On Sept. 19^th, SDIC’s Jilin branch was established in Changchun. Jilin Governor Jing Junhai, SDIC Chairman Wang Huisheng attended the founding ceremony. Vice Governor Zhu Tianshu delivered a speech .

Wang Huisheng said that SDIC had maintained sound relationship of cooperation with Jilin Province which became the model sound cooperation between central SOEs and provincial governments for complementarity and win-win results. The two sides had cooperation in the fields of strategically emerging industries, financial services and SOE reforms since they signed agreement of strategic cooperation in July 2017. They had gained staged achievements. The strategic reorganization of Jilin Ethanol Group was not only an important step for green and low-carbon transformation of SDIC but also a guarantee for SDIC in its business layout in green energy industry as well as an important measure of SDIC to support the development of old industrial bases such as Jilin.

Zhu Tianshu said in his speech that this reorganization would provide more job opportunities for Jilin since the registered place remained to be in Jilin. This showed the sense of social responsibility and sense of historical mission of SDIC and opened a new chapter for the cooperation between Jinlin province and SDIC.

Jijiu Group is the dragon head of the ethanol industry of Jilin province and it is also the biggest portable ethanol production base and an important fuel ethanol production base. After the reorganization, Jijiu Group was renamed as SDIC Biotech Jilin Branch. It is the important pillar not only for the development of green energy of SDIC but also for speeding up development of local economy and revitalization.