Shandong State-owned Assets Investment is a limited liability company funded by the Shandong Provincial People's Government in the charge of Shandong Provincial People's Government State-owned Assets Supervision and Administration Commission and the Shandong Provincial Social Security Fund Council which perform the duties of the investor. The registered capital is 4.5 billion yuan. In June 2015, it was converted into the only one provincial state-owned capital operation company in Shandong Province, bearing the functions of implementing the Shandong provincial and municipal government strategic intent and guiding the province's economic innovation and development.
The company is a state-owned large investment holding company with more than 20 years of investment and operation experience, mainly engaged in investment and financing, capital operation and asset management business. The company has a solid financial strength, high-quality professional team and a wide range of market resources. After years of practice and exploration, the company has established a standardized governance structure, scientific and efficient decision-making mechanism and a sound risk management system; it has accumulated rich experience in the project development, demonstration and decision-making, resource integration, post-management, risk control and other aspects, with the highlighted market competitiveness and influence and the steady increase in economic efficiency.
The company has more than 20 wholly-owned, holding and joint venture secondary enterprises. Its management and investment fields include information technology, banking, guarantee, insurance, asset management, financial holding, cultural industry, ocean fishery, water conservancy construction, trade circulation, medicine and other industries. By the end of 2018, the combined assets of the company had exceeded 130 billion yuan, net assets had exceeded 33 billion yuan, business income had exceeded 60 billion yuan and total profits had reached 2.481 billion yuan.
In the future, the company will follow the core values of “benevolence and obedience”, adhere to the party's leadership, practice the responsibility of state-owned enterprises, adhere to innovation, optimize management, conduct sound management and have scientific development so as to make it a domestically leading and internationally influential state-owned capital operating company with reasonable capital, outstanding ability, efficient management practices and strong market competitiveness.