1. State-owned enterprises usually have a prudent and conservative investment style and pay more attention to investment safety and long-term return.

2. State-owned enterprises are regulated and restricted by national policies, and there will be specific investment regulations and restrictions.

3. State-owned enterprises generally have huge assets and management teams, and need more complicated investment decisions and risk control schemes. Investment tools such as stock funds are usually managed by fund management companies, and state-owned enterprises feel that the management and operation level of fund management companies can not meet the needs.