On July 6th, Mayor Fei Gaoyun met with the delegation headed by Zhi Jun, president of Beijing State-owned Assets Management Co., Ltd. (BSAM), in the Administration Center.

BSAM is a large-size state-owned investment holding company authorized by Beijing Municipal People’s Government, which is specialized in capital operation. Officially restructured and established by Beijing Municipal People’s Government in accordance with the modern enterprise system in April 2001, BSAM is mainly responsible for operation and management of important state-owned assets in Beijing. By the end of 2015, BSAM saw total assets of 109.69 billion yuan and net assets (attributable to the parent company) of 25.96 billion yuan. BSAM is primarily engaged in financial industry, modern services, science and technology, modern manufacturing, cultural industry, sports industry, social undertakings, etc. The new energy power project in Wujin District invested by Green Power Environmental Protection Group Co., Ltd. held by BSAM was successfully put into operation in 2008.

Fei expressed the expectation that the two sides would further strengthen exchanges and promote cooperation in more fields, such as equipment manufacturing and environmental protection, to achieve win-win results.

Zhi hoped to jointly promote the development of environmental protection industry based on the existing project in Changzhou, and looked forward to extend cooperation in more areas.

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