Role of Shanghai State-owned Assets Management Co., Ltd.

Participate in the reorganization and reorganization of financial institutions. The key shareholding projects of state-owned companies include the reorganization and restructuring of Guotai Junan Securities, capital increase and share expansion, as well as the reorganization and restructuring of financial institutions such as Shanghai Pudong Development Bank, Shanghai Bank, Shanghai Rural Commercial Bank and Taibao Group, the introduction of strategic investors and listing.

Support the overall listing of state-owned enterprises. As a third party, the state-owned company is the only provider of listing on the Shanghai Stock Exchange. In addition, state-owned companies acquired and reorganized Shanghai Yang Chen Investment Co., Ltd., a B-share listed company, and also participated in the share-trading reform of many listed companies such as Jiaotong University Nanyang, Fudan Hua Fu, huitong energy and Zhixin Electric.

Promote the orderly advance and retreat of state-owned capital. Key projects include the market-oriented restructuring of the former Johnson & Johnson Group, and serving as the financial consultant for the equity transfer of Shanghai Water Supply Pudong Co., Ltd. and Pudong Waste Incineration Plant. Over the years, state-owned companies have revitalized nearly10 billion yuan of state-owned assets through various business operations.

Implementing the policy of energy conservation and emission reduction, state-owned companies actively implement the three-year action plan of Shanghai environmental protection and invest in sewage treatment projects. Zhuyuan No.1 Sewage Treatment Plant, which is controlled by the state-owned company and its listed subsidiary Yang Chen Company, is the largest BOT project in the sewage treatment field in China.

State-owned companies assisted the Municipal State-owned Assets Supervision and Administration Commission to gradually establish an operating system for disposing of false assets, and the state-owned companies received and disposed of more than 27 billion yuan of false assets of 73 (subsidiary) group companies.

Implement the strategic investment of Shanghai Municipal Government and complete the investment in Shanghai Tongsheng Group, Shanghai Shen Tie Investment Company, Shanghai Shen Kang Investment Co., Ltd., Dong Jiao Hotel, Shanghai tianma microelectronics Co., Ltd. and other projects.

The state-owned company has 1 1 departments and five wholly-owned subsidiaries. The company has been rated as AAA credit rating unit by Shanghai Branch of China People's Bank for seven consecutive years.