To thoroughly implement the State-owned Assets Supervision and Administration Commission of the State Council's directive on revitalizing existing assets and deeply unlock the value of state-owned asset holdings, on September 21, 2026, the Beijing headquarters of China Merchants Group, together with Sinotrans & Changhang Group Co., Ltd., the China Enterprise State-Owned Property Rights Trading Association (referred to as the China Property Rights Association), and the Beijing Equity Exchange, jointly hosted the "'Beijing' Splendor, Revitalization with 'Merchants' - Sinotrans & Changhang Enterprise Property Rights and Real Estate Disposal Project Promotion Conference." The event featured roadshow presentations by Sinotrans Limited and China Changjiang National Shipping Group Corporation.
The conference adopted a hybrid format combining an offline main venue with online live streaming, drawing nearly 180 representatives from central and local state-owned enterprises, financial institutions, asset management companies, real estate service providers, as well as private and foreign investment firms to the venue, while simultaneously attracting over 3,000 online viewers.
Yang Guofeng, General Manager of Sinotrans & Changhang Group Co., Ltd., stated in his address that this promotion conference represents China Merchants Group's concrete implementation of the Party Central Committee's state-owned enterprise reform directives and its commitment to the "Two Unswerving" principles. He emphasized its significant role in fostering deeper, broader, and higher-level industry-finance collaboration among diverse market participants and in facilitating the efficient connection between existing assets and social capital. He noted that Sinotrans & Changhang Group is firmly focused on its strategic positioning of building a "leading industry-wide asset management platform," striving to serve as the bridge linking China Merchants Group with the property rights capital market and supporting the group's pursuit of high-quality development. Looking ahead, the company will continue to expand its network, establish regular communication mechanisms, and unite all relevant parties to effectively address the revitalization of existing assets.
Wang Yan, Secretary-General of the China Property Rights Association, highlighted in her remarks that the property rights market shoulders the critical mission of ensuring open, fair, just, and transparent transactions of state-owned assets. It acts as an "efficiency enhancer" for improving state-owned capital effectiveness and plays a pivotal role in assisting central enterprises to grow stronger and more competitive. Since its inception, the association has been dedicated to promoting compliant trading and efficient allocation of state-owned assets. Since the 18th National Congress of the Communist Party of China, with the collective efforts of industry peers, the market's trading volume has continuously climbed, reaching a cumulative total of 190.52 trillion yuan with an average annual compound growth rate exceeding 20%, and surpassing 25 trillion yuan in transaction value for two consecutive years. Concurrently, the property rights industry has developed a set of replicable and promotable experiences and typical cases in revitalizing existing assets and awakening "sleeping value," which have been shared with all parties through various channels.
Zhao Xingye, General Manager of the Beijing Equity Exchange, remarked in his speech that revitalizing existing assets serves as an effective pathway for advancing the high-quality development of state-owned enterprises, significantly contributing to the optimization of industrial structure and the enhancement of state-owned capital allocation and operational efficiency. Over the years, the Beijing Equity Exchange has focused on building a "platform plus investment banking" trading ecosystem, offering market participants a one-stop, full-process service that includes advisory consulting, promotional support, and transaction matching for asset revitalization. Notably, this year alone, it has facilitated the disposal of "two types of assets" for state-owned enterprises, recovering 28 billion yuan in funds; completed 1,083 housing rental projects with a transaction amount of 12.7 billion yuan; and finalized 498 idle asset disposal projects valued at 529 million yuan, achieving an average asset appreciation rate of 45%, thereby injecting robust momentum into enterprise efficiency and high-quality development.
The conference prominently featured a total of 120 asset disposal projects from three entities under China Merchants Group: Sinotrans & Changhang Group Co., Ltd., Sinotrans Limited, and China Changjiang National Shipping Group Corporation. These projects, spread across numerous major cities nationwide, are diverse in business type and category, encompassing logistics warehousing, office spaces, commercial real estate, and related equity interests, catering to the differentiated allocation needs of various investors.
During the roadshow session, officials from the three enterprises focused on 18 key high-quality projects, delivering comprehensive presentations outlining basic project overviews, core resource advantages, operational value, and cooperation directions, clearly illustrating the investment potential of each initiative. The on-site communication atmosphere was vibrant, with participating investment institutions and enterprise representatives engaging in in-depth discussions and precise matchmaking on project qualifications and investment cooperation models. Multiple preliminary cooperation intentions were reached on site, and the event achieved fruitful results.
As the critical period marking the beginning of the "15th Five-Year Plan" unfolds, state-owned enterprise reform and development face new situations, tasks, and requirements. The Beijing Equity Exchange will continue to deepen practical cooperation with institutions such as China Merchants Group, constantly innovate service models, improve service efficiency, and build bridges for the efficient circulation and optimized allocation of assets, making new and greater contributions to supporting the construction of a new development pattern and promoting the steady and long-term growth of the Chinese economy.