Under the background of the new round of reform of state-owned enterprises，the transformation of local state-owned enterprises represented by urban investment company is the only way to revitalize urban state-owned assets.The establishment of the management and operation platform of state-owned assets and the optimization of the structure of state-owned capital can effectively prevent the loss of state-owned assets and realize the healthy development of state-owned enterprises and the maintenance and appreciation of operational state-owned assets. Mainly represented by urban construction investment company and the local state-owned enterprises in the process of development of accumulated a large number of assets and resources，on the one hand，as local investment and financing platform，the assets structure of city investment company has its particularity，on the other hand，as a state-owned assets management and operation subject within the scope of authority，city investment company is shouldering the important task to realize the value of state-owned assets within the scope of authority of. With the continuous progress of the reform of state-owned enterprises，the management and management of assets has become an urgent and important subject in the transformation and development of urban investment corporation. Based on the policy background and the characteristics of urban investment company's asset management，this paper expounds the deficiencies of urban investment company in the process of asset management，and puts forward suggestions to strengthen the asset management of urban investment company in view of the existing problems，in order to provide reference for the asset management and operation of urban investment company.