on may 6, 2020, due to the covid-19 epidemic, the fifth "power of capital" china financial investment summit forum opened online. in this forum, in view of icg's outstanding contribution to the financing of state-owned enterprises, it was awarded the honor of "china's most valuable investment institution of the year" by the organizing committee of the conference, and president aaron wang was awarded the "outstanding contribution to china's financial investment" award.
this china financial investment summit aims to recognize enterprises and individuals who have made outstanding contributions to the development of chinese enterprises and economic growth, and to promote the national development strategy with the power of example. the award of "china's most valuable annual investment institution" awarded to icg by the organizing committee of the summit is a high recognition and support for its efforts to crack the financing dilemma of state-owned enterprises and boost the real economy with the power of capital.
on the road of china's continuous economic development, state-owned enterprises have always been the "leaders" of the national economy. under the "one belt and one road" initiative, state-owned enterprises (soes) have played a crucial role in promoting connectivity, raising the level of international cooperation, and enhancing mutual understanding and trust. in the special period of epidemic prevention and control, state-owned enterprises are more shouldering the important mission of responding to the epidemic to resume work and production and promoting local economic recovery, all of which require the capital market to provide strong financial guarantee for state-owned enterprises.
icg develops financial investment strategies around "one belt and one road" and actively introduces overseas capital to invest in state-owned enterprises and listed companies. through low-cost foreign investment to support the domestic real economy, to boost the confidence of enterprises, to enhance the comprehensive competitiveness of enterprises in the international market, to "bring in" as the group's "one belt and one road" industrial fund operation core.
icg has been actively providing policy-based, professional and diversified financing solutions for state-owned enterprises and listed companies. icg is committed to providing drf capital management, trs total return swap, os capital management, supply chain capital management, industrial funds, securities investment and equity investment to the chinese and international markets through debt reduction financing. business investment focuses on many strategic emerging industries, including big health, energy, science and technology, military and civilian integration, culture, film and television, effectively promoting the transformation and upgrading of local industries and the sustainable development of regional economy.
on behalf of icg, president aaron wang received the award and delivered his acceptance speech at the ceremony. he pointed out that affected by the covid-19 epidemic, state-owned enterprises, as the backbone of the national economy, must take the lead in accelerating the resumption of work and production to promote the coordinated development of upstream and downstream industries and small and medium-sized enterprises. for this reason, the financing demand of state-owned enterprises is soaring, and it is urgent to clear up financing channels and solve the problem of capital turnover. icg integrates business resources, attracts high-quality capital from home and abroad to inject into state-owned enterprises, speeds up the resumption of work and production of state-owned enterprises, and tries its best to help enterprises solve their problems. at the same time, make full use of the existing assets, optimize the financial structure, enhance the influence of enterprises in the industry and market competitiveness, to provide a steady flow of funds for the sound operation of state-owned enterprises.
in the face of increasingly severe economic situation, the power of capital has become the source of vitality for enterprises, helping them to tide over the difficulties and highlighting the important role of financial services for the real economy. in 2019, the total investment of icg's business segments reached 105.6 billion yuan, of which 66.58 billion yuan was invested in bonds, involving 109 investment projects. in the future, icg will follow the policy orientation of "one belt and one road", continuously enrich financing channels, meet the development needs of state-owned enterprises, realize the efficient linkage of policy chain, industrial chain and capital chain, and make substantial contributions to the sustainable development of china's economy.