On the afternoon of September 24, the SIG Subsidiary Work Exchange Conference took place on the site of the Qiaohe Property project of SIG Asset Management Co., Ltd. (SIGAM). Present were Zhong Maojun, Chief Operation Officer of SIG and Chairman of the Board of Supervisors of Shanghai State-Owned Assets Management Co., Ltd. (SSAM); Liu Junjun, Chairman of the Board of Supervisors of SIGAM and Shanghai SITICO Assets Management Co., Ltd. (SAM), members and office staff of boards of supervisors of SIG's subsidiaries, as well as relevant staff of the Office of the Board of Supervisors and the Department of Investment Management I of SIG, as well as full-time directors and supervisors of SIG.

The attendees first visited the site of Shanghai International Fortune Center under construction, found out the project progress and listened to a report on the general information and progress of the project. SIG's three subsidiaries-SSAM, SIGAM and SAM introduced the work and experience of the offices of boards of supervisors. Based on their experience, SIG's full-time supervisors shared work emphases and difficulties of subsidiaries' boards of supervisors, as well as their thought. The conference created an opportunity for SIG's subsidiaries to exchange work and share experience, said the attendees, hoping that the Office of the Board of Supervisors of SIG would strengthen guidance to the work of subsidiaries' boards of supervisors to create a regular work exchange mechanism for subsidiaries' boards of supervisors.

At last, the Office of the Board of Supervisors and the Department of Investment Management I of SIG undertook to continue implementing the requirements of the notice of the State-owned Assets Supervision and Administration Commission on the Guiding Opinions on Further Strengthening Boards of Supervisors of Subsidiaries of Enterprises Supervised by Municipal State-owned Assets Supervision and Administration Commissions, keep exploring and renovating working models of boards of supervisors of SIG's subsidiaries, strengthen duty performance collaboration and project coordination in SIG's board of supervisor system, further enrich the work content of the Board of Supervisors of SIG, and improve the work level of subsidiaries' boards of supervisors, to promote the development of SIG's subsidiaries.