U乐U乐国际

In March 2022, Shanghai International Group ranked ?rst in the Comprehensive Evaluation list of Top 10 State-owned Capital Operating Companies with High-quality Development, and Top 10 State-owned Capital Operating Companies with High-quality Development Evaluation - Investment & Operation Capability, and third in Top 10 State-owned CapitalOperating  Companies  with  High-quality  Develop-ment - Assets Quality.

In January 2022, Zhang Wei, Vice Mayor of Shanghai visited SIG,  requiring SIG to further  leverage the advantages of the state-owned assets platform, make greater  contributions  in  improving  the  state-owned asset management system, optimizing the layout of state-owned  capital,  and  making  state-owned capital stronger, better and bigger, deeply promote the layout of industrial funds and ?ntech, and cultivate professional capabilities in market competition to serve Shanghai's socio-economicdevelopment better.

In December 2021, SenseTime Group Inc. invested by SIG was listed on the Stock Exchange of Hong Kong,  being the ?rst  bellwether company  in the arti?cial intelligence sector to be publicly o?ered and listed in China.

In November 2021, Shanghai Data Exchange launched by Shanghai International Group held an inaugura-tion ceremony and reached the ?rst transaction.

In September 2021,  the  Shanghai  Fintech  Equity Investment  Fund strategically  initiated  by SIG and managed by SIG's GP Capital completed its ?rst round of account closing, with a scale of RMB 2 billion. The ?ntech fund will focus on the deep integration of ?nance, technology and industry, and make arrange- ments centering on the new infrastructure of digital economy, the technology-based transformation and upgrading of conventional ?nancial institutions, and the digital development of real industries, to build an e?cient, coordinated and well-linked ?ntech ecosystem.

In June 2021, Shanghai Fintech Co., Ltd. held its opening ceremony. Initiated by the Digital Currency Institute of the People's Bank of China, SIG and Changning District People's Government, Shanghai Fintech Ltd. is of positive signi?cance to improve the ?ntech level of Shanghai.

In June 2021, SIG Development History Showroom was completed, and the commemorative album Endeavor of 40 Years (1981-2021) was compiled and printed. On the same day, the symposium to celebrate the 40th anniversary of SIG was success- fully held.

In May 2021, SIG entered into a strategic cooperation framework agreement with the Jiading District People's Government at the Promotion Conference for the Construction of Five New Towns of State-owned Assets and State-owned Enterprises in Shanghai. According to the agreement, the phase II private investment fund partnership (limited partnership) of Shanghai Science and Technology Center Captial will be located in Jiading District.

In February 2021,  "The formation of Shanghai ?ntech ecosystem is accelerating" was selected into the "top 10 events in the development of Shanghai international ?nancial center in 2020" released by the China Economic Information Service of Xinhua News Agency, marked by the formal establishment of Shanghai Fintech Industry Alliance led by SIG and the  successful  holding  of  the  Second  Shanghai Fintech International Forum".

In September 2020, SIG was approved to increase its registered capital from RMB 10.55884 billion to RMB 30 billion, thus e?ectively promoting the development of a ?nancial holding group and better serving the major development strategies of the country and Shanghai.

In August 2020, SIG successfully held the SIG Party Member Congress, on which new members of CPC SIG Committee and Discipline Inspection Committee were elected.

In May 2020, SIG proposed and launched the establish- ment  of  Shanghai  Fintech  Industry  Alliance.  The Alliance will facilitate the high-level industry clustering and high-quality development of Shanghai's ?ntech industry, contributing to Shanghai's e?ort to develop as an international ?ntech center.

In December 2019, SIG signed an equity cooperation frame-work  agreement  with  Taiping  Reinsurance (China) Co., Ltd., in an e?ort to facilitate Shanghai's endeavor to develop into an international reinsur- ance center, serve national strategies, and support the socio-economic development of Shanghai.

In July 2019, Li Qiang, Member of the Political Bureau of the CPC Central Committee, Secretary of the CPC Shanghai Municipal Committee, visited SIG, requiring SIG to further utilize its strength as a state-owned capital platform and support state-owned capital to grow from strength to strength, based on a market-ori- ented professional approach with global perspective. Mr. Li also required SIG to enhance Party building and make  further  contributions  to  implement  national strategies, upgrade the city's capacity and core competitiveness.

In February 2019,  with  the  approval  of  National Development  and  Reform  Commission,  SIG  was granted to  issue  high-quality corporate  bonds totaling no more than RMB 20 billion. In October 2019, SIG successfully issued the ?rst phase of SIG's corporate  bonds  with  5-year  maturity  by  book building and raised RMB 2.2 billion. Its coupon rate was  a  record  low  not  only  among  the  batch  of high-quality corporate bonds with the same maturity approved  by  National  Development  and  Reform Commission, but also among all AAA-grade corporate bonds with the same maturity issued by local SOEs ever since 2017.

In February 2019, SIG signed a strategic cooperation agreement with the Chinese Academy of Sciences Holdings Co., Ltd. (CASA) in Beijing.

In December 2018, SIG invested RMB 1.5 billion in the capital increase and share expansion project of AVIC Investment Holdings Co., Ltd., as part of an e?ort to participate in the mixed-ownership reform of central enterprises.

In December 2018, the Shanghai State-owned Assets Supervision and Administration Commission issued Document No.402, authorizing SIG to perform SOA supervision duty over three ?nancial institutions: Shang-hai Pudong Development Bank Co., Ltd., Guotai Junan Securities Co., Ltd. and Shanghai Rural Commercial Bank Co., Ltd.

In December 2018, SIG and Taiping Reinsurance Co., Ltd. signed a letter of intent of cooperation to expand SIG's investment in insurance and support the development of Shanghai as an international reinsurance hub.

In October 2018, Ministry of Science and Technology of the P.R.C. and Shanghai Municipal People's Government signed Strategic Cooperation Agreement on Promoting the  Operation  of  National  Fund for Technology Transfer and Commercialization and Shanghai Sci-tech Innovation Center Equity Investment Fund. Shanghai Sci-Tech Innovation Center Equity Investment Fund is a market-based FOF initiated by SIG in accordance with the deployment of the CPC Shanghai Municipal Committee and Shanghai Municipal People's Govern- ment, with the aim of managing up to RMB 30 billion.

In September 2018, SIG pledged to invest RMB 1 billion in Shanghai State-owned Enterprise Reform and Development Equity Investment Fund.

In July 2018, Ying Yong, then Deputy Secretary of CPC Shanghai Municipal Committee and Mayor, and Zhou Bo, then Member of the Standing Committee of CPC Shanghai  Municipal Committee and  Executive Vice Mayor visited SIG, requiring SIG to leverage its advan- tages in the ?nancial sector and further strengthen the corporate functional positioning of state-owned platform.

In June 2018, a cooperation agreement of the Yangtze River Delta Collaborative Advantage Industry Fund initiated by SIG was o?cially signed at the Symposium of Major Leaders of the Yangtze River Delta Region. In
December 2018, after it was formally launched, the Fund raised over RMB 7.7 billion when its ?rst round of fundraising was closed. The money would leverage RMB 100 billion worth of social capital in the YRD region for promoting the formation of a future-oriented advanta- geous industrial cluster with better international compet- itiveness. The establishment of the Fund represents an important move to implement the national strategy for the integrated development of the Yangtze River Delta and President Xi Jinping's general requirements for "achieving higher-quality integrated development in the Yangtze River Delta".

In early 2018, as determined by the Financial Develop-ment and Stability Committee under the State Council of China, Shanghai International Group, together with China Merchants Group, Ant Financial Services Group and other companies were listed in the ?rst batch of ?ve pilot ?nancial holding companies under simulated supervision in China. Under the guidance of Shanghai Municipal People's Government and the People's Bank of China, SIG has successfully ful?lled the phased tasks of the pilot program.

In December 2017, Shanghai International Group (SIG) held "SIG Corporate Culture Promotion Conference ". The corporate culture building project (Phase 1) of SIG developed a complete core corporate culture concept system including mission, vision, core values and other elements.

In September 2017, Shanghai Sci-Tech Innovation Center Capital Co., Ltd. launched by SIG was inaugurated.It is of great signi?cance to improve the services of the ?nancial industry to the real economy, promote the integration of sci-tech and ?nance,  and  boost the synergy between the sci-tech innovation center and the ?nancial center.

In July 2017, Shanghai Growth FOF Co., Ltd. was established by SIG. Through the expansion of the ecosystem of industrial fund groups with the Growth FOF as the hub, SIG will achieve a leap forward develop- ment in the management of state-owned capital.

In December 2016, Shanghai Commercial Paper Exchange Co., Ltd. was o?cially opened. Shanghai Commercial Paper Exchange Co., Ltd. is an important carrier for the ?nancial factor market development of Shanghai. SIG's investment in Shanghai Commercial Paper Exchange Co., Ltd. will strategically facilitate its contribution to making Shanghai an international ?nancial center.

In June 2016, Shanghai Insurance Exchange was o?cially launched. SIG's involvement in the establish-ment of Shanghai Insurance Exchange marks its role as a local state-owned capital operating platform, and its contribution to the ?nancial factor market develop-ment in Shanghai.

In December, 2015, Shanghai Equity Exchange officially launched the technolo- gy innovation board. The first batch of 27 companies were listed, which has further expanded the capital market service and support for high-tech, innovative SMEs, and is a progress towards building a multi-level capital market system.

In November 2015, SIG’s subsidiary Shanghai State-owned Assets Operation Co., Ltd. issued five-year corporate bond worth 3 billion yuan, after CSRC amended the “Administration Methods for the Issuance and Trading of Corporate Debt” which allow non-listed companies to issue corporate bonds. It is the city s first large publicly offered instrument. Since then, SIG has opened up the channel connecting to the capital market and shifted from indirect financing to direct financing.

In September 2015, SIG and Shanghai Juneyao Group Co., Ltd. signed the agreement under which SIG will transfer all its equity stake in AJ Group to Juneyao Group in a market-oriented manner, which will help AJ Group become a private company again and diversify its business operations.

In September 2015, SIG officially completed the integration of Jinjiang Shipping and Shanghai International Port Group (SIPG), which is the first major local SOAs operation project in Shanghai. After the project was completed, SIG paid the operating earnings in full to the government, making a bigger contribution of SOAs proceeds to the redistribution of the local socio-economic develop-ment, providing strong support to Shanghai people’s livelihood, urban development and the growth of strategic emerging industries.

In August 2015, SIG`s subsidiary Shanghai International Group Assets Management Co., Ltd. registered a (3+2)-year 2-billion-yuan mid-term notes project with National Association of Financial Market Institutional Investors (NAFMII), and in November of the same year issued the first phase amounting to 500 million yuan. This effectively reduces the financial costs, optimizes the debt structure, effectively enhances the company’s credit image and paves the ground for the subsequent development of innovative financial products.

In January 2015, SIG and SPD Bank signed a memorandum concerning the management arrangements for Shanghai International Trust Co., Ltd and its main subsidiaries, marking a substantial progress for SPD Bank’ s acquisition of Shanghai International Trust Co., Ltd. In September, Shanghai International Trust Co., Ltd. handed over its managerial rights to SPD Bank, so the vertical integration between Shanghai International Trust Co., Ltd. and SPD Bank was basically completed. An operating platform for state-owned assets was created, and the mix of local state-owned capital was further optimized.

From June 2014 to January 2015, SIG successively held handover ceremony of quasi-?nancial   and real  estate  enterprises  with  Shanghai  Industrial Investment (Holdings) Co., Ltd., handover ceremony of Shanghai Securities Co., Ltd. and Postdoctoral Research Station with Guotai Junan Securities Co., Ltd., and the signing ceremony of the memorandum concerning  the   management   arrangements  for Shanghai International Trust Co., Ltd. and its major subsidiaries  with  Shanghai  Pudong  Development Bank.  SIG's  operation  platform  for  state-owned assets was created, and the mix of local ?nancial state-owned assets was further optimized.

In June 2014, Han Zheng, then Member of the Political Bureau of the CPC Central Committee and Secretary  of CPC  Shanghai  Municipal  Committee visited SIG. Secretary Han made clear the functional positioning and phased tasks of SIG, and expressed his high expectations for the future development strategy of SIG.

In 2013, SIG was awarded several titles of honor: Advanced Unit of Open and Democratic Administration, Top Ten Units of Open and Democratic Administration in Shanghai 2011-2012, and Shanghai May 1 Labor Award.

In January 2013, three events championed by SIG: Sailing Capital International Fund was launched, Shanghai Equity Exchange was officially open, SPD Silicon Valley Bank started operation, were listed among “Top Ten Events 2012 for the Development of Shanghai International Financial Center”.

In December 2012, Shao Yaliang, President of SIG, won the title as Top Ten Financiers of Shanghai 2012.

In February 2012, Shanghai  Equity  Exchange was o?cially launched. As the controlling shareholder of Shanghai Equity Exchange, SIG has given full play to its  functions  and  roles  in  improving  Shanghai's ?nancial service system to promote development of Shanghai as international ?nancial center and ?nancial factor market.

In February 2012, Sailing Capital Management Co., Ltd. launched by SIG was o?cially established, and raised the ?rst-round fund amounting to RMB 12 billion. The startup of Sailing Capital Management Co., Ltd. was a strategic requirement for Chinese enterprises to "go global", as well as an important exploration for the RMB internationalization, which further boosted the bilateral ?ow of ?nancial resources.

In September 2010, SIG successfully completed the issuance of the ?rst medium-term notes amounting to RMB 5 billion. This marked a signi?cant innova-tion and breakthrough in the ?nancing channels since the establishment of SIG, and pioneered a new pathway for direct ?nancing.

In June 2010, Shanghai Financial Sector Development Fund sponsored mainly by SIG was launched. It was China's  ?rst  pilot  industry  fund  focusing  on  the ?nancial industry, approved by the State Council and National Development and Reform Commission.

In April 2007, SIG acquired Shanghai State-owned Assets Operation Co., Ltd., with its registered capital increased to 10.55884 billion yuan by December 2007, while further expanding its portfolio of financial assets.

In December 2005, SIG co-founded China's ?rst inter-dealer brokering company ?Tullett  Prebon SITICO (China) Ltd.

In April 2000, Shanghai International Group Co., Ltd. was incorporated with a registered capital of RMB 5 billion. Its subsidiaries involve trust, securities, invest- ment  management,  industrial  investment,  bidding agency, real estate, import and export, East China Enterprises, Tongda Real Estate, assets operations, etc.

In June 1998, Shanghai International Trust & Invest-ment Corporation set up HuaAn Fund Management Co., Ltd., one of the ?rst fund management companies approved by China Securities Regulatory Commis-sion (CSRC).

In November 1993, Shanghai International Trust & Investment Corporation launched and managed Shanghai Development Fund and Jinlong Fund (now called HuaAn Small and Medium Growth Stock Fund). Shanghai Development Fund is Shanghai's ?rst mutual fund registered and listed overseas. Jinlong Fund is one of Shanghai's ?rst RMB-dominated mutual funds.

In December 1992, Shanghai Investment & Trust Co., Ltd. was  renamed  as  Shanghai  International Trust & Investment Corporation. The new name matched better with  its  portfolio,  business  scope  and  organization structure, which was also conducive to the company's active involvement in cooperation and competition in the international ?nancial market.

In 1991, Wang Daohan, then Advisor to Shanghai Municipal  People's  Government  and  President of Association for Relations Across the Taiwan Straits (ARATS) wrote an inscription for Shanghai Investment & Trust Co., Ltd.

In January 1989, Jiang Zemin, then Member of the Political Bureau of the CPC Central Committee and Secretary  of CPC  Shanghai  Municipal  Committee visited Shanghai Investment & Trust Co., Ltd.

In July 1988, Shanghai Investment & Trust Co., Ltd. launched China's ?rst joint-stock securities company - Shanghai Wanguo Securities.

In June 1988, Shanghai Investment & Trust Co., Ltd. issued 15 billion Euro-yen bonds. It was the ?rst time that a Shanghai ?nancial institution entered European ?nancial market.

From 1987 to 1991, Shanghai Investment & Trust Co.,Ltd. had established subsidiaries in import and export,industrial  investment,  international  consultancy,bidding agency, real estate and Pudong branch. Also it set up o?ces in San Francisco of the U.S.A., Hamburg of Germany and Tokyo of Japan, etc.

In January 1986, Shanghai Investment & Trust Co., Ltd. issued 25 billion Yen of public debt (equivalent to approximately 150 million USD at the then exchange rate) in Tokyo. It was the ?rst time that a ?nancial institution of Shanghai had raised funds overseas by issuing bonds.

In July 1981, Shanghai Investment & Trust Co., Ltd. was established, being one of the "Top Ten Windows" for foreign ?nancing designated by the State Council. Its incorporation boosted Shanghai's economic under- takings to  implement the opening-up  policy  more energetically, and gave full play to the role of Shanghai as an economic powerhouse and a port city in interna- tional economic a?airs.