To implement the requirements of "deepening the financial system reform, improving the capacity of financial service for the real economy, increasing the proportion of direct financing and promoting the healthy development of multi-level capital markets" proposed in the report of the 19th CPC National Congress, further renovate modes of direct financing, give full play to the function of the capital market in resources allocation, support economic optimization and upgrading, and accelerate the innovation-driven transformational development of China, under the principle of equality, mutual benefit, honesty and credibility, the Shanghai Stock Exchange (SSE) organized the 2020 Autumn Equity Investment Institution Exchange Conference on September 18.

Key primary market equity investment institutions, including GP Capital, were invited to share the development trends of the Science and Technology Innovation Board and considerations of deepening reforms. Cai Jianchun, President of SSE and He Yanchun, President of the Asset Management Association of China attended the conference and delivered speeches.

Following the conference, SSE signed strategic cooperation agreements with 45 institutions including GP Capital. With focus on financial services for the IPO, the merger, restructuring and bond issuance of key enterprises, the two sides will strengthen information exchange and sharing, improve comprehensive service level, support enterprises in expanding financing channels and reducing financing costs, promote the quality and benefit improvement, optimization and upgrading of the industry, carry out all-round, in-depth and longstanding cooperation, and establish a stable cooperation mechanism.