On July 22, Beijing State-owned Assets Management Co., Ltd. announced that it will firmly develop confidence, carry out the duties and missions of state-owned enterprises in the capital, focus on the strategic goal of “becoming a first-class domestic state-owned capital investment company”, closely follow policy requirements such as modern industrial system construction and service quality productivity development, highlight the two-wheel drive characteristics of “industrial investment+fund investment”, adhere to the investment concept of “effective investment, create a win-win situation”, and make greater efforts to increase shares in listed companies to promote mergers and acquisitions and restructuring of listed companies as long-term capital, patient capital, and strategic capital. At the same time, guide and promote holding listed companies to focus on investors, continuously improve the quality of operations, increase dividends, respond to market concerns in a timely manner, raise the level of investor returns, and make new and greater contributions to the healthy and stable development of the capital market and the long-term economic and social development of the capital. The Beijing State-owned Company is a pilot enterprise for municipal state-owned capital investment companies. In recent years, the Beijing State-owned Company has increased its holdings in the Bank of Beijing, acquired Credit Suisse Securities and changed its name to Beijing Securities, promoted the merger, acquisition and restructuring of Tongniu Information, supported Green Dynamics in formulating long-term dividend guidelines and implementing multiple cash dividends, helped SMIC's asset restructuring, participated in the restructuring and bailout of listed companies, and played a positive role in enhancing investor returns, strengthening market value management, and serving capital market stability.

On July 22, Beijing State-owned Assets Management Co., Ltd. announced that it will firmly develop confidence, carry out the duties and missions of state-owned enterprises in the capital, focus on the strategic goal of “becoming a first-class domestic state-owned capital investment company”, closely follow policy requirements such as modern industrial system construction and service quality productivity development, highlight the two-wheel drive characteristics of “industrial investment+fund investment”, adhere to the investment concept of “effective investment, create a win-win situation”, and make greater efforts to increase shares in listed companies to promote mergers and acquisitions and restructuring of listed companies as long-term capital, patient capital, and strategic capital. At the same time, guide and promote holding listed companies to focus on investors, continuously improve the quality of operations, increase dividends, respond to market concerns in a timely manner, raise the level of investor returns, and make new and greater contributions to the healthy and stable development of the capital market and the long-term economic and social development of the capital. The Beijing State-owned Company is a pilot enterprise for municipal state-owned capital investment companies. In recent years, the Beijing State-owned Company has increased its holdings in the Bank of Beijing, acquired Credit Suisse Securities and changed its name to Beijing Securities, promoted the merger, acquisition and restructuring of Tongniu Information, supported Green Dynamics in formulating long-term dividend guidelines and implementing multiple cash dividends, helped SMIC's asset restructuring, participated in the restructuring and bailout of listed companies, and played a positive role in enhancing investor returns, strengthening market value management, and serving capital market stability.