On the morning of August 18, Mr. Li Jia, member of the standing committee of Guangdong Provincial Committee of the CPC and Secretary of Zhuhai Municipal Committee of the CPC paid a visit to SIG with the delegation. Mr. Shen Jun, Chairman of SIG, and Mr. Shao Yaliang, President of SIG, met with the delegation. The parties held friendly exchanges on the topics including the urban development of Zhuhai and the cooperation in financial sector, etc. The meeting was also attended by Mr. Yang Dehong, Vice President of SIG, Ms. Ding Xiaoyun, Chief of the Disciplinary Committee of SIG, and Mr. Liu Xiaodong, President of Sailing Capital.

Mr. Li jia firstly gave an overview on Zhuhai. He said currently Zhuhai was at its best time of development. Once the construction of Zhu Gang Bridge which connects Zhuhai, Hongkong and Macao is completed, Zhuhai will be expecting an economic boom by virtue of the emerging economic zone encompassing the regions of Zhuhai, Hong Kong and Macao. The primary purpose of visiting SIG this time was to borrow experiences from Shanghai. Seeing that SIG has been playing a crucial role in building Shanghai into a financial center and that Sailing Capital, a subsidiary of SIG, boasts of enormous strengths and international competitiveness, the delegation hopes that the economic development in Zhuhai will be boosted with the aid of the resources and experiences of SIG.

Mr. Shao Yaliang highlighted the development positioning, business layouts and strategic managing and controlling model of SIG. He said the 4+1 industrial fund cluster, initiated by SIG in the last few years, covered financial services, modern services, shipping and other sectors with a total amount of 6 billion RMB. In addition, it has leveraged the capital from the communities of more than 200 billion RMB. The importance of Sailing Capital in building Shanghai into an international financial hub will by no means be underestimated.

In the meeting, Mr. Shen Jun said Zhuhai City was the frontier for China’s economic reform and opening-up; at the moment, the multiplier effect of Zhu Gang Bridge would bring about a new round of growth opportunities for Zhuhai; SIG would give a strong support through this development process; hopefully, the both parties would deepen mutual understanding and enhance cooperation.

The meeting was also attended by heads from Financial Management Dept, Investment Management Dept., Strategic Development Dept. and Administration Dept. of SIG, and the relevant staff from Sailing Capital.