Development of Anhui Investment Group Holding Co., Ltd.

Since its establishment, under the leadership of Anhui Provincial Party Committee, Provincial Government and Provincial State-owned Assets Supervision and Administration Commission, the Group Company has continuously expanded its investment fields and optimized its asset structure, and gradually formed an industrial structure dominated by railway, automobile, building materials, chemical industry, mining, finance, real estate and service trade in accordance with the positioning of "the main body of investment and financing of major projects of the provincial government and the main body of market competition". So far, the company has invested in Beijing-Shanghai high-speed railway, Hejiu, Wu He, Hefu and other railway companies; Participated in Chery Automobile, An Kai Bus, star horse car and other major automobile projects in Anhui Province; Participate in Sinopec, Anhui Copper Chemical Group, Anhui Huasu, Anqing Shuguang and other chemical enterprises; The company has also increased its financial investment and capital operation, holding the relative equity of Anhui Investment Holding Company and participating in financial enterprises such as Huaan Securities, Changsheng Fund and Changan Liability Insurance. Most of these enterprises and projects are the backbone projects in the "86 1" plan of Anhui Province, and they are the support points and growth points of Anhui's economic development. The group company has also set up a wholly-owned Anhui Investment Credit Guarantee Company to provide guarantee business for SME loans; Anhui Venture Capital Company was established to carry out venture capital business; Wantou Real Estate Company was established to engage in real estate development and operation, and more than 3 million square meters of real estate development has been completed; Anhui Railway Investment Management Company was established to professionally manage railway projects; Through equity transfer and acquisition, Shanghai Yu 'an Investment Group has become a wholly-owned subsidiary of the group company, carrying out foreign economic and trade cooperation, logistics, tourism and other businesses; Set up Wantou Mining Company to strengthen investment in mineral resources at home and abroad; Anhui investment industrial company was established to be responsible for the integration of industrial investment resources of the group company; Establish a financial investment management office, strengthen investment in the financial sector, and carry out capital operation business. At the same time, the group company set up a subsidiary in Hong Kong, implemented the "going out" strategy, and carried out asset mergers and acquisitions on a global scale.

After more than ten years' development, the assets of the group company have been continuously expanded, the operating performance has been steadily improved, and the comprehensive strength has been significantly enhanced, which has effectively promoted the adjustment of industrial layout and the construction of major projects in Anhui Province. By the end of 20 1 1, the total assets of the group company reached 27 billion yuan, and the net assets were 1 1 billion yuan.