What does SDIC mean?

Refers to National Development and Investment Group Co., Ltd., which was established on May 5, 1995. It is an important state-owned backbone enterprise directly managed by the central government, the only investment holding company among the central enterprises, and the first batch of pilot units for the reform of state-owned capital investment companies. The registered capital of SDIC is 33.8 billion yuan. By the end of 20 18, the total assets were 584 billion yuan and the employees were about 45,000.

The original industries of SDIC are mainly concentrated in traditional industries, with a large proportion of power, coal and port business. Through a series of actions, such as promoting the reorganization of the shipping sector and China Shipping business, and handing over the coal business to China Coal Group, SDIC reorganized and adjusted its existing business, promoted the concentration of state-owned capital in the vital areas of the national economy and people's livelihood, and formed four strategic business units: basic industries, strategic emerging industries, financial services and international business.

Historical evolution of extended data

Since its establishment, National Development and Investment Group Co., Ltd. has continuously improved its development strategy and optimized its asset structure, and gradually built four strategic business units: basic industry, forward-looking strategic industry, finance and service industry and international business. Basic industries will focus on the development of energy industry with electricity as the main body, transportation industry with roads and ports as the main body, and the development of strategic scarce mineral resources.

Forward-looking strategic industries promote the combination of fund investment and holding investment, focusing on the development of advanced manufacturing, health, urban environmental protection, biomass energy and other industries. The financial services industry develops financial services such as securities, banks, securities funds, trusts, insurance, guarantees, futures, finance companies and financial leasing, and prudently conducts other businesses such as engineering design, asset management, consulting and property management. International business focuses on overseas direct investment, international project contracting and international trade.

After more than 20 years of exploration and practice, SDIC has gradually formed a unique operation mode of "equity investment-equity management-equity management" and "combination of asset management and capital management", that is, capital investment gains equity, equity management enhances enterprise value, and equity transfer or equity management gains dividends, thus realizing the preservation and appreciation of state-owned assets.

Baidu encyclopedia-national development and investment group co., ltd