Shanghai State owned Assets Supervision and Administration Commission: will increase policy supply in areas such as assessment and evaluation, due diligence exemption, etc

On February 26th, He Qing, Secretary and Director of the Party Committee of Shanghai State owned Assets Supervision and Administration Commission, led a team to Shanghai Guotou Company for research and chaired a symposium to listen to the company’s work report and suggestions. He Qing stated that the Shanghai State owned Assets Supervision and Administration Commission will increase policy supply in areas such as assessment and evaluation, due diligence exemption, and resource allocation, providing institutional guarantees for the high-quality development of Shanghai Guotou Company. He Qing also requested that Shanghai Guotou Company adhere to its original mission, strengthen the basic positioning of government guided funds, further clarify the strategic goals, functional positioning, and investment strategies of its fund matrix, and better serve Shanghai’s scientific and technological innovation and industrial upgrading; Consolidate the foundation of development, regard talent as the most core asset of the company, actively recruit high-end talents in fields such as investment and research at home and abroad, stimulate a sense of belonging and mission among talents through market-oriented mechanisms, form a good atmosphere that advocates professionalism and respects talents, and provide a broad platform for innovation and creation for outstanding talents; Improve the governance structure, strengthen strategic forecasting and rapid response to cutting-edge technologies and emerging industries by building a market-oriented and specialized operational system, and achieve an organic unity of strategic agility, collaborative empowerment, and effective control; To establish a normalized review and optimization mechanism, timely calibrate investment strategies, optimize investment decision-making mechanisms, and improve decision-making efficiency in practice.

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