On August 30, Shenzhen Stock Exchange ("SZSE") and China National Nuclear Corporation ("CNNC") signed a strategic cooperation framework agreement. This further deepens their exchanges and cooperation in giving play to the functions of the capital market platform, helping the reform of state-owned enterprises to improve quality and efficiency, and enhancing the ability of finance to serve the real economy. Wang Jianjun, Deputy Secretary of CPC SZSE Committee and President & CEO of SZSE, and Chen Shutang, CNNC Party Leadership Group Member and Chief Accountant, attended the signing ceremony. SZSE and CNNC also jointly held a five-day special training course on capital operation, focusing on topics such as corporate restructuring and listing, mergers and acquisitions, and information disclosure. More than 70 persons in charge from CNNC and its affiliated enterprises and public institutions participated in the training.

CNNC is an anchor for China's nuclear energy development and nuclear power building. It is the main player in China's nuclear science and technology industry and the backbone of nuclear technology applications. CNNC has boosted the development of China's nuclear industry from scratch, from weak to strong, and made outstanding contributions to national security and economic development. CNNC continuously intensifies its connection with the multi-tiered capital market, deepens the reform of state-owned enterprises, improves the management system, promotes the development of modern corporate policies, and facilitates strengthening, optimization and expansion of state-owned capital.

SZSE and CNNC have maintained a good and long-term cooperative relationship. CNNC Sufa Technology Industry Co., Ltd., a subsidiary of CNNC, was listed on SZSE in 1997. The strategic cooperation framework agreement and the joint training course indicated the phased achievements of the exchange and cooperation of both sides at the early stage and a significant initiative of SZSE to deepen the strategic cooperation with centrally-administered SOEs and support the quality development of the latter. According to the agreement, both sides will further strengthen the cooperation in expanding diversified financing channels, promoting the integration of industry and finance, standardizing the development of listed platforms, cultivating potential enterprises to be listed, and enhancing information communication, expand the depth and breadth of cooperation, and sharpen the whole-chain competitiveness in the nuclear industry of China.

Capital market functions as the "booster" and "accelerator" of SOEs reform SZSE always adheres to the requirements of New Development Concepts, sticks to serving the national strategic layout, and provides solid support for the reform of state-owned assets and enterprises with its innovative thoughts, sufficient measures and excellent services. So far, SZSE has developed diversified connection with 60 centrally-administered SOEs and groups, supported the issuance of fixed-income products of more than CNY660 billion, and assisted in the development of a series of innovative products including the centrally-administered SOEs structural adjustment ETF. Moreover, SZSE has stimulated the business expansion and competence building of state-owned enterprises based on the capital market, and made positive achievements in realization of value preservation and appreciation of state-owned assets, expansion of financing channels and promotion of mixed ownership reform of state-owned enterprises. SZSE will continue its earnest study of the Opinions of the CPC Central Committee and the State Council on Supporting the Building of Shenzhen into the Pilot Demonstration Area of Socialism with Chinese Characteristics, deepen relevant implementation, promote the market reform in a proactive manner, continuously enrich the product supply and enhance the market services, and strive to build an ecological system of capital market which is compatible with the Pilot Demonstration Area of Socialism with Chinese Characteristics so as to make contribution to the high-quality development of Chinese economy.