What does it mean to invest in Shanghai State-owned Capital Investment Co., Ltd.

A wholly state-owned company that performs the duties of a state-owned capital contributor within the scope authorized by the state. Shanghai State-owned Capital Investment Co., Ltd. (hereinafter referred to as "Shanghai SDIC") is a large-scale state-owned capital investment platform company established with the approval of Shanghai Municipal Party Committee and Municipal Government, funded by Shanghai SASAC and directly supervised. The investment of Shanghai State-owned Capital Investment Co., Ltd. refers to a wholly state-owned company that performs the duties of state-owned capital investor within the scope authorized by the state.