On the morning of Oct.21th, Gao Yunlong, Vice Governor of Qinghai Province, accompanied by Huang Wenjun, Director of Qinghai Financial Sevice Office, visited SIG and Shao Yaliang, President of SIG met with the visiting delegation. Both sides had friendly and open discussion on the issues including financial investment, development and construction in Qinghai Province. Ding Xiaoyun, Vice Secretary of CPC SIG Committee, Zhu Zhongqun, Assistant to President of SIG joined the meeting.

Firstly, Shao Yaliang extended his welcome to the visiting Vice Governor and his delegation,, followed by an introduction on SIG’s capital operation, business sectors layout, strategic management and controlling model and corporate governance structure. He claimed that in recent years SIG had launched and established series of funds namely Sailing Capital International Fund, Shanghai Financial Sector Investment Fund, Shanghai Guohe Modern Service Investment Fund and Shanghai Real Power Emerging Industry Fund(onshore and offshore), which effectively brought the functions of financial state-owned assets as leading, leveraging and revitalizing social capital into play, thus making significant contribution to the building of Shanghai into an International Financial Center. The lately discussion on cooperation between Sailing Fund and the enterprises of Qinghai was deemed as the sound beginning of smooth cooperation between Qinghai Province and SIG.

Gao Yunlong pointed out Qinghai was an province with vast land and abundant resources, while low in GDP and population, hence with enormous potential in economic development. Since SIG has rich experiences in financial investment fields with profound influence and adequate financial resources, Qinghai is looking forward to working together with SIG in seeking the investment opportunities in green industry, energy and mineral industry in Qinghai Province so as to promote the economic development of Qinghai and realize win-win situation. In addition, Qinghai would study and borrow the experiences of SIG in the financial investment fields so that Qinghai will play the better role in the new round of financial reform.

The leaders from Strategic Development Department, Financial Management Department, Administration Department also participated in the meeting.