Jiangsu Guoxin Investment Group Limited (JSGX) was a solely stateowned enterprise established on the basis of Jiangsu International Trust and Investment Corpand Jiangsu Provincial Investment and Management Co,Ltdin August,2001 upon the approval of Jiangsu provincial governmentJSGX mainly engages in the operation,management,transfer and investment of stateowned assets,enterprise trusteeship,asset reorganization and other business as approved,with a registered capital of RMB 20 billion

JSGX has always relied on its resources and functional advantages and elaborately built energy industry platforms centering on electric power,financial service industry platform focusing on trust and real estate platform emphasizing real estate development and hotel industryAlso,it has continuously expanded investment fields and perfecting business functions,successively investing in such sectors as natural gas pipeline network construction,new energy development,construction of Jiangsu Software Park and expanding guarantee,insurance brokerage and financial leasing and other business functionsAt the end of 2006,JSGX merged with Jiangsu Stateowned AssetsOperation (Holding) Co,Ltd,which injected new sources into such fields as securities,banking,hotels and tourism,real estate and social cultural undertakingsAs of the end of 2017,the Group had owned total assets of RMB 1529 billion,net assets of RMB 805 billion,revenues of RMB 575 billion and total profits of RMB 69 billion