.jpg)
On Feb. 27, SZSE and China Reform Holdings Co., Ltd. (hereinafter referred to as CRHC) held an exchanged on the in-depth implementation of the spirit of the 19th CPC National Congress and deepening cooperation between the two sides. The communication focused on bringing into play the platform function of the capital market, boosting the quality and efficiency improvement of SOE reforms, and enhancing the ability of finance to serve the real economy etc. The two sides also signed a strategic cooperation agreement. Besides, the subsidiaries of both sides (Shenzhen Securities Information Co., Ltd. of SZSE and China Reform Fund Management Co., Ltd of CRHC) signed a cooperation memorandum. SZSE Party Secretary and Chairman Wu Lijun, SZSE Deputy Party Secretary and President & CEO Wang Jianjun and CRHC Party Secretary and Chairman Zhou Yubo attended the meeting and related activities.
CRHC is a pilot enterprise of state-owned capital operation and a professional platform for the market-oriented operation of state-owned capital. In recent years, it has been focusing on the state-owned capital that has entered the real industry, making stock capital and incremental capital stronger and better, and expanding industrial capital. CRHC has achieved positive results in nurturing strategic emerging industries, facilitating the optimization of state-owned capital distribution, and promoting the deepened reforms in key fields, quality and efficiency improvement and "going global" of SOEs.
SZSE and CRHC have maintained close communication and sound cooperation, and a number of cooperative projects have seen substantial progress. According to the agreement, based on the parties' existing cooperation, SZSE will intensify the strategic partnership with CRHC in such aspects as listing cultivation, M&A restructuring, investing-financing match-making and internationalization. It will support the market-based operation of state-owned capital, and improve the allocation efficiency of state-owned assets through its comprehensive and customized financial services. The two sides will jointly promote the construction of a market-based platform for state-owned capital, and serve national strategies such as the innovation-driven development strategy.
In recent years, under the CSRC leadership, SZSE has closely focused on serving the overall situation of the real economy and actively serving national development strategies. Besides, we keep optimizing the market cultivation service system comprehensively, supporting listed companies to achieve transformation and upgrading and high-quality development through M&A restructuring and refinancing so as to improve the ability of finance to serve the real economy. At present, SZSE has been working with more than 40 central SOEs to carry out in-depth diversified services and signed strategic cooperation agreements with more than 10 of them. We have made positive progress in such aspects as promoting the integration of industry and finance, facilitating transformation and upgrading, and serving reforms and innovation. Next, SZSE will earnestly implement the spirit delivered in General Secretary Xi Jinping's speeches at the Central Economic Work Conference and the 13th Collective Studies of the Political Bureau of the CPC Central Committee. We will implement new development concepts, adhere to market-oriented reforms, provide precise financial support, enhance the ability of direct financing, improve the basic systems of the market, facilitate the reforms of state-owned assets and SOEs, help technological innovation enterprises, private enterprises and growth-oriented enterprises to use the capital market to become bigger and stronger and provide higher-quality and more efficient financial services for the development of the real economy.
