Jiangsu Shagang Group Investment Holding Co., Ltd (hereinafter referred to as ‘Shagang Investment’), a wholly-owned subsidiary of Jiangsu Shagang Group, was established in April 2016 with the registered capital of RMB 2 billion. The predecessor of Shagang Investment was the Investment Department of the Board of Directors of Shagang Group established in 2005.

As a key professionally-developed investment platform nurtured by Shagang Group, Shagang Investment aligns with the Group's development orientation to be high-end, intelligent and green. The company is responsible for the development planning, preliminary research, plan formulation, implementation, and post-investment management of Shagang Group's external investments. The business scope covers direct equity investment, private equity investment, venture capital investment through funds, securities investment, and financial derivatives investment.

Currently, Shagang Investment has more than 60 employees, and manages over 60 projects in industries such as finance, consumption, healthcare, data software, new energy, artificial intelligence, semiconductors, and aerospace. The market value of assets it directly manages exceeds RMB 26 billion, and the scale of assets it indirectly manages surpasses RMB 50 billion.

Adhering to the development philosophy of "stable supply at the resource end, strengthening the industrial chain at the manufacturing end, and supplementing the industrial chain at the application end", Shagang Investment has implemented a number of verifiable cases. Key projects include Zangge Mining, Zangqing Fund, Jinsha Fund, and Grange Resources Limited.

In addition, the company actively promotes cooperation with external institutions, establishes market-oriented funds, conducts investments in the primary and secondary markets, and builds a mother fund-specialized sub-fund system. Jinsha Capital, its primary market investment platform, manages 6 funds with a total scale of approximately RMB 3 billion and has made external investments in 25 projects. The company has also established market-oriented private securities funds; currently, it has an investment and research team of nearly 10 professionals in the secondary market, with a fund scale of over RMB 2 billion.

In the future, the company shall continue to deploy in the sectors of new energy resources, advanced manufacturing and high-end materials, and digital intelligence and green low-carbon, centering on the two core objectives of "serving the main business to strengthen, supplement, and extend the industrial chain" and "fostering new productive forces". It will build industrial chain-level competitiveness, enhance post-investment governance and risk control capabilities, and achieve the preservation and appreciation of assets. The company will always maintain strategic synergy with Shagang Group to help Shagang develop into a major world-class iron and steel enterprise.