On September 20th, Mr. Shen Jun, secretary general of CPC SIG committee and Chairman of SIG, met with Ms. Chen Yueming, Deputy General Manager and Member of CPC State Grid Corporation of China (SGCC) committee and her group members. The meeting was also joined by Mr. Gu Jianzhong, Member of CPC SIG committee, Vice president of SIG, and Mr. Zhong Maojun, Chief Operation Officer.

Mr. Shen Jun firstly welcomed Ms. Chen Yueming and then briefly introduced the development courses and basic conditions after the strategic transformation of SIG. He noted that SIG has been focusing on capital operation and investment management as its two engines to proactively participate in the developement of financial factor market, gave full play to the company’s function as two main bodies and one channel, and the work so far have seen positive results. Later Mr. Gu Jianzhong gave a detailed introduction on SIG`s business field operation model and its management mechanism on its invested companies as well as the current development of SIG`s fund operation.

Ms. Chen Yueming said SIG is an explorer in this round of reform on state-owned assets and state owned enterprises, and it has accumulated much good experience, both theoretical and practical. She also noted that SGCC, based on its current advantages on the power sector, is readily willing to take counsel from outstanding enterprises like SIG for excellent operation models and management experience so as to achieve new breakthroughs in the company`s upgrading and transformation.

Both sides expressed their willingness for active cooperation in fields including capital investment through utilizing each party`s advantages to achieve mutual benefits.

Also seated at the meeting are the heads of SIG`s Investment Management Department, Strategic Research Department, Human Resource Department and Administration Department.