china's economy is about to enter the 14th five-year plan period, and the construction of a new development pattern with double cycles has become a main line running through major economic development goals. as an important tool for resource allocation and macro-control, finance is playing a key role in constructing a double-cycle development pattern. on january 3, aaron wang, president of icg, had an in-depth discussion and exchange with the alumni on how to play the pivotal role of the capital market in the post-epidemic period to serve the new development pattern of the 14th five-year plan.
aaron wang, president of the united nations, said in his speech that the key to building a new development pattern is to realize unimpeded economic circulation and industrial connections. this requires fundamentally improving the creativity and relevance of market players, solving various bottlenecks and bottlenecks, and unblocking the circulation of the national economy. to achieve this, we must ensure the stability of the capital chain of enterprises. as state-owned shareholding investment banking institutions, icg continue consistent business ideas, positive business development and combined closely with the state's financial strategic planning, focus on the listed companies, domestic enterprises directly under the central government, local large state-owned enterprises, large private or joint-stock enterprises, etc. the main binary, two plates breaking through the creditor's rights investment and equity investment enterprise financing problems, promote transformation and upgrading of industry, and promote financial benign cycle and the real economy.
when talking about the debt risks faced by enterprises in the current market environment, aaron wang, president of aaron wang, said: preventing debt risks is not simply to reduce the debt ratio, but more importantly to smooth the capital flow. in the field of debt investment, icg takes debt reduction financing (drf) asset management plan as the core, and actively guides high-quality capital to mainly support large state-owned enterprises and listed companies, and invest in financing enterprises in the form of debt. enterprises applying for financing can choose at least two modes from joint factoring, joint lease, capital and share increase, debt-for-equity swap, spv project financing and reits real estate investment trust fund according to their own conditions. by participating in debt reduction financing (drf) asset management plan, financing enterprises can effectively solve the problems of high debt ratio, financing difficulty and high cost, enhance capital liquidity, and improve the ability to resist risks.
"for companies with equity financing needs, icg is able to provide strong financial support in the primary, semi-primary and secondary markets." "said aaron wang, president. in the field of equity investment, icg works with domestic and overseas capital, famous domestic investment institutions and large foreign institutions to invest in high-quality domestic enterprises with high growth through equity form, so as to meet the equity financing needs of enterprises at all stages of development. icg has been deeply engaged in the primary market and the big health industry, focusing on mentality, diet, sleep, sports and medicine (traditional chinese and western medicine). it has been exploring the investment value and the core enterprises with high innovation, high growth and high technology, so as to promote the common development of the upstream and downstream enterprises in the industrial chain. in the first-half market, icg adheres to the concept of value investment, conducts investigation and research from the aspects of enterprise market competitiveness, executive quality, performance level, industry prospect, etc., and selects high-quality enterprises listed in the mainland or hong kong capital market to participate in private placement and international placement, so as to pay attention to the sustainable growth of enterprise value. for the secondary market, icg sets up the parent fund to carry out securities investment, which is led by quantitative investment, supplemented by macro research and event-driven research. through systematic investment strategy, risk assessment and comprehensive compliance due diligence, icg introduces high-quality capital for enterprises to improve market share and core competitiveness.
according to the statistics of authoritative institutions, the total investment in various business sectors of icg in 2019 is 105.6 billion yuan, including 66.58 billion yuan of debt investment, involving 109 investment projects in total. in 2020, the total investment in various business sectors of the group will be 159.65 billion yuan, including 96.58 billion yuan in creditor's rights, involving a total of 165 investment projects.