Beijing State Capital Management held a meeting chaired by party secretary and
chairman Pan Jinfeng to hear 15th Five-Year plan reports from seven
subsidiaries: Guiding Fund Management Co., Equity Co., Beijing Venture Capital,
Jingguan Taifu, Shunlong Management Co., Beijing Equity Exchange and the Shared
Services Center. The seven firms are core components of Beijing State Capital
Management’s fund system, covering government investment funds, parent funds and
S-funds, market-oriented venture capital, public funds, fixed income, a regional
equity market and mid-/back-office shared services. Pan asked the units to align
with national strategy and Beijing State Capital Management’s “1221” core
strategy and “1+2” business layout, clarify each firm’s role within a
“full-cycle, full-category, multi-track” fund system, and synchronize company-,
functional- and enterprise-level planning to support building a world-class
capital operations company.
