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Yingda International Trust
Yingda International Trust Co., Ltd. is a Chinese trust company and asset management firm that was majority owned by State Grid Corporation of China (via State Grid Yingda Group for 89.76% stake). Yingda Trust was founded in March 1987, as Jinan International Trust and Investment Corporation. Yingda Trust owned Yingda Asset Management for 49% stake. The company was headquartered in Jinan Jinan (), Postal Map Romanization, alternately romanization of Chinese, romanized as Tsinan, is the Capital (political), capital of Shandong province in East China, Eastern China. With a population of 9.2 million, it is the second-largest city i ..., but in 2010 moved to Beijing. Shareholders * State Grid Corporation of China (via State Grid Yingda Group and its subsidiary, via State Grid Shanghai): 93.60% * Jinan Development and Reform Commission (via indirect subsidiary Jinan Energy Investment): 4.38% * Jigang Group: 1.10%2015 Annual Filing of Yingda International TrusNational Enterpri ... [...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] |
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] |
State Grid Corporation Of China
The State Grid Corporation of China (SGCC), commonly known as the State Grid, is a Chinese state-owned electric utility corporation. It is the largest utility company in the world, and as of 2022, the world's third largest company overall by revenue, behind Walmart and Amazon. In 2022 it was reported as having 871,145 employees, 1.1 billion customers and revenue equivalent to US$460 billion. After the electricity Plant-Grid Separation reform in early 2002, the assets of State Electric Power Corporation () were divided into five power generation groups that retained the power plants and five regional subsidiaries belonging to the State Grid Corporation of China in Beijing. History China began an initiative to reform the country's power sector in a three-stage process in 1986. In the third and final stage in March 2002 the State Council of the People's Republic of China put into effect a plan to restructure the country's electric power system in order to create competition and se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jigang Group
Shandong Iron and Steel Group Co Ltd (), commonly known as Shandong Steel, is a Chinese steel company based in Jinan. 2015 it was ranked as 12th biggest steel producer of the world with an production of 21.7 million tonnes of steel. In 2009, it took a 67% stake in Rizhao Iron and Steel. SISG is controlled by the provincial government of Shandong. SISG was formed in March 2008 when the provincial government of Shandong Shandong ( , ; ; alternately romanized as Shantung) is a coastal province of the People's Republic of China and is part of the East China region. Shandong has played a major role in Chinese history since the beginning of Chinese civilizati ... merged two state-owned steel producers. History The State-owned Shandong Iron and Steel Group Co Ltd was created out of the restructuring of Jinan Iron and Steel Group Co and Laiwu Steel Group Corp – the sixth- and seventh-largest steel makers in the country – and Shandong Metallurgical Industry Corp. The three bel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yingda Asset Management
Yingda Asset Management is a Chinese asset management company founded on 18 July 2012. It was owned by the Central Government of China via subsidiaries of state-owned enterprises. The company managed some investment funds that open to retail investors to subscribe. Subsidiaries * Yingda Capital Management (100%) Shareholders * Yingda International Trust (49%) * China Communications Construction China Communications Construction Company, Ltd. (CCCC) is a majority state-owned, publicly traded, multinational engineering and construction company primarily engaged in the design, construction and operation of infrastructure assets, including ... (36%) * China Aerospace Science & Industry Finance (15%) References External links * Official Website of Yingda Capital Management {{authority control Private equity firms of China Government-owned companies of China Chinese companies established in 2012 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trust Company
A trust company is a corporation that acts as a fiduciary, trustee or agent of trusts and agencies. A professional trust company may be independently owned or owned by, for example, a bank or a law firm, and which specializes in being a trustee of various kinds of trusts. The "trust" name refers to the ability to act as a trustee – someone who administers financial assets on behalf of another. The assets are typically held in the form of a trust, a legal instrument that spells out who the beneficiaries are and what the money can be spent for. A trustee will manage investments, keep records, manage assets, prepare court accounting, pay bills (depending on the nature of the trust), medical expenses, charitable gifts, inheritances or other distributions of income and principal. Estate administration A trust company can be named as an executor or personal representative in a last will and testament. The responsibilities of an executor in settling the estate of a deceased perso ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yingda Asset Management
Yingda Asset Management is a Chinese asset management company founded on 18 July 2012. It was owned by the Central Government of China via subsidiaries of state-owned enterprises. The company managed some investment funds that open to retail investors to subscribe. Subsidiaries * Yingda Capital Management (100%) Shareholders * Yingda International Trust (49%) * China Communications Construction China Communications Construction Company, Ltd. (CCCC) is a majority state-owned, publicly traded, multinational engineering and construction company primarily engaged in the design, construction and operation of infrastructure assets, including ... (36%) * China Aerospace Science & Industry Finance (15%) References External links * Official Website of Yingda Capital Management {{authority control Private equity firms of China Government-owned companies of China Chinese companies established in 2012 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jinan
Jinan (), Postal Map Romanization, alternately romanization of Chinese, romanized as Tsinan, is the Capital (political), capital of Shandong province in East China, Eastern China. With a population of 9.2 million, it is the second-largest city in Shandong. The area of present-day Jinan has played an important role in the history of the region from the earliest beginnings of civilization and has evolved into a major national administrative, economic, and transportation hub. The city has held Sub-provincial city, sub-provincial administrative status since 1994. Jinan is often called the "City of Springs" for its famous 72 Artesian aquifer, artesian springs. Jinan is one of the top List of cities by scientific output, 40 cities in the world for scientific research as tracked by the Nature Index according to the Nature Index 2022 Science Cities. The city is home to List of universities and colleges in Shandong, several major universities, including Shandong University, Shangdong, Sha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shandong International Trust
Shandong ( , ; ; alternately romanized as Shantung) is a coastal province of the People's Republic of China and is part of the East China region. Shandong has played a major role in Chinese history since the beginning of Chinese civilization along the lower reaches of the Yellow River. It has served as a pivotal cultural and religious center for Taoism, Chinese Buddhism and Confucianism. Shandong's Mount Tai is the most revered mountain of Taoism and a site with one of the longest histories of continuous religious worship in the world. The Buddhist temples in the mountains to the south of the provincial capital of Jinan were once among the foremost Buddhist sites in China. The city of Qufu is the birthplace of Confucius and was later established as the center of Confucianism. Confucianism developed from what was later called the Hundred Schools of Thought from the teachings of the Chinese philosopher Confucius. Shandong's location at the intersection of ancient ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
