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Guangdong Hengjian Investment Holding
Guangdong Hengjian Investment Holding Co., Ltd. known as Hengjian Holding is one of the holding companies of Guangdong Provincial People's Government. The company acts as one of the investment vehicles of the provincial government in railways of Guangzhou–Dongguan–Shenzhen Intercity Railway, Dongguan–Huizhou Intercity Railway and Guangzhou–Foshan–Zhaoqing Intercity Railway, by invested in Guangdong Pearl River Delta Intercity Railway as minority shareholder. Hengjian Holding issued 8-year medium term note of the same amount in 2009. The other shareholders of Guangdong Pearl River Delta Intercity Railway were sister company Guangdong Provincial Railway Construction Investment Group and central-government owned Guangzhou Railway Group. Subsidiaries * Guangdong Yudean Group (76.00%) Equity investments * China Aviation Industry General Aircraft (10.00%) * China General Nuclear Power Group (10.00%) * CGN Power (10.00%) * China Southern Power Grid (38.40%) * Guangdong ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |