRC and CIRC for their permanent attention and support to SIG. As a municipal exclusively state-owned enterprise, based on the function of state-owned capital operation platform and financial institution equity investment, with focus on Shanghai's state-owned capital and enterprise reform and major development strategy, SIG has been committed to building a professional platform for the market-based operation of state-owned capital driven by two wheels,namely state-owned capital operation and investment management, thus making new contributions to the building of Shanghai into an international financial center, said him. Fu introduced SIG's business development and financial investment operations in recent years, noting that SIG will continue giving play to the leading and amplifying role of finance and state-owned capital to serve the real economy and regional development.

Leaders of the Central Bank and three regulatory commissions warmly welcomed the visitors, spoke highly of SIG's development in recent years, and pledged continuing support for SIG's reform and innovation in financial state-owned capital.

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