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2022-06-29

SIG's Leaders Visit Subsidiaries for Survey on Full and Vigorous Exercise of Party Self-governance

From June 23 to 24, He Shilin, Member of the CPC SIG Committee, Secretary of the Discipline Inspection Commission of SIG and Commissioner of the Shanghai Municipal Discipline Inspection Commission and Supervisory Commission at SIG, visited Shanghai State-Owned Assets Management Co., Ltd. (SSAM), SIG Asset Management Co., Ltd. (SIGAM) and Shanghai SITICO Assets Management Co., Ltd. (SAM) for a survey on the full and vigorous exercise of Party self-governance. Guan Wei, Member of the CPC SIG Committee, Vice President and Chief Financial Officer of SIG, Secretary of the CPC SSAM Committee and Chairwoman of the Board of Directors of SSAM; and Wang Tayu, Chief Investment Officer of SIG, Secretary of the CPC SIGAM Committee and Chairwoman of the Board of Directors of SIGAM participated in the survey.

Leaders of the three subsidiaries delivered comprehensive reports on business operation, Party conduct construction, epidemic control and discipline inspection. He fully recognized the subsidiaries' efforts and results in business operation, as well as the full and vigorous exercise of Party self-governance. In the first half of this year, the subsidiaries have coordinated epidemic control with work resumption, advanced production, operation and the full and vigorous exercise of Party self-governance in an orderly manner, and achieved substantial work results. He noted that the overall situation of SIG's work of exercising Party self-governance fully and vigorously has been good. Under municipal strategies such as deepening the building of "five centers" and enhancing "four functions", we should align ourselves with SIG's functional orientation, responsibility and mission, maintain a strict tone, identify possible risks in business development and work implementation, and guard against the risks of decision making, operation and self-discipline. SIG's discipline inspection groups at all levels should conduct early prevention, perform the primary responsibility of supervision, detect emerging and tendentious problems, remind relevant departments of them and correct them in time, exercise the "first function", properly deal with the relationship between "four forms" and "three differentiations", ensure the enforcement of discipline and protect executives, and effectively leverage their role in ensuring the implementation of decisions and plans through supervision and promoting the development of systems during the reform and development of SIG.

Leaders of the three subsidiaries, as well as staff of the Discipline Inspection and Supervision Office of SIG participated in the survey.

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