On Nov. 13th, State Development & Investment Corp., Ltd. and Shenzhen Stock Exchange signed strategic cooperation agreement in Shenzhen. It was an important measure to deepen SOE reforms. SDIC Chairman Wang Huisheng, President Shi hongxiang, Shenzhen Stock Exchange Councilor Wu Lijun and General Manager Wang Jianjun attended the signing ceremony.
SDIC was the first batch of pilot companies for SOE reform and was the only investment company among the central SOEs. It managed large scale fund with different kinds and covered all life period of a company. In recent years, SDIC has taken the strategic orientation of meeting the short board of beautiful life and guiding the new industries and increase our efforts in bio pharmaceutical, advanced manufacturing and financial services with a view to exploring an effective way to speeding up newly emerging industries by fund development.
SDIC had maintained sound relationship with Shenzhen Stock Exchange with many stage results. According to the agreement, based on the existing cooperation, Shenzhen Stock Exchange would broaden the service in incubation, M&A, bond financing and product innovation etc.. It would give full play as a platform, serve the fine-tuned layout of SDIC and help SDIC in serving the national strategies and technological innovation.