Jingji Fund, managed by Shougang Fund Company, has continuously strengthened its "focus" and "professionalism" since its establishment, which plays an important role in promoting the coordinated development of Beijing and Hebei, accelerating the transformation of the old industrial areas, cultivating new industries and promoting the easing of non-capital functions.

Industry support and cultivation requires large capital investment. Jingji Fund has played a very significant role in leveraging social capital. Shougang Fund Company participates in the infrastructure construction of Caofeidian. Jingji Fund has set up a Caofeidian Fund totaling 10 billion RMB, mainly serving the park construction of Caofeidian, and stimulating the development of Hebei region. Phase I supports the Tangshan-Caofeidian Highway project which has an investment of 1 billion RMB with 200 million contributed by Caofeidian Fund and 800 million collected by the local social capital of Hebei, ensuring the healthy operation of major local infrastructure projects in Tangshan and Caofeidian. At present, the fund has invested in the Tangshan-Caofeidian Highway project, and is vigorously promoting the Tangshan-Caofeidian Railway project, the Tangshan urban comprehensive pipe gallery project and the Second Ring Road project, reflecting the guidance and amplification functions of the Fund and solving the financing problem of local projects.

Shougang Fund Company actively participates in the medical education reform of Hebei, especially the Tangshan area, and promotes the development of public utilities, reflecting its connecting role as a bridge. The introduction of high-quality resources from the capital to Caofeidian not only benefited local residents but also improved their life quality. Caofeidian Fund Phase II supports the Caofeidian Workers' Hospital PPP project. The investment scale of the project is 500 million RMB. It has been included in the third batch of PPP demonstration projects of the Ministry of Finance, aiming to, through the "PPP + management cooperation" mode, innovate the cross-regional public hospital collaborative model, connect Beijing Friendship Hospital and other high-quality resources, and launch demonstration livelihood projects to promote China's medical reform and the coordinated development of Beijing, Tianjin and Hebei. At present, Caofeidian Cardiovascular Disease Diagnosis and Treatment Center of Anzhen Hospital and Caofeidian Cooperation Hospital of Friendship Hospital are officially opened; Caofeidian Cooperation Hospital of Beijing Obstetrics and Gynecology Hospital have signed a cooperative agreement.

Shougang Fund Company has also contributed to the local industry upgrade and continuously increases it investment. Caofeidian Fund Phase III supports the Shougang Langze project which has an investment of 400 million RMB with 120 million contributed by Jingji Fund and also attracted Jicai Fund of Hebei Province and other social capital. The Shougang Langze project produces the clean energy fuel of ethanol by industrial coal gas. It is a system project integrating energy saving, emission reduction and green clean energy recycling, which can effectively reduce carbon dioxide and particulate emissions, setting a model for promoting regional environmental management and industry development. Investment in this project reflects the focus function of Shougang Fund in boosting industrial upgrading and transformation through high technologies. By 2018, every ton of ethanol fuel produced by Shougang Langze will reduce carbon emissions by approximately 1.8 tons.

At the same time, to revitalise the old industrial areas of Shougang Group, Jingji Fund has invested 2 billionRMB, leveraging the social capital of 10 billion RMB from the Agricultural Bank of China, China Life Investment, etc. and establishing an infrastructure construction investment fund group for the old industrial areas of Shougang Group. At present, Phase I Fund has invested 1.5 billion RMB. At the same time, Jingji Fund, through project investment, explores and introduces mature park development models, learns from the development experience of domestic advanced parks, promotes the construction of ecological parks and wisdom parks in the old industrial areas of Shougang Group, enhances the city-industry integration of the parks of Shougang Group, and speeds up the construction and development of new comprehensive service zones for high-end industries of Shougang Group.

It is described that Jingji Fund, in terms of industry cultivation, focuses on supply chain and finance, as well as consumption upgrade based on medical treatment, health, sports and entertainment; large data and artificial intelligence +; parking-based infrastructure and smart city; new energy vehicles and equipment manufacturing and other key areas, actively promoting the development of the urban integrated service business. Through the establishment of sub-funds, equity direct investment and other methods, social quality capital and service agencies are actively introduced; more than 20 projects in line with the industrial upgrading direction of Beijing have been guided and promoted to settle in Beijing and the old industrial areas of Shougang Group, effectively implementing the innovative "Fund + Base + Industry" operation mode of Beijing.