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Taian Taishan Investment
Taian Taishan Investment Co., Ltd. is a Chinese sovereign wealth fund of Tai'an, Shandong Province. The sole shareholder of the company was Tai'an Finance Bureau (since 2014, in the past Tai'an's State-owned Assets Supervision and Administration Commission). Despite not listed, the company issued bonds to finance in 2011 and again in 2013 for a total of . Subsidiaries * Taian Fund Investment & Guaranty (100%) Equity investments * Taian Bank (30.01% combined) * Bank of Communications (0.03%) * China National Materials (8.67%) Former portfolio * Puhua Investment Puhua Investment Co., Ltd. is a Chinese company based in Tai'an, Shandong Province. As at 31 December 2015, state-owned enterprise Potevio owned 39.04% stake as the largest shareholder. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Puhua Investment
Puhua Investment Co., Ltd. is a Chinese company based in Tai'an, Shandong Province. As at 31 December 2015, state-owned enterprise Potevio owned 39.04% stake as the largest shareholder.National Credit Information Publicity System (in Chinese) History Puhua Investment was founded in 2002 as Tai'an Taishan Investment Holding ().Not to be confused with Taian Taishan Investment () In 2004 the company was the joint-largest shareholder of the for 22.56%. In June 2006 it w ...[...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] |
Tai'an
Tai'an () is a prefecture-level city in Western Shandong Province of the People's Republic of China. Centered on Mount Tai, the city borders the provincial capital of Jinan to the north, Zibo to the east, Linyi to the southeast, Liaocheng to the extreme west and Jining to the south. To the west, Tai'an is separated from the province of Henan by the Yellow River. Its population was 5,494,207 as of the 2010 census, of whom 1,735,425 lived in the built-up (''or metro'') area made of two urban districts ('' Taishan District and Daiyue District''). Administration The prefecture-level city of Tai'an administers six county-level divisions, including two districts, two county-level cities and two counties. * Taishan District () * Daiyue District () *Xintai City () *Feicheng City () *Ningyang County () *Dongping County () History Etymology Tai'an is named after Mount Tai. In Chinese, Tai () means "significant". Thus, the name Tai'an is derived from the ancient saying: "If Mount ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1,000,000,000
1,000,000,000 (one billion, short scale; one thousand million or one milliard, one yard, long scale) is the natural number following 999,999,999 and preceding 1,000,000,001. With a number, "billion" can be abbreviated as b, bil or bn. In standard form, it is written as 1 × 109. The metric prefix giga indicates 1,000,000,000 times the base unit. Its symbol is G. One billion years may be called an ''eon'' in astronomy or geology. Previously in British English (but not in American English), the word "billion" referred exclusively to a million millions (1,000,000,000,000). However, this is no longer common, and the word has been used to mean one thousand million (1,000,000,000) for several decades. The term ''milliard'' can also be used to refer to 1,000,000,000; whereas "milliard" is rarely used in English, variations on this name often appear in other languages. In the South Asian numbering system, it is known as 100 crore or 1 arab. 1,000,000,000 is also the cube of 1000 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consolidated Financial Statement
Consolidated financial statements are the "financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent company and its subsidiaries are presented as those of a single economic entity", according to International Accounting Standard 27 "Consolidated and separate financial statements", and International Financial Reporting Standard 10 "Consolidated financial statements". Consolidated statement of financial position While preparing a consolidated financial statement, there are two basic procedures that need to be followed: first, cancel out all the items that are accounted as an asset in one company and a liability in another, and then add together all uncancelled items. There are two main type of items that cancel each other out from the consolidated statement of financial position. * "Investment in subsidiary companies" which is treated as an asset in the parent company will be cancelled out by "share capital" account ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taian Bank
Bank of Taian Co., Ltd. trading as Taian Bank is a Chinese urban commercial bank based in Tai'an, Shandong Province. The bank was formerly known as Taian City Commercial Bank. It was reported that the bank was linked to Tai'an-born Xiao Jianhua's Tomorrow Group, which ''"New Fortune"'' accused that Xiao owned some of the private investors of the bank by proxy person. Those accused companies, did pledged the shares to private equity funds of New Times Securities (another firm that was accused as a member of Tomorrow Group). However, also pledged the shares to state-owned China Fortune Trust (and its private equity funds). Tai'an Municipal People's Government owned 34.56% shares as the largest (known) shareholder consortium. History The predecessor of the bank was founded in 1986. On 16 August 2007 it became Taian City Commercial Bank and on 12 November 2015 became Taian Bank. Shareholders Tai'an Finance Bureau-owned Taian Taishan Investment and its subsidiaries owned 30. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Communications
Bank of Communications Limited (BoComm) (; often abbreviated as ), is the fifth-largest bank in mainland China. Established in 1908, the Bank of Communications claims a long history in China and is one of the banks to have issued banknotes in modern Chinese history. It was listed on the Stock Exchange of Hong Kong in June 2005 and the Shanghai Stock Exchange in May 2007. The Bank was ranked No.151 among Fortune Global 500 in terms of operating income by the Fortune and No.11 among the global top 1,000 banks in terms of Tier 1 Capital rated by the London-based magazine The Banker. History Before 1949 In 1907, Liang Shiyi proposed the formation of a Bank of Communications to redeem the Beijing–Hankou Railway from its Belgium, Belgian owners and place the railway under Chinese control. The Bank of Communications was duly formed in 1908 and provided more than half of the financing needed to buy the railway. The successful redemption enhanced the prestige of Liang's Communi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China National Materials
China National Materials Group or Sinoma, established in 1983, is a central government-administered enterprise directly under the administration of the State-owned Assets Supervision and Administration Commission of the State Council of the People's Republic of China. It is the world's largest cement equipment and engineering service provider and China's leading non- metal materials manufacturer. It is also the only enterprise that possesses a series of core technologies and complete innovation system in non-metal materials industry in China. The group's subsidiaries listed as A shares in the Shanghai Stock Exchange and the Shenzhen Stock Exchange are Sinoma International Engineering (), Ningxia Saima Industry () and Xinjiang Guotong Pipeline (). Another of the group's subsidiaries, China National Materials (), was listed as H shares in the Hong Kong Stock Exchange on 20 December 2007 while the IPO price was HK$4.5 per share. It attracted six investors including China Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Owned By The Provincial Government Of China
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Tai'an
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "arti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
