SDIC

State Development & Investment Corp., Ltd., abbreviated as "SDIC" or "SDIC Group," formerly known as State Development & Investment Corporation, was established in 1995. It is a key state-owned backbone enterprise directly managed by the central government, and was transformed into a state-owned capital investment company in June 2022. The company primarily operates state-owned asset investment business, involving investment and management in numerous fields such as energy, transportation, high-tech industries, financial services, as well as asset management, economic information consulting, etc. SDIC Group has multiple wholly-owned, holding subsidiaries and invested enterprises, with 9 listed holding companies under its umbrella. The company focuses on building four major business segments: "Energy Industry," "Digital/Technology," "People's Livelihood and Health," and "Industrial Finance," playing an important role in preserving and increasing the value of state-owned assets and promoting the development of national industries.