On Jan. 10, SASAC Vice Chairman Shao Ning met with Ms. Lim Hwee Hua, director of Jardine Cycle & Carriage and former Minister of the Prime Minister’s Office, Singapore.

Mr. Shao Ning extended the gratitude to Ms. Lim Hwee Hua for the great support to SASAC when she was working in Temasek and the Singapore Ministry of Finance. As a Fortune 500 company and a multinational company with a history of 180 years, Jardine Group has set a good model for central SOEs, in terms of management formats and business philosophy. SASAC encouraged central SOEs to cooperate with multinational companies, such as Jardine Group in different areas and levels, hoping that both sides could give full play to its own strength and achieve win-win results.

Ms. Lim Hwee Hua assured that Jardine Group, with a long history and diversified business, was ready to work more closely with central SOEs and explore overseas markets together with its global network mainly in Hong Kong and Southeast Asia. Jardine Group also hoped to communicate more with SASAC on corporate governance and other issues.