Xuzhou Guo Sheng Group is a wholly state-owned company at the municipal level. With market-oriented operation, professional service and international vision, Guo Sheng Group has deepened the integration of industry and finance, focused on financial investment, technological innovation and talent service, and strived to build a financial technological innovation group with local characteristics. Guo Sheng Group was established in August 20 18. It is affiliated to the Municipal State-owned Assets Supervision and Administration Commission with a registered capital of 5 billion yuan. It is a local financial holding platform built by the municipal party Committee and the municipal government. Its predecessor was Guo Sheng Company, which was restructured from Xuzhou Financial Securities Company (established in 1994) in 200 1 year. The Group consists of 9 departments, 1 1 wholly-owned subsidiaries and 29 holding companies, and holds financial licenses such as financing guarantee, fund management, science and technology small loans, asset management (AMC) and financial leasing. In recent years, under the leadership of the Municipal Party Committee, the Municipal Government, the Municipal State-owned Assets Supervision and Administration Commission and the Finance Bureau, Guo Sheng Group has made great efforts to expand the "full chain" of financial services, established three business segments of "financial services, fund management and asset management", and made great efforts to develop licensed operations and participate in or control financial and quasi-financial industries such as banks, insurance, securities, futures, funds and leasing. By accelerating the integration of financial resources and optimizing the allocation of resources, the industrial layout of "finance as the mainstay and industry as the supplement" has been constructed. By the end of 2020 10, the total assets of the group were 21400 million yuan.