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What unit is SDIC?

SDIC is an important state-owned backbone enterprise directly managed by the central government.

The full name of SDIC is National Development and Investment Group Co., Ltd., which was established on May 5, 1995. It is an important state-owned backbone enterprise directly managed by the central government, the only investment holding company among the central enterprises, and the first batch of pilot units for the reform of state-owned capital investment companies. The main business of SDIC includes energy industry, digital/technology, people's livelihood and health, industrial finance and other fields.