On the first morning of this new year, as we face the east and watch the rising sun, we can't help but feel that time is so magnificent! So, together, we stand at the starting line, carrying the accumulation of the past, facing the call of the future, polishing our dreams, and working hard to set sail again!
Looking back on 2021, too many extraordinary achievements are worth remembering.
The 100th anniversary of the founding of the Communist Party of China, which is leading the people of the whole country towards the second centenary goal of building a modern socialist strong country...
The Tianwen-1 Mars lander successfully landed on Mars; Chinese athletes won glory for the country at the Tokyo Olympics; the COVID-19 epidemic has been gradually brought under control nationwide...
The 20th National Congress of the Communist Party of China is approaching, and the Beijing Winter Olympics are underway...
Of course, we have experienced confusion, anxiety, and sadness: the anti-China forces in the West are like an unyielding haze, the global economic recession and financial turmoil, and the torrential rain in Zhengzhou that claimed the lives of our compatriots...
But, facing the rising sun of the new year, we know that even if there are tears in our eyes, as long as we have dreams in our hearts and face the sunshine, life will surely spread its wings and fly!
It is with this obsession that our amazing team has been able to maintain confidence and forge ahead despite the challenges of the epidemic and market fluctuations. Facing the new year, we proudly say that in 2021, Zhongji people did not disappoint!
In that year, while raising risk control standards, the company actively adapted to market changes, adjusted its industrial layout, strengthened its advantageous areas, and achieved steady growth in various performances. The company's high-yield debt under management reached 1 billion yuan, asset management model progressed smoothly, with low drawdown and consistently high returns, creating a good market reputation. By focusing on industry research and optimal portfolio allocation, the follow-on offering business achieved performance far exceeding the market average rate of return. The transformation of PE/VC fund operations is steadily advancing, the Chengdu fund is in the process of signing fund agreements, and funds under management in Hebei, Liaoning, Shanghai and other regions have invested in a number of high-quality projects, and several special funds for supporting high-quality projects have been successfully implemented. In response to the trend of industrial development, the company actively deployed in the automotive, semiconductor and medical healthcare sectors, with projects such as Yatung Automobile, Haiguang Information, and Pu'ai Medical having submitted IPO applications, while projects such as United Imaging Healthcare, Jiheng Pharmaceutical, Xuanzhu Bio, Inspur Cloud, and Ligong Data Transmission are undergoing IPO guidance and are expected to be submitted for listing in 2022.
Affected by global factors such as the global pandemic, the world's political and economic trends, the real estate industry is facing reforms. China Zhongji Investment foresaw this major change in the industry and formulated a countermeasure two years in advance, namely prioritizing stability, avoiding real estate companies with high leverage, and choosing financially sound regional small and medium-sized real estate companies with industrial backgrounds. It also took the lead in proposing the "three no principles": not pursuing scale of investment volume, not pursuing ranking of trading partners, and not pursuing concentration of project tracks; focusing on project quality and safety margin. At the beginning of 2021, the company made another forward-looking decision: to respond to changes with contraction. The total scale of real estate project asset management was reduced by approximately 1.7 billion yuan throughout the year, strictly adhering to the bottom line of risk, successfully avoiding this round of real estate tsunami!
2021 should be remembered!
At the beginning of 2022, we should also bless our own dreams. That dream, which sprouted five years ago in August, has since filled our brows and hearts like autumn fruits.
Dreams and aspirations, more than just five years.
The past years have given today's Zhongji a unique charm: every day, we can feel the joy of every step forward in this transformation. Every day, we know that failing to keep up with the times is the deadliest challenge of this era.
Chasing dreams, riding the wind and waves.
We believe that between commonality and individuality, departure and destination, the "steady" 2022 can bring us unique tension, vitality and expectation.
This tension stems from the transformation and adjustment of project formats. The test of transformation brings the impetus of spring, but it is often as piercing as the winter wind. Only in this way can we be reborn from the ashes. In the new year, we will delve into the "14th Five-Year Plan", closely combine with the international and domestic economic situation, proceed from the national conditions, act according to laws, lead with wisdom and courage, be confident and eclectic, follow innovation and coordination, while deepening the existing advantageous businesses, we will actively adjust and transform project formats and explore emerging fields.
This vitality stems from the adherence to the original intention of our dreams. Change is the surface, and constancy is the essence. No matter the changes in trivial matters around us, or the major changes in the national and international economic and political situation, the wheels of time roll forward. In the midst of speed and change, in the midst of rapid growth and rapid decline, the rotating kaleidoscope always retains a firm and stable core, which has been tempered by time and remains timeless: that is our adherence to and upholding of the original intention of our dreams. These unchanging things will protect all speed and change on the development path of China Zhongji Investment.
This expectation stems from the sowing of hope for new seedlings. Perhaps we will experience setbacks, but these new seedlings are like the rising sun, guiding us forward. These new seedlings not only refer to the emerging sectors, formats, or projects that we will deeply research and participate in, but also refer to our pursuit of a better life, our adherence to responsibilities and obligations, and our self-improvement and transcendence. Let us take a scoop of water and irrigate these new seedlings together, locking hope in the perpetual motion of change and constancy, and determining happiness in the alternation of certainty and uncertainty.
Knowing when to stop allows for stability; stability allows for tranquility. With tranquility, one can plan and strategize, thus adapting and creating change positively, worthy of this era of immense transformation.
Dreams and aspirations extend far beyond five years. What begins simply will inevitably culminate in something grand.
In 2022, let us continue to move forward together!
China Zhongji Investment Management
