BSAM and China Chengtong Holdings Group Ltd Carry out In-depth Cooperation for Reform of Mixed Ownership in Central Enterprises
On November 3, 2017, Yue Peng (Chairman of BSAM) and Zhi Jun (President of BSAM) held official talks with Ma Zhengwu (Chairman of China Chengtong Holdings Group Ltd) and Tong Laiming (Vice President of China Chengtong Holdings Group Ltd) on such matters as reform and cooperation of mixed ownership in central enterprises. Chairman Yue Peng introduced historical chronicle of BSAM development, the current investment priorities, positions and roles of affiliated enterprises of BSAM in their respective industries. At the same time, Chairman Yue Peng intensively described mother fund initiated by BSAM and expressed the willingness to closely cooperate with China Chengtong Holdings Group Ltd and spare no effort for the reform of mixed ownership in central enterprises. Ma Zhengwu said that as a central enterprise, China Chengtong Holdings Group Ltd also wished and would actively devote it and affiliated fund management companies to establish close partnership with BSAM in the reform of mixed ownership in central enterprises, give full play to their respective advantages, launch diverse marketization modes (such as equity participation and share swap), accelerate the comprehensive cooperation between central enterprises and municipal enterprises, and achieve actual cooperation results, and play an active role in implementing the major decisions made by the Central Government and Beijing Municipality. At the same time, it is expected to carry out in-depth cooperation with BSAM in terms of Beijing-Tianjin-Hebei coordinated development, construction of Capital Cultural Center, construction of Xiong’an New Area, management and operation of industrial parks, the development of medical industry, equity management of investment enterprises, etc. The main leaders of China Beijing Equity Exchange attended.