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Since its establishment, SDIC has been adhering to the concept of reform and innovation and actively exploring for the development road of state-owned investment holding company with Chinese characteristics. With continuous restructuring and optimizing assets mix, we gradually developed four business sectors which include infrastructure-related investment, emerging industries, financial services and international business. During these years, we have made great achievements in the process of reform and development, with governance system and management mechanism well adapted to the operation of an investment holding company. Since the Second Pioneering Campaign in 2003 decided by top management, company's development entered a fast lane, with its assets scale expanded quickly, assets quality and profitability further enhanced, its strength and influence improved continuously. By the end of 2017, SDIC 's total assets reached 493.6 billion yuan, the assets under management (AUM) in finance exceeded one trillion yuan. It has been awarded A-rating in the annual performance assessment conducted by SASAC for 13 consecutive years. SDIC is playing an increasingly important role in the development of national economy and restructuring of the state sector of the economy.
In the future, SDIC will continue to implement the principles and spirit of the 19th National Party Congress and follow its tenet of Working for shareholders, for the society and for employees. It will adhere to the general principle of seeking progress while keeping steady achievements and actively adapt itself to the new norm of economy. It will enhance the quality and efficiency of development, find innovative way of development with a view to becoming a world-class investment holding company.
State Development and Investment Corporation