the year 2021 will be a crucial year for the capital market to serve the real economy. the new securities law will be implemented, the path of deepening the reform of the capital market will be clear, and institutional reform will continue to stimulate market vitality. the era of comprehensive registration system is approaching, two-way opening-up is unabated, and the capital market is enjoying the most important development opportunity in the past 30 years.
as an important part of the capital market, the secondary market is not only an important channel to maintain capital liquidity, but also an important mission to optimize resource allocation and serve the real economy. how to follow the policy to guide the development, how to deepen the reform with the mission, icg is working hard to shape the "national construction plan" in the field of securities investment in the new era.
icg has been actively investing in the creditor's rights and equity of state-owned enterprises and listed companies. the work has been steadily promoted, and the total amount of investment has been increasing year by year. according to a survey by an authoritative statistics agency, the total investment in each business segment of the group reached 159.65 billion yuan in 2020, an increase of 51% compared with 105.6 billion yuan in 2019. in addition, icg has also actively improved enterprise financing schemes, expanded financial channels, and continuously improved its financial service ability, winning the trust of many enterprises. icg has made such great achievements because of its original intention to serve the real economy and determination of high-quality development. icg has always been striving for the goal of building an investment institution with first-class core competitiveness and high-level financial solutions in china.
in the 14th five-year plan period, it is an important mission and responsibility entrusted to the capital market in the new era to improve the efficiency of the financial market in allocating resources and enhance the financial market's ability to serve the real economy. in the new round of deepening reform, icg, together with domestic and overseas capital, famous domestic investment institutions and large foreign institutions, invests in high-quality domestic enterprises with high growth potential through equity, covering the primary market, primary and semi-market and secondary market, to meet the equity financing needs of enterprises in various stages of development. with the implementation of the new securities law, more and more high-quality enterprises choose to go public. focusing on the secondary market, icg sets up a parent fund to carry out securities investment. through systematic investment strategy, risk assessment and comprehensive compliance due diligence, icg introduces high-quality capital for enterprises, and improves market share and core competitiveness.
icg has a professional and first-class investment and research team, adhering to value investment, rational investment, quantitative investment as the leading, supplemented by macro research and event-driven research, in the secondary market to discover excellent investment targets. the investment and research team tracks the top 100 funds with the strongest profitability, sustained and stable returns and minimal historical retractions in the comprehensive performance of the industry, and selects the most cutting-edge, most investment development, and in line with the profit target of the mother fund for strategic analysis and fund portfolio allocation. icg parent fund adopts full strategy allocation, covering many modes such as solid income strategy, value strategy, quantitative hedging, mixed strategy, hong kong stocks, long stocks, cta strategy, overseas assets, etc., to realize diversified and diversified investment, and effectively control investment risks through continuous dynamic portfolio optimization. with the cross-asset, cross-market and all-strategy advantages of the parent fund, icg accelerates the promotion of capital liquidity in the secondary market, guides capital to effectively serve the real economy, and meets the financial needs of china's economic development in the new era.
at present, china's economic development is undergoing profound changes unseen in the world in a century. the international economy and industrial development are undergoing profound changes, and the securities market is endowed with new connotations and new missions to serve the real economy. as a state-owned joint-stock investment bank, icg adheres to the mission of "taking national construction as its own responsibility". icg makes full use of its advantages in securities investment, and braid together with regulatory agencies, listed companies, investors and other market players, to push forward china's economy toward high-quality and sustainable development.