Linked to the Sinopec mixed reform project, the prospects are promising. As we all know, equity investment has always been considered as an area that can bring huge profits, especially in state-owned enterprises.
Under the background of "Ten Articles of New China" and "New Investment Policy", Fude Life Insurance has steadily improved the long-term rate of return of insurance funds by taking advantage of the Group's financial investment and giving full play to its active management ability. The general account in "Fu Ying 1" developed this time is partly linked to the mixed ownership reform project of China Petrochemical Sales Company.
Sinopec Sales Company, as a template for mixed reform of central enterprises, began mixed reform on 20 14, introducing 30% equity to private capital and sharing the reform dividend. The mixed reform of Sinopec attracted more than 100 institutions to bid. After two rounds of fierce competition, Sinopec Sales Company selected 25 investors with strong financial strength as shareholders. Fude Life Life finally stood out. With the strong strength of the company and the east wind of national policies, Fude Life won the bid for the reform project of mixed ownership of Sinopec, and subscribed for part of the shares of Sinopec sales company for 5.5 billion yuan.