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On the afternoon of June 13th, SIG and the Financial Affairs Office of Shan’xi Province held a signing ceremony for strategic collaborations at Room 208 of the SIG building. Mr. Shen Jun, Chairman of SIG and Mr. Wang Yixin, Vice Governor of Shan’xi Province, made speeches respectively at the ceremony. Mr. Shao Yaliang, CEO of SIG, and Mr. Guo Baomin, Director of Shan’xi Financial Affairs Office, signed an Agreement for Strategic Collaboration on behalf of each side respectively. The ceremony was hosted by Mr. Yang Dehong, Vice President of SIG. The leaders of SIG and managers of its departments, along with the relevant leaders of Shan’xi provincial government, Shan’xi financial affairs office and Taiyuan municipal government attended the ceremony too.

During the signing ceremony, Mr. Shen Jun expressed that the Agreement for Strategic Collaboration between SIG and the Financial Office of Shanxi Province was a meaningful attempt for both sides to establish a more comprehensive strategic cooperation at a higher level. The cooperation would make full use of the group’s advantages gained from its experience in operating state-owned financial assets and in building financial system. It would also support Shan’Xi to accelerate the building of its financial system, and to boost its economic development. Meanwhile, SIG would be able to rely on Shanxis abundant resources better, to further expand business areas, and to support and serve the real economy better.

At the signing ceremony, Mr. Wang Yixin indicated that Shanxi and Shanghai were complementary in industrial structures, obviously possessed advantages in resources and capital and had huge potentials in future cooperation, which made this signing of significant practical meaning. He hoped that SIG would lead its financial institutions to deepen cooperation with Shan’xi in banking, trust, securities, guarantees, venture capital, investment funds, asset management, government investing and financing and more fields. The Shan’xi government would strongly support SIG to participate in key projects and provide a good environment for SIG’s development in Shan’xi Province.