2017/08/14
SIIC Delegation Visiting SIH
Shanghai Industrial Investment (Holding) Co., Ltd. ( known as SIIC, the largest owner of SIH) delegation visited SIH in Aug. 9th, 2017, while Mr. Jun Zhou, President, Mr. Jianzhong Jin, Chairman of Board of Supervisors, Mr. Bo Xu, Executive Director, Vice-president and others were welcomed by the all employees.
Mr. Zhou transmitted important speech of municipal leader delivered while visiting SIIC recently. The leader said that SIIC should be based in Hong Kong, relying on Shanghai, serving the national strategy and taking the international road. Mr. Zhou expressed that SIH has been developing well in recent years, namely, the scale of trade expanded continuously, the adjustment of investment structure conformed to strategy of SIIC, moreover, and securitization enhanced liquidity of capital. Mr. Jin pointed out that SIH focusing on capitalization was not enough. In compliance with the instruction of the municipal leader, it should play a greater role in the internationalized strategy of SIIC. Mr. Yinfa Meng, President of SIH reported the situation of the company, that in recent years, supported by the owners and under the leadership of the board of directors, SIH explored the market vigorously, also adjusted and optimized investment structure, and then promoted internal and external linkage, furthermore, took some solid steps for becoming a supplier serving production. Mr. Jianliang Shao, Secretary of Board of Directors and Manager of Assets Management Dept. reported the implementation of reducing inefficient investment, and then concentrating the profitable investment. Meanwhile, the assets quality is optimized increasingly and assets securitization rate is raised significantly. Mr. Jianwei Tao, Assistant to President reported business risk control that including strict management of major suppliers and main customers, standard procedure to control the risks. The SIIC leaders fully affirmed the achievement made by SIH in recently years, and hoped that SIH would play a role of overseas platform in the SIIC development strategy of combining finance and industry, deep capitalization, further internationalization, concentrating the greater health cause as well as expanding the new frontiers. SIIC would strengthen guidance and provide more resources to make SIH further contribute in the internationalized business operation.
By the way, the delegation visited Mizuho Bank, Osaka Branch, the city complex projects developed by Mori Building Group ( including Roppongi Hills, Toranomon Hills, Ginza Six),high-end old age care institution—SACRA VIA Seijo and Tsumura Co., Ltd., a largest Kampo pharmaceutical enterprise in Japan. Delegation members included Mr. Ming Zeng, Chairman of SIIC Development, Mr. Jun Feng, General Manager of SIIC Management (Shanghai) Co., Ltd., Mr. Haicheng Wang, Secretary of Board of Supervisors of SIIC and Mr. Hanguang Huang, Chairman of SIIC Environmental Holding (Wuhan) as well.