SDIC is the abbreviation of State Development and Investment Corporation.
The State Development and Investment Corporation was established on May 5, 1995. It is a state investment holding company approved by the State Council and one of the important state-owned enterprises directly managed by the central government. SDIC has a registered capital of 19.47 billion yuan. As of the end of 2012, its total assets were 311.5 billion yuan and it had more than 80,000 employees. In 2012, it achieved operating income of 89.1 billion yuan and profit of 11.2 billion yuan. In the annual performance assessment of the State-owned Assets Supervision and Administration Commission of the State Council, it has received A grade for 10 consecutive years and has become an "Excellent Performance Enterprise" in three consecutive term assessments.
Since its establishment, SDIC has continuously improved its development strategy, optimized its asset structure, and established a "tripartite" business framework of industry, financial services, and state-owned asset management. The industrial industry focuses on basic, resource-based industries and high-tech industries such as electricity, coal, ports and shipping, and chemical fertilizers; the financial services industry focuses on developing finance, asset management, and consulting businesses; the state-owned asset management business has made significant progress, and China Investment Guarantee Co., Ltd. Five companies including the company, China Textile Materials (Group) Corporation, China Electronics Engineering Design Institute, China Complete Equipment Import and Export (Group) Corporation and China High-tech Investment Group Corporation have been merged into SDIC. At the same time, SDIC has completed the The hosting work of China Packaging Corporation. SDIC plays a unique role as an investment holding company in the development of the national economy and the structural adjustment of the state-owned economy.
The company's vision is to have a first-class investment enterprise, a first-class management team, and first-class management methods, and develop into a world-class state-owned investment holding company.
The company’s mission is to serve investors, society and employees.
The company is based on basic principles:
1. The principle of consistency. The nature of the company requires that the company's development direction must be consistent with the direction of state-owned economic reform and development. All businesses must be developed under the guidance of the company's overall strategy and be consistent with the strategic goal of creating a first-class investment holding company. Local interests must be subordinate to the company as a whole. Benefit.
2. Principle of strategic synergy. The company invests in accordance with the business selection principles of "limited, relevant and diversified" and focuses on leveraging the synergy between various business areas, thus reflecting the characteristics of an investment holding company.
3. The principle of coordinated development. We must not only pay attention to strategic investment to ensure the realization of the company's long-term goals, but also reasonably arrange medium and short-term investments with good returns, maintain the company's good financial status, combine long-term and short-term, and develop collaboratively.
4. The principle of unifying scale and efficiency. In the industries where the company focuses on investment, both scale and efficiency should be paid equal attention to improve industry influence; individual investment projects must have a certain scale; when there is a conflict between scale and efficiency, scale will be subordinated to efficiency.
5. The principle of matching speed and quality. While maintaining a high development speed, the company focuses on improving asset quality. By optimizing investment layout, adjusting asset structure, and strengthening the management of investment projects, the company aims to match the development speed with asset quality.
6. The principle of harmony between enterprise development and the environment. The company mainly invests in basic and resource-based industries. In project development and construction, it must pay attention to energy conservation and environmental protection, develop circular economy, improve resource utilization, reduce environmental harm, and achieve harmony between enterprise development and the environment.