At the forum, the Reform Bureau of SASAC signed a memorandum of strategic cooperation with the SSE. Weng Jieming, member of the Communist Party of China (CPC) Committee and Vice Chairman of SASAC, and Qiu Yong, Party Secretary of SSE, attended the meeting and made a speech. Guo Xiangyu, Director of the Reform Bureau of SASAC, presided over the meeting. Cai Jianchun, Deputy Party Secretary and President of SSE, delivered a welcome speech.

Weng Jieming pointed out that adhering to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, the SASAC and central SOEs have earnestly implemented the major decisions and arrangements of the CPC Central Committee and the State Council on deepening the reform of SOEs and capital market, actively given play to the role of capital market in allocating resources and serving innovation subjects, and constantly promoted the listing work. This has effectively consolidated the foundation for the high-quality development of central SOEs, continuously improved their governance level, and substantially contributed to the building of world-class enterprises. As an important initiative to deepen the reform of SOEs, listing is a critical path to improve corporate governance and enhance the efficiency of resource allocation. Central SOEs should accurately grasp the new situation and new requirements of deepening of the capital market reform, make full use of the platform of the STAR Market, better serve the overall situation of national scientific and technological innovation, and strive to become a model of scientific and technological innovation; implement the regulatory requirements for listed companies, improve corporate governance, and strive to become a model of accelerating the construction of modern enterprise system with Chinese characteristics; effectively leverage the resource allocation advantage of capital market, unswervingly build up the strength, quality and size of state-owned capital and SOEs, and strive to become a model of professional integration; actively build high-quality listed companies, promote the healthy development of capital market, and strive to become a model of compliance and honesty.

Qiu Yong pointed out that providing support for the listing of central SOEs is a political mission of the SSE to strengthen the basic socialist economic system, a political responsibility to implement the national strategy of scientific and technological innovation, an important embodiment of the road of financial development with Chinese characteristics, and an inherent need for the SSE to develop with high quality and build a world-class exchange. In recent years, the SSE has carefully studied and implemented the spirit of General Secretary Xi Jinping's important discourse and the decisions and arrangements of the CPC Central Committee and the State Council. Under the leadership of the China Securities Regulatory Commission (CSRC), it has made the implementation of serving the reform and innovation of SOEs and central SOEs as an important task, fully supported the deepening of reform and innovative development of SOEs and central SOEs, and achieved initial results. To date, there are 212 listed companies controlled by central SOEs under SASAC of the State Council on the SSE, with a total market value of more than 10 trillion yuan. 23 companies reported a market value of 100 billion yuan. More than 20 companies controlled by central SOEs have been listed on the STAR Market. Next, the SSE will better play its function and role as an exchange, comprehensively strengthen the strategic cooperation with the Reform Bureau of SASAC, jointly promote the high-quality development of central SOEs, and take practical actions to welcome the successful convening of the 20th CPC National Congress.

According to the memorandum, the two sides will, in accordance with the principles of "top-level design, top-down linkage, advantage complementarity and win-win cooperation", based on market-oriented and law-based direction, support central SOEs to improve the modern enterprise system with Chinese characteristics, promote the improvement of the layout and structure of the state-owned sector, improve the quality of listed companies controlled by central SOEs, build up the strength, quality and size of state-owned capital, and jointly promote the high-quality development of the real economy.

Officials of central SOEs such as China CSSC Holdings Limited, China COSCO Shipping Corporation Limited, China Information and Communication Technology Group Corporation and China Electrical Equipment Group Co., Ltd. had exchanges. Officials of relevant departments and bureaus of SASAC and the SSE attended the meeting.