On the afternoon of September 16, 2020, Liu Xinyi, Vice Secretary of the CPC SIG Committee and President of SIG, received a delegation led by Xu Xiaoxi, Party Secretary and Chairman of Xiamen ITG Holding Group Co., Ltd. (ITG Holding). Zhou Lei, Vice President of SIG and Zhong Maojun, Chief Operation Officer of SIG were present.

According to Xu, ITG Holding is a municipal state-owned business group. In 2019, the company was listed among Fortune Global 500 for the third time, ranking 291st; and was placed 77th among "China Top 500 Enterprises". As the controlling shareholder of Xiamen ITG Group Corp., Ltd. (listed) and Xiamen Xinde Co. Ltd. (listed), the company operates in five sectors: supply chain, real estate, finance, manufacturing and emerging industries.

Liu introduced SIG's history, business sectors and functional orientation. SIG has conducted strategic transformation, operated with state-owned capital operation and investment management as the "dual engine", participated in the construction of Shanghai's financial factor market and set up several industry funds under Shanghai's development strategies. In 2018, SIG started the pilot building of a financial holding group.

The two sides exchanged ideas on issues such as corporate strategies, industry-finance integration and fund management models, and agreed on strengthening exchanges and seeking cooperation in such aspects as equity investment, the disposal of financial institutions' non-performing assets, futures business and overseas business.

Relevant staff of Xiamen ITG Group Corp., Ltd. and Century Securities accompanied Xu for the visit. Present were relevant staff of the Department of Strategic Development, the Department of Investment Management I, the Department of Investment Management II, the Department of Risk Management and Compliance and the Department of Capital Operation of SIG, as well as SIG Asset Management Co., Ltd.