SHANGHAI INTERNATIONAL GROUP WAS INCORPORATED ON APRIL 20TH, 2000, WITH A REGISTERED CAPITAL OF RMB 10.56 BILLION. SOLELY OWNED BY SHANGHAI MUNICIPAL GOVERNMENT WITH A-CLASS STATE-OWNED ASSETS MANAGEMENT AUTHORIZATION, SIG PERFORMS THE ROLE AS INVESTOR OF STATE-OWNED ASSETS, OPTIMIZING ITS FLOW, CONTROL, ALLOCATION AND BUDGET BALANCE, WHILE AIMING TO FULLY IMPROVE ITS STATE-OWNED ASSETS MANAGEMENT CAPABILITY AND PROACTIVELY EXPLORE ITS DEVELOPMENT STRATEGY AS A STATE-OWNED CAPITAL OPERATION PLATFORM.