On January 7, Yuan Ye, Vice Chairman of SASAC (State-owned Assets Supervision and Administration Commission of the State Council), inspected China Merchants Group's overall business development and management of the financial business sector. Group Chairman Miao Jianmin, Zhou Song, CFO of the Group, and Hong Xiaoyuan, Assistant President of the Group and Director of China Merchants Financial Services Executive Committee, attended the inspection. He congratulated the Group on the achievements made in 2020, spoke highly of the Group's contributions as a central SOE and fully recognised the Group's adherence to the principles of marketisation and specialisation in financial business management.